Loading…

Loading grant details…

Active Development AidData Chinese Aid

Chinese Government provides RMB 45 million interest-free loan to Zambia for 12th TAZARA Protocol (Linked to Record ID#73167)

¥45M RMB

Funder China Ministry of Commerce
Recipient Organization Government of Zambia|Tanzania-Zambia Railway Authority (TAZARA)
Country Zambia
Start Date Nov 05, 2004
End Date Sep 13, 2026
Duration 7,982 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 73168
Grant Description

Chinese Government provides RMB 45 million interest-free loan to Zambia for 12th TAZARA Protocol In 1967, the Chinese Government provided an RMB 494 million interest-free loan to the Government of Zambia for the construction of the 1860 km Tanzania–Zambia Railway (TAZARA), stretching from Dar‑es‑Salaam to Kapiri Mposhi.

Since then, the Chinese Government has provided a series of grants and loans to support TAZARA by providing spare parts, fuel, technical assistance, passenger coaches, and locomotives.

On November 5, 2004, the Chinese Government provided an RMB 45 million interest-free loan to support the ongoing operations and maintenance of TAZARA.

📋 Loan / Grant Terms
💰 Loan Amountreportedly carried a 15 year maturity and a 10 year grace period
📅 Maturity15 years
⏳ Grace Period10 years

Tanzania and Zambia will draw down on the loan starting 2005 to 2009, while repayments start 2015 and end in 2019. It is unclear what has been done thus far with the funds, but the project appears to be untied.

📋 Staff Comments
  1. This project is known as the 12th TAZARA Protocol.
  2. This loan was part of a joint loan of $10.87 million (RMB 90 million) to the Zambian and Tanzanian governments to rehabilitate the Tanzania-Zambia Railway (TAZARA). Each country was set to receive $5.4 million (RMB 45 million), of which $1 million was earmarked for the rehabilitation of TAZARA. The loan to the Government of Tanzania is recorded via Project ID#73167.
📚 Sources & References
  • China loans Tanzania
  • Zambia $10.8m to refurbish railway
  • TAZARA Railway
  • REPORT OF THE COMMITTEE ON GOVERNMENT ASSURANCES FOR THE FIRST SESSION OF THE TENTH NATIONAL ASSEMBLY APPOINTED ON 8TH NOVEMBER, 2006
  • China-Africa economic relations: The case of Zambia
  • China has Given a Loan to Zambia and Tanzania 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 Zambia|Tanzania-Zambia Railway Authority (TAZARA)

Advertisement
Discover thousands of grant opportunities
Advertisement
Browse Grants on GrantFunds
Interested in applying for this grant?

Complete our application form to express your interest and we'll guide you through the process.

Apply for This Grant