Overview

Bank of China provides ZAR 4 million for school building reconstruction project in Gauteng

Commitments (Constant USD, 2023)$108,489

Commitment Year•2023Country of Activity•South AfricaDirect Recipient Country of Incorporation•South AfricaSector•EducationFlow Type•Grant

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jun 8, 2023

Start (actual): Jun 8, 2023

Geospatial footprint

Map overview

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Gauteng Province, South Africa.

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned Commercial Banks

Bank of China (BOC)

Receiving agencies

Government Agencies

Government of South Africa

Loan description

Bank of China provides ZAR 4 million for school building reconstruction project in Gauteng

Narrative

Full Description

Project narrative

On June 8th, 2023, a groundbreaking ceremony occurred for the Motshegofadiwa Primary School building project in Gauteng Province, South Africa. The Bank of China Johannesburg branch along with African Bank, donated ZAR 4 million to the South African Adopt-A-School Foundation for the project. The funds went to the construction of 5 new classrooms, to replace mud walled classrooms originally built in 1975. Upon completion, additional donations such as teaching equipment and scholarships are anticipated. Adopt-A-School is a partner entity of the Cyril Ramaphosa Foundation.

Staff comments

1. AidData makes the assumption that both Bank of China and African bank contributed equally, making Bank of China's contribution 2 million rand.