Chinese Government provides RMB 200 million interest-free loan for unspecified purposes in September 2018

¥200M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Sudan
Country	Sudan
Start Date	Sep 01, 2018
End Date	Nov 02, 2026
Duration	2,984 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`87113`

Grant Description

Chinese Government provides RMB 200 million interest-free loan for unspecified purposes in September 2018 In September 2018, during the Forum on China-Africa Cooperation, the Chinese Ministry of Commerce and the Government of Sudan signed an RMB 200 million ($29 million) interest-free loan agreement for unspecified purposes.

It is unclear whether these funds were ever disbursed and for what purpose(s).

📋 Staff Comments

In September 2018, the Chinese Government and the Government of Sudan also signed an RMB 400 million grant agreement.
The maturity length and grace period of the interest-free loan are unknown. For the time being, AidData assumes that standard MOFCOM borrowing terms (20-year maturity, 10-year grace period) apply. This issue warrants further investigation.

📚 Sources & References

SAIS-CARI Loans China
中非合作论坛：中国再派大礼债务和贪腐问题顾虑依旧, 9月3日两苏要闻【第490期】中国承诺向苏丹提供8800万美元贷款
Sudan to get $88 million in loans and grants from China 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.