Overview

Chinese Government provides RMB 300 million interest-free loan — via ETCA — for 4 Stadiums Rehabilitation Project (Linked to Record ID#1608)

Commitments (Constant USD, 2023)$45,644,935

Commitment Year•2018Country of Activity•SenegalDirect Recipient Country of Incorporation•SenegalSector•Reconstruction Relief And RehabilitationFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jul 21, 2018

Start (actual): Jun 28, 2022

End (planned): Jun 28, 2025

End (actual): Apr 11, 2025

First repayment (originally scheduled): Jul 18, 2028

Last repayment (originally scheduled): Jul 16, 2038

Geospatial footprint

Map overview

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This project involved the construction or rehabilitation of 11 stadiums all accross Senegal. Kolda Regional Stadium in Kolda, (2) Léopold Sédar Senghor Stadium in Dakar, (3) Caroline Faye Stadium in Mbour, (4) Mawade Wade Stadium in St. Louis, (5) Aline Sitoé Diatta Stadium in Ziguinchor, (6) Lamine Guèye Stadium in Kaolack, (7) Alboury Ndiaye Stadium in Louga, (8) Ely Manel Fall Stadium in Diourbel, (9) Massène Sène Stadium in Fatick, (10) Tambacounda Regional Stadium in Tambacounda, and (11) Matam Regional Stadium in Matam. Kolda Regional Stadium is located in Kolda. More detailed locational information can be found at: https://www.openstreetmap.org/way/745488005 Léopold Sédar Senghor Stadium is located in Dakar. More detailed locational information can be found at: https://www.openstreetmap.org/relation/2501840 Caroline Faye Stadium is located in Mbour. More detailed locational information can be found at: https://www.openstreetmap.org/way/733454429 Mawade Wade Stadium is located in St. Louis. More detailed locational information can be found at: https://www.openstreetmap.org/relation/5957786 Aline Sitoé Diatta Stadium is located in Ziguinchor. More detailed locational information can be found at: https://www.openstreetmap.org/way/201952213 Lamine Guèye Stadium is located in Kaolack. More detailed locational information can be found at: https://www.openstreetmap.org/way/200857136 Alboury Ndiaye Stadium is located in Louga. More detailed locational information can be found at: https://www.openstreetmap.org/way/316471472 Ely Manel Fall Stadium is located in Diourbel. More detailed locational information can be found at: https://www.openstreetmap.org/way/363345789 Massène Sène Stadium is located in Fatick. More detailed locational information can be found at: https://www.openstreetmap.org/way/231243529 Tambacounda Regional Stadium is located in Tambacounda. More detailed locational information can be found at: https://www.openstreetmap.org/way/322268828 Matam Regional Stadium is located in Matam. More detailed locational information can be found at: https://www.openstreetmap.org/way/451800647

Stakeholders

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

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

Government Agencies

China Ministry of Commerce

Receiving agencies

Government Agencies

Government of Senegal

Loan description

Chinese Government provides RMB 300 million interest-free loan — via ETCA — for 4 Stadiums Rehabilitation Project

Grace period•10 yearsGrant element•75.0516%Interest rate (t₀)•0%Interest type•Fixed Interest RateMaturity•20 years

Narrative

Full Description

Project narrative

On July 21, 2018, the Chinese Government and the Government of Senegal signed an economic and technical cooperation agreement (ETCA), which committed an RMB 300 million interest-free loan for the Sports Infrastructure Rehabilitation and Technical Cooperation Project. The purpose of this project is to support the rehabilitation and maintenance of 11 stadiums: (1) Kolda Regional Stadium in Kolda, (2) Léopold Sédar Senghor Stadium in Dakar, (3) Caroline Faye Stadium in Mbour, (4) Mawade Wade Stadium in St. Louis, (5) Aline Sitoé Diatta Stadium in Ziguinchor, (6) Lamine Guèye Stadium in Kaolack, (7) Alboury Ndiaye Stadium in Louga, (8) Ely Manel Fall Stadium in Diourbel, (9) Massène Sène Stadium in Fatick, (10) Tambacounda Regional Stadium in Tambacounda, and (11) Matam Regional Stadium in Matam. A launching ceremony for these projects was held on June 28, 2022 at the Leopold Cedar Senghor Stadium in Dakar, Senegal. The project was completed on April 11, 2025.

Staff comments

1. The French project title is Réhabilitation 4 stades et assistance technique 7 stades et divers projets. 2. The borrowing terms of the loan are unknown. For the time being, AidData assumes that the standard borrowing terms of an interest-free loan from MOFCOM apply (0% interest rate, 20 year maturity, and 10 year grace period). 3. In March 2006, the Chinese Government and the Government of Senegal signed an RMB 300 million grant agreement (captured via Record ID#1608) for a Sports Infrastructure Construction and Rehabilitation Project. This project involved the construction or rehabilitation of 11 stadiums: (1) Kolda Regional Stadium in Kolda, (2) Léopold Sédar Senghor Stadium in Dakar, (3) Caroline Faye Stadium in Mbour, (4) Mawade Wade Stadium in St. Louis, (5) Aline Sitoé Diatta Stadium in Ziguinchor, (6) Lamine Guèye Stadium in Kaolack, (7) Alboury Ndiaye Stadium in Louga, (8) Ely Manel Fall Stadium in Diourbel, (9) Massène Sène Stadium in Fatick, (10) Tambacounda Regional Stadium in Tambacounda, and (11) Matam Regional Stadium in Matam. 4. Some sources suggest that this project was financed with an RMB 300 million grant rather than an RMB 300 million interest-free loan. This issue warrants further investigation.