Project ID: 21604

Chinese Government commits $7.4 million in funding — through an ETCA — for unspecified activities

Commitment amount

$ 9794418.076

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.

Umbrella project

This project is classified as an "umbrella" project, and is connected to related projects.

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Ghana

Sector

Unallocated/unspecified (Code: 998)

Flow type

Vague TBD

Concessional

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (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 year

2008

Description

On 3 September 2008, Ghanaian President Kufuor signed a series of seven agreements with China. Ghanaian Finance Minister Kwadwo Baah Wiredu and Chinese Deputy Minister of Commerce Fu Ziying initiated for their respective countries. An economic and technical cooperation agreement (ETCA) worth $7.4 million for was signed. The projects will be determined by the two governments. This agreement does not appear to be tied. Among the other agreements were another $7.4 million USD agreement (project #1878), a $270 million USD concessional loan for the Bui Hydro Power Dam, a $292 million USD agreement for the dam also from the Exim Bank of China, and an $8.2 million agreement for an ICT based distance learning program at the University of Ghana. China is also providing Ghana 250,000 dollars for Anti Malaria Drugs.

Number of official sources

1

Number of unofficial sources

2

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Ghana [Government Agency]