Chinese government pledges to provide a RMB 200 million interest-free loan to Sudan (Linked to Record ID#56281)

¥200M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Sudan
Country	Sudan
Start Date	Sep 03, 2018
End Date	Jul 14, 2033
Duration	5,428 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`56283`

Grant Description

Chinese government pledges to provide a RMB 200 million interest-free loan to Sudan From September 3 to 4, 2018, during Sudanese President Omar al-Bashir's visit to China for the Forum on China-Africa Cooperation (FOCAC), Chinese President Xi Jinping pledged that China would provide Sudan with an RMB 200 million interest-free loan to aid Sudan to overcome economic difficulties and to be used in the projects agreed upon.

The precise source of the funding within the Chinese government and the projects it will be used for are uncertain.

During FOCAC, President Xi also pledged that a grant of RMB 400 million will be provided to Sudan (captured by Record ID#56281).

📚 Sources & References

The Chinese President Announces A Grant to Sudan worth 400 Million Yuan
China commits $88 million in loans, grants to Sudan
Sudan to get $88 million in loans and grants from China
中非合作论坛：中国再派大礼债务和贪腐问题顾虑依旧
中国与非洲的贸易：是经济殖民吗？ 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.