Chinese Government provides RMB 30 million interest-free loan through an ETCA for unspecified cultural, sports, agricultural, and health projects
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.
This project is classified as an "umbrella" project, and is connected to related projects.
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Other multisector (Code: 430)
In January 2010, the Chinese Government and the Government of Senegal signed an Economic and Technical Cooperation Agreement (ETCA) and China, which committed an RMB 30 million interest-free loan for an unspecified set of projects related to cultural, sports, agricultural, and health. The loan carried the following terms: 0% interest rate, 15 year grace period, and 25-year maturity. The loan repayment period is December 1, 2024 and November 30, 2034. The ETCA was signed by the Senegalese Minister for International Cooperation, Karim Wade, and Chinese Ambassador to Senegal, Gong Yanxing.
This project may be linked to Project ID#1946, which was a 2009 agreement between Senegal and China to 'provide Senegal with $11.5 million USD in aid for sports, cultural, and sanitation projects.' However, the link between these projects is unconfirmed.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Government of Senegal [Government Agency]