Active Development AidData Chinese Aid

China Eximbank provides USD $20 million loan for Mobile Telephone Project

$20M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Société des Télécommunications du Tchad (SOTELTCHAD)
Country	Chad
Start Date	Jan 01, 2007
End Date	Oct 13, 2033
Duration	9,782 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`56318`

Grant Description

China Eximbank provides USD $20 million loan for Mobile Telephone Project According to Chad’s Ministry of Economy and Planning, China Eximbank and Société des Télécommunications du Tchad (SOTELTCHAD) — a state-owned telecommunications company in Chad — signed a USD $20 million concessional loan agreement in September 2007 for a Mobile Telephone Project.

📋 Loan / Grant Terms

💰 Loan Amountreportedly carried the following terms: a 1

⏳ Grace Period5 years

💹 Interest Rate1.5%

The maturity length of the loan is unknown. The implementation status of the project is also unknown.

📋 Staff Comments

This loan-financed project is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.

📚 Sources & References

Recherche collaborative du Consortium pour la Recherche Economique en Afrique (CREA) sur les Relations entre la Chine et l'Afrique Subsaharienne: Cas du Tchad
Relationship between Chad and China
La coopération commerciale entre la Chine populaire et le Tchad: enjeux et perspective
Les stratégies des firmes multinationales chinoises au Tchad et leur contribution à la diversification de l'économie tchadienne 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.

All Grantees

Société des Télécommunications du Tchad (SOTELTCHAD)

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