Project ID: 2106

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

Commitment amount

$ 1844820.272011916

Adjusted commitment amount

$ 1844820.27

Constant 2021 USD

Summary

Funding agency [Type]

China Development Bank (CDB) [State-owned Policy Bank]

Recipient

Ghana

Sector

Education (Code: 110)

Flow type

Loan

Level of public liability

Unallocable

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2011-11-05

Geography

Description

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.

Number of official sources

1

Number of total sources

7

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Details

Cofinanced

No

Direct receiving agencies [Type]

China Europe International Business School (CEIBS), Private Sector [Miscellaneous Agency Type]

Loan Details

Bilateral loan

Investment project loan