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China Loans Niger 30 million RMB under Economic and Technical Cooperation Agreement (Linked to Record ID#135, #58623)
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Government of Niger |
| Country | Niger |
| Start Date | Jul 18, 2006 |
| End Date | Dec 18, 2026 |
| Duration | 7,458 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 67573 |
Grant Description
China Loans Niger 30 million RMB under Economic and Technical Cooperation Agreement On 18 July 2006, the Governments of China and Niger signed an Economic and Technical Cooperation Agreement (ETCA) including a 30 million RMB interest-free loan and a 20 million RMB grant (Record ID#58623).
These funds were at least partially used to finance the second bridge project (#135).
Staff Comments
Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20-years by default and grace period to 10-years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20-years, with a drawdown period of 5-years, grace period of 5-years, and repayment over 10-years. AidData treats the drawdown period as providing 5-years of additional grace.
Sources & References
- La Chine va construire un second pont sur le fleuve Niger
- China to fund second bridge over Niger river into Niamey
- 第三届中尼合作委员会在京举行 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 Niger
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