ZTE loans $300 million USD to Tanzania for unspecified telecommunication projects

$300M USD

Funder	ZTE Corporation (formerly Zhongxing Telecommunication Equipment Corporation)
Recipient Organization	Government of Tanzania
Country	Tanzania
Start Date	Jan 01, 2014
End Date	Feb 22, 2030
Duration	5,896 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`60136`

Grant Description

ZTE loans $300 million USD to Tanzania for unspecified telecommunication projects According to a discussion paper from Stellenbosch University (p. 22), sometime between 2013 and 2015, the Chinese telecom company ZTE pledged to loan $300 million USD to Tanzania for unspecified telecommunications projects.

📋 Loan / Grant Terms

💰 Loan Amountterms and sub-projects are unknown

📋 Staff Comments

Very few reports on this loan suggest no financing deal was ever formally signed. This could possibly be an aggregate amount

📚 Sources & References

Sino-TZ ties acquire strategic depth
TANZANIA-CHINA ALL-WEATHER FRIENDSHIP FROM SOCIALISM TO GLOBALIZATION: A CASE OF RELATIVE DECLINE 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.