Overview

Chinese Government provides RMB 250 million grant — via ETCA — for Youth Center Project

Commitments (Constant USD, 2023)$42,040,331

Commitment Year•2013Country of Activity•Sierra LeoneDirect Recipient Country of Incorporation•Sierra LeoneSector•EducationFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Feb 22, 2013

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

China Ministry of Commerce

Receiving agencies

Government Agencies

Government of Sierra Leone

Loan desecription

Chinese Government provides RMB 250 million grant — via ETCA — for Youth Center Project

Narrative

Full Description

Project narrative

On February 22, 2013, the President of Sierra Leone, Ernest Bai Koroma, announced that China granted 250 million RMB to Sierra Leone for development projects, according to Awoko News. China Daily, People's Daily, and Alibaba report that this amount is part of an Economic and Technical Cooperation Agreement (ETCA) and that the government of Sierra Leone plans to use the 250 million Yuan to build a a training center for young people.

Staff comments

1. Awoko reports a RMB 250 million grant announced after President Koroma's visit to China from June 24-July 1, 2013. The RMB 250 million is approximately equivalent to $30 million USD, and the article lists support for the youth center, so they are assumed to be the same grant.