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China Eximbank provides RMB 560 million government concessional loan for Smart Burkina Faso Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Burkina Faso Minister of Security |
| Country | Burkina Faso |
| Start Date | Sep 29, 2020 |
| End Date | Dec 26, 2031 |
| Duration | 4,105 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 86748 |
Grant Description
China Eximbank provides RMB 560 million government concessional loan for Smart Burkina Faso Project On September 29, 2020, China Eximbank and the Government of Burkina Faso’s Ministry of Security signed an RMB 560 million government concessional loan (GCL) agreement [CHINA EXIMBANK GCL NO (2020) 7 TOTAL NO (699)] for the Smart Burkina Faso Project.
The borrower is expected to used the proceeds of the loan to finance a $80 million (CFA 52,301,810,024) commercial contract (ID# 0Y08541900000) between Burkina Faso's Ministry of Security, Huawei Technologies Co, Ltd and China International Telecommunication Construction Corporation.
The purpose of the project is to establish a 650 kilometer fiber optic backbone network that connects various cities and localities in Burkina Faso, establish a 150 kilometer fiber optic network that connects other cities and localities in Burkina Faso, and strengthen public security by installing 900 surveillance cameras and 300 video surveillance sites.
Huawei Technologies Co, Ltd and China International Telecommunication Construction Corporation are the contractors responsible for project implementation.
The project officially commenced on July 8, 2021 and it was originally expected to reach completion within 54 months (January 8, 2026).
Staff Comments
1. The French project title is Projet Smart Burkina Faso. The Chinese project title is “智慧布基纳法索”项目 or 智慧布基纳法索.
Sources & References
- Burkina Faso : 2018 Article IV Consultation; First Review Under the Extended Credit Facility Arrangement; Request for Waiver for Nonobservance of a Performance Criterion, and Modification of a Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso
- Burkina Faso : Lancement du projet 'SMART Burkina' pour lutter contre l'insécurité et la criminalité
- Burkina Faso/Fight against urban delinquency: Maxime Koné launches the SMART Burkina project
- 中国进出口银行融资支持的“智慧布基纳法索”项目开工
- Chinese tech, ignored by the West, is taking over Africa's cyberspace
- Décision no 2020-02llCC sur la conformité à la Constitution de la Convention de prêt concessionnel no China Eximbank GCL no (2020) 7 Total no (699) relative au Projet Smart Burkina Faso
- DRS Official Commitments from China through 2020
- PORTANT AUTORISATION DE RATIFICATION DE LA CONVENTION DE PRET CONCLUE LE 29 SEPTEMBRE 2020 ENTRE LE BURKINA FASO ET LA REPUBLIQUE POPULAIRE DE CHINE (RPC)
- 驻布基纳法索大使李健拜会布总理达比雷
- 中国进出口银行智慧布基纳法索项目选聘律所项目变更公告（第二次）
- LUTTE CONTRE LA CRIMINALITÉ ET LA DÉLINQUANCE URBAINE : SMART BURKINA
- L’ŒIL ET L’OREILLE DES FDS
- Conseil des ministres du 07 octobre 2020 : EXIMBANK CHINE finance le projet SMART BURKINA.
- Lieux stratégiques : les députés approuvent la surveillance vidéo
- Sécurité national : l’Assemblée nationale approuve la vidéo surveillance
- Bulletin Statistique de la Dette Numero 3
- IDS_Average interest on new external debt commitments
- Rapport de Performance A Miparcours 2023 de la Politique Nationale de Developpement 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
Burkina Faso Minister of Security
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