Project ID: 92435
ZTE provides $18 million supplier’s credit to ZESCO for unspecified purpose
Commitment amount
$ 20224163.020718507
Adjusted commitment amount
$ 20224163.02
Constant 2021 USD
Summary
Funding agency [Type]
ZTE Corporation [State-owned Company]
Recipient
Zambia
Sector
Unallocated/unspecified (Code: 998)
Flow type
Loan
Level of public liability
Other public sector debt
Infrastructure
No
Category
Project lifecycle
Description
In 2019, ZTE Corporation disbursed $18 million through a short-term supplier’s credit agreement to Zambia Electricity Supply Corporation (ZESCO) Limited — Zambia’s state-owned power company — for an unspecified purpose/project.
Additional details
Number of official sources
1
Number of total sources
2
Details
Cofinanced
No
Direct receiving agencies [Type]
Zambia Electricity Supply Corp. (ZESCO) [State-owned Company]