Chinese state-owned joint venture Sunon Asogli Power (Ghana) Ltd. donates USD $100,000 as COVID-19 relief to the Government of Ghana
Commitment amount
$ 111683.7002387399
Adjusted commitment amount
$ 111683.7
Constant 2021 USD
Summary
Funding agency [Type]
China-Africa Development Fund (CADFund) [State-owned Fund]
Shenzhen Energy Group Company Ltd. [State-owned Company]
Recipient
Ghana
Sector
Health (Code: 120)
Flow type
Grant
Infrastructure
No
COVID
Yes
Category
Project lifecycle
Description
On March 29, 2020, the Chinese state-owned joint venture, Sunon Asogli Power (Ghana) Ltd. and Africa World Airlines (AWA) donated $200,000 USD to the Government of Ghana as COVID-19 relief aid. Each organization donated $100,000 USD. Sunon Asogli Power (Ghana) Ltd. in Ghana is one of the largest Chinese-funded projects in Ghana, generating 20%-25% of Ghana's total electricity supply and making great contributions to Ghana's economic and social development and improvement of people's living standards. Sunon Asogli Power (Ghana) Limited is jointly owned by Shenzhen Energy Group (60%) and the China Africa Development Fund (40%). It is the first successful Independent Power Producer (IPP) in Ghana.
Number of official sources
2
Number of total sources
3
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Ghana [Government Agency]
Implementing agencies [Type]
Sunon Asogli Power (Ghana) Ltd. [Joint Venture/Special Purpose Vehicle]