Overview

China Development Bank provides $1.5 million loan to build Africa Program of China Europe International Business School (CEIBS)

Commitments (Constant USD, 2023)$1,704,746

Commitment Year•2011Country of Activity•GhanaDirect Recipient Country of Incorporation•China (People's Republic of)Sector•EducationFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Nov 5, 2011

Geospatial footprint

Map overview

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The purpose of this project was to fund the construction of the China Europe International Business School (CEIBS), Accra, Ghana. More detailed locational information can be found at: https://www.openstreetmap.org/relation/12803764

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 Policy Banks

China Development Bank (CDB)

Receiving agencies

Private Sector

China Europe International Business School (CEIBS)

Loan description

China Development Bank provides $1.5 million loan to build Africa Program of China Europe International Business School (CEIBS)

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2011, the China Development Bank signed a $1.5 million loan agreement with the China Europe International Business School to help it build an “Africa Program” in Ghana. This program was designed to improve the management capabilities of African companies. The implementation status of this project is unknown. CEIBS was established under an agreement between the Chinese government and the European Commission in Shanghai in November 1994. It was the first business school in mainland China to offer a full-time MBA, an Executive MBA and a wide range of Executive Education program. CEIBS follows the European model of business schools and its MBA program has consistently ranked amongst the best in the world. In May 2009 CEIBS started an Executive MBA program in Ghana.