Active Development AidData Chinese Aid

Chinese Government provides $38.6 million loan for purchase of electricity equipment (Linked to Record ID#47128, #47205)

$38.6M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Sudan
Country	Sudan
Start Date	Jan 01, 2002
End Date	Aug 04, 2026
Duration	8,981 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`57982`

Grant Description

Chinese Government provides $38.6 million loan for purchase of electricity equipment In 2002, the Chinese Government and the Government of Sudan signed a $38.6 million loan agreement for the purchase of equipment and spare parts to support Phase I of Khartoum State Electricity Facilities Rehabilitation Project.

📋 Loan / Grant Terms

💰 Loan Amountcarried the following borrowing terms: aa 5% interest rate

📅 Maturity6 years

⏳ Grace Period2 years

💹 Interest Rate5%

It is unclear whether these funds were ever disbursed.

📋 Staff Comments

The 2002 Annual Report of the Bank of Sudan refers to interest rates as 'loan fees’.
In 2002, the Chinese Government also provided a $12.1 million loan to the Government of Sudan for Phase I of Khartoum State Electricity Facilities Rehabilitation Project (as captured via Project ID#47128).
The Chinese Government provided also a $19.5 million grant for Phase II of the Khartoum State Electricity Facilities Rehabilitation Project (as captured via Project ID#47205).

📚 Sources & References

Bank of Sudan Annual Report 2002
Chinese Loans to Africa Database
Bank of Sudan Annual Report 2002 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.