China Eximbank pledges $12 million to Ghana for an unspecified set of projects

$12M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Ghana
Country	Ghana
Start Date	Jan 01, 2010
End Date	Feb 28, 2027
Duration	6,267 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`2008`

Grant Description

In 2010, the Export-Import Bank of China agreed in principle to provide a $12 million USD to the Government of Ghana for a selection of projects specifically requested by Ghana's president. It is unclear if this pledge ever resulted in an official loan commitment.

📚 Sources & References

China National Petroleum Ghana open line for project financing
FACTBOX-Chinese money to fund Ghana's energy, infrastructure
Ghana: An Incomplete Independence Or a Dysfunctional Democracy?, http://global.factiva.com/aa/?ref=LBA0000020101026e6aq000vc&pp=1&fcpil=en&napc=S&sa_from= 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.