ZTE provides $18 million supplier’s credit to ZESCO for unspecified purpose

$18M USD

Funder	ZTE Corporation (formerly Zhongxing Telecommunication Equipment Corporation)
Recipient Organization	Zambia Electricity Supply Corp. (ZESCO)
Country	Zambia
Start Date	Jan 01, 2019
End Date	Mar 12, 2031
Duration	4,453 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`92435`

Grant Description

ZTE provides $18 million supplier’s credit to ZESCO for unspecified purpose In 2019, ZTE Corporation disbursed $18 million through a short-term supplier’s credit agreement to Zambia Electricity Supply Corporation (ZESCO) Limited — Zambia’s state-owned power company — for an unspecified purpose/project.

📚 Sources & References

2019 Integrated Report
Zambia’s Chinese Debt in the Pandemic Era - Briefing Paper 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.