Completed Development AidData Chinese Aid

China Eximbank provides $50 million loan for Menongue Medium and High Voltage Power Grid Construction and Expansion Project

$50M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Angola
Country	Angola
Start Date	Jan 01, 2013
End Date	May 08, 2031
Duration	6,701 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`67112`

Grant Description

China Eximbank provides $50 million loan for Menongue Medium and High Voltage Power Grid Construction and Expansion Project In 2013, China Eximbank and the Government of Angola signed a $50 million loan agreement for the Menongue Medium and High Voltage Power Grid Construction and Expansion Project.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

The construction period for this project was 20 months, starting around May 2013.

This project involved the installation and expansion of a medium and high voltage power grid network in the city of Menongue within Cuando Cubango Province. Sinohydro was the contractor responsible for implementation. This project was completed on or around 13 January 2015.

📋 Staff Comments

The Portuguese project title is Projecto de Instalação e Ampliação da Rede de média tensão e baixa tensão na Cidade de Menongue.This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.

📚 Sources & References

Three Chinese groups to carry out construction projects in Angola funded by the China ExIm Bank
Boletim Da Divida Publica Periodo de 2013
Ministro inaugura obras construídas em Angola por empresa da China
Mais água potável e energia eléctrica para Menongue
Chinese Loans to Africa Database 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

Government of Angola

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