China Eximbank pledges $30 million USD export buyer’s credit for Phase 1 of Mobile Phone Network Project
Constant 2017 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Funding agency [Type]
Export-Import Bank of China [State-owned Policy Bank]
Communications (Code: 220)
Export Buyer's Credit
In August 2006, ZTE Corporation signed a $30 million USD contract with a domestic telecom operator in Cote D'Ivoire for Phase 1 of the Mobile Phone Network Project (see FMPRC article). That same year, China Eximbank reportedly pledged to provide a $30 million USD export credit loan to finance this commercial contract (see 'Africa ICT Infrastructure,' p. 241; 'Africa Research Bulletin,' PDF p. 23). China Export & Credit Insurance Corporation (Sinosure) provided insurance on this loan (see MOFCOM article). It is unclear whether these funds were ever disbursed. This project involved the creation of a mobile phone network in Abidjan and some adjacent areas. It is unclear whether implementation ever began.
In the database of Chinese loan commitments that it released in July 2020, SAIS-CARI does not record a loan commitment for this project.Because there is no evidence of China Eximbank ever signing a final financing agreement, the status is coded as pledge.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Government of Côte d'Ivoire (Ivory Coast) [Government Agency]
Implementing agencies [Type]
ZTE Corporation [State-owned Company]
Accountable agencies [Type]