Project ID: 91

China Eximbank provides $7.91 million buyer’s credit for GSM Mobile Telecommunication Network Project

Commitment amount

$ 18016228.284123294

Adjusted commitment amount

$ 18016228.28

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Burundi

Sector

Communications (Code: 220)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2004-01-01

Actual start

2005-06-01

Actual complete

2006-08-04

Geography

Description

In 2004, China Eximbank and the Government of Burundi signed a $7.91 million buyer’s credit loan agreement for Phase 1 of a GSM Mobile Telecommunication Network Project. This loan has a 7 year maturity. The proceeds from this loan agreement were used to fund ONATEL’s service contract with Huawei Technologies. The agreement was guaranteed by the African Trade Insurance Company (AFT). Office national des télécommunications du Burundi (ONATEL) is the country’s state-owned telecommunications operator. The purpose of this project was to extend the country’s mobile telecommunication network from 30,000 lines/users to 60,000 lines/users and it was implemented in three phases. Phase 1 of the project focused on the capital city of Bujumbura. Phase 1 of the project began in June 2005 and it was completed on August 4, 2006. All phases of the project were completed by November 2014.

Additional details

1. The Chinese project title is 布隆迪GSM移动通讯项目 or 的布隆迪国家电讯公司GSM 6万线移动通讯项目. 2. One source indicated that the project was initially going to be funded through an export seller’s credit but it was ultimately funded through an export buyer’s credit. The buyer’s credit loan that supported this project is omitted from the SAIS-CARI database of Chinese loan commitments that was released in July 2020.

Number of official sources

12

Number of total sources

14

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Burundi [Government Agency]

Implementing agencies [Type]

Government of Burundi [Government Agency]

Office national des télécommunications du Burundi (ONATEL) [State-owned Company]

Huawei Technologies Co., Ltd. [Private Sector]

Guarantee provider [Type]

African Trade Insurance Corporation (AFT) [Private Sector]

Loan Details

Maturity

7 years

Bilateral loan

Export buyer's credit

Investment project loan