Chinese Government provides RMB 100 million grant — via ETCA — for unspecified purposes (Linked to Record ID#30109)

¥100M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Ethiopia
Country	Ethiopia
Start Date	Jan 22, 2012
End Date	Jun 27, 2031
Duration	7,096 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`96144`

Grant Description

On January 22, 2012, the Chinese Government and the Government of Ethiopia signed a framework agreement for an RMB 100 million interest-free loan.

Then, on January 28, 2022, the Chinese Government and the Government of Ethiopia signed an Economic and Technical Cooperation Agreement (ETCA), which committed an RMB 100 million (ETB 273,159,722) interest-free loan and an RMB 100 million (ETB 273,159,722) grant to the Government of Ethiopia for unspecified purposes.

📋 Loan / Grant Terms

💰 Loan Amountare as follows: 20-year maturity

📅 Maturity20 years

⏳ Grace Period10 years

💹 Interest Rate0%

According to the Government of Ethiopia’s Aid Management Platform (AMP), neither the loan nor the grant had disbursed as of April 2022.

📋 Staff Comments

The AMP system identification number for the loan is 87143124101636.
The AMP system identification number for the grant is 87143124101635.

📚 Sources & References

Agreement on Economic Technical cooperation interest free loan
Agreement on Economic and T echnical Grant 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.