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Mamba Cement Company donates money to repair local primary school and provide teaching equipment and support to teachers
| Funder | China-Africa Development Fund (CADFund)|Jidong Development Group Co. Ltd.|Mamba Cement Company (Pty) Ltd |
|---|---|
| Recipient Organization | Government of South Africa |
| Country | South Africa |
| Start Date | Jan 01, 2018 |
| End Date | Apr 27, 2032 |
| Duration | 5,230 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 86705 |
Grant Description
Before August 2018, Mamba Cement Company (Pty) Ltd, a joint venture with a majority stake held by Jidong Development Group and China-Africa Development fund (see Record ID#16650), donated money to repair the local primary school located near the Mamba Cement Plant in Limpopo Province, as well as providing teaching equipment and support to the school's teachers.
The monetary value of this donation is unknown. Mamba Cement Company is a joint venture for the $217 million USD Mamba Cement project.
It includes South Africa's Women Investment Portfolio Holdings Limited (Wiphold) with a 23.9% stake, South African limestone mining company Continental Cement with a 25.1% stake, and Jidong Development Group and China-Africa Development Fund, which together hold a majority 51% stake.
Staff Comments
AidData has coded both the Chinese state-owned enterprise and their majority-owned Joint Venture as the funding agency for this project.It is unclear when this donation occurred; '注重节能环保重视本地化发展 曼巴水泥厂成中南产能合作典范' was published in August 2018, so the donation must have come before that time; AidData for now has selected 2018 as the commitment year and checked the commitment_ year_estimated? field.
Sources & References
注重节能环保重视本地化发展 曼巴水泥厂成中南产能合作典范 Focus on energy conservation and environmental protection 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 South Africa
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