Loading…

Loading grant details…

Active Development AidData Chinese Aid

China Eximbank provides RMB 198.4 million government concessional loan for Rwanda Smart Education Project

¥198.5M RMB

Funder Export-Import Bank of China (China Eximbank)
Recipient Organization Government of Rwanda
Country Rwanda
Start Date Feb 22, 2022
End Date Nov 25, 2027
Duration 2,102 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 92705
Grant Description

China Eximbank provides RMB 198.4 million government concessional loan for Rwanda Smart Education Project On December 16, 2021, the Chinese Government and the Government of Rwanda signed a preferential loan framework agreement for the Rwanda Smart Education Project.

Then, on February 22, 2022, China Eximbank and the Government of Rwanda signed an RMB 198,498,000 government concessional loan (GCL) agreement [CHINA EXIMBANK GCL NO. 2021 (46) TOTAL NO. (746)] for the Rwanda Smart Education Project.

📋 Loan / Grant Terms
📅 Maturity20 years
⏳ Grace Period6.5 years
💹 Interest Rate2%

The borrower is expected to use loan proceeds to finance a $30,000,000 commercial contract (number 0Y06462000000E) between the Ministry of Education of Rwanda and Huawei Technologies Co., Ltd., which was signed on November 11, 2020 and amended on August 16, 2021.

The project will seek to build a dedicated education network connecting 63 higher education institutions and 1,437 primary and secondary schools as well as expand the education data center for Rwanda, and will also build campus networks for 1437 primary and secondary schools. Huawei Technologies Co., Ltd. is the contractor responsible for project implementation.

On March 26, 2024, the Ministry of Education launched the Rwanda Smart Education Network at the University of Rwanda's Gikondo campus.

As of November 2024, the project had connected 1,260 out of the 1,500 sites (84%), 114 out of 120 aggregation sites (95%), and 2,133 out of the goal of 2,180 kilometers of fibre coverage (98%).

📋 Staff Comments
  1. The China Eximbank loan (GCL) agreement can be accessed in its entirety via https://www.dropbox.com/s/y9jnisxa7isykkb/rw-government-gazette-dated-2022-05-18-no-Special.pdf?dl=0.
  2. The Chinese project title is 卢旺达智慧教育项目.
📚 Sources & References
  • AFRICAN GATEWAY: RWANDA AND CHINA’S DIGITAL SILK ROAD
  • Chairman Wu Fulin Conducts Business Investigations in Rwanda
  • CHINA INJECTS $30M INTO RWANDA’S SMART EDUCATION PROJECT
  • Chinese Ambassador Rao Hongwei and Minister of Finance and Economic Planning of Rwanda Signed Framework Agreement of Smart Education Project
  • FEATURED: Education ministry
  • Huawei roll out fast, affordable internet for schools
  • Rwanda Government Gazette 5/18/2022
  • Rwanda: Smart Education Project - Mineduc to Establish Education
  • Research Network for Sustainable School
  • University Connectivity
  • Rwanda’s smart education project to receive Rwf30 billion financing boost
  • SMART EDUCATION PROJECT TO RECEIVE FRW 30 BILLION FINANCING BOOST
  • Smart Education Project(SEP) for AFFORDABLE & RELIABLE CONNECTIVITY 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 Rwanda

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