Chinese Government provides FCFA 26.34 billion loan for Rural Emergency Electrification Program
Commitment amount
$ 108308127.15064077
Adjusted commitment amount
$ 108308127.15
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Senegal
Sector
Energy (Code: 230)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
On September 30, 2005, the Chinese Government and the Government of Senegal signed a loan agreement worth FCFA 26.34 billion for the Rural Emergency Electrification Program. The purpose of this program was to extend the low voltage network to poorly electrified and poorly served villages; electrify 282 villages with 1000 inhabitants or more; and provide solar electrification to 3,000 households in 900 villages with fewer than 500 inhabitants. It was undertaken in the following locations: Diourbel, Fatick, Kaolack, Kolda, Louga, Matam, St. Louis, Tambacounda, Thies and Ziguinchor. Senegal's Rural Electrification Agency (ASER) was responsible for the implementation of the Rural Emergency Electrification Program. According to the Government of Senegal’s External Financing Management Platform (la Plateforme de Gestion des Financements Extérieurs du Sénégal, or PGFE), the project was completed but the Chinese Government only disbursed approximately 10% of its original loan commitment value (2.68 billion CFA). This loan disbursement was made on December 30, 2013.
Additional details
1. The French project title is Programme National d'Urgence d'Électrification Rurale. 2. The loan commitment that supported this project is omitted from the SAIS-CARI database of Chinese loan commitments released in July 2020. AidData includes this loan commitment in its database because it is recorded as an official loan commitment (that disbursed) in the Government of Senegal’s External Financing Management Platform.
Number of official sources
4
Number of total sources
4
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Senegal [Government Agency]
Implementing agencies [Type]
Senegalese Rural Electrification Agency (ASER) [Government Agency]
Government of Senegal [Government Agency]