China Eximbank pledges CFA 50 billion loan for acquisition of 2,200 trucks

Funder	China (People's Republic of)
Recipient Organization	Senegal
Country	Senegal
Start Date	Nov 11, 2015
End Date	Dec 11, 2028
Duration	4,779 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`53181`

Grant Description

China Eximbank pledges CFA 50 billion loan for acquisition of 2,200 trucks In 2015, the Government of Senegal kicked off the 'Large Aircraft Renewal Project' (Programme de renouvellement des gros porters), which included the revamping of the entire transportation sector in Senegal. Loan applications and disbursements are still being received and processed as the projects continue to evolve.

Ongoing monitoring and evaluation are in place to ensure project continuity.