Loading…
Loading grant details…
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Government of Namibia |
| Country | Namibia |
| Start Date | Dec 01, 2003 |
| End Date | Apr 13, 2026 |
| Duration | 8,169 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 68444 |
(Umbrella) Chinese Government commits $23.8 million interest-free loan — through December 2003 ETCA — for Okahandja Defense Academy Project and Phase 1 of Berg Aukas Youth Skills Training Center Construction Project In December 2003, the Chinese Government and the Government of Namibia signed an Economic and Technical Cooperation Agreement (ETCA), which committed a $23,842,659 interest-free loan for Phase 1 of Berg Aukas Youth Skills Training Center Construction Project (recorded in Record ID#61545) and the Okahandja Defense Academy Project (recorded in Record ID#1282).
Both projects were completed by 2019, with all funding dispersed by then.
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.
Government of Namibia
Complete our application form to express your interest and we'll guide you through the process.
Apply for This Grant