China Eximbank provides $218.4 million concessional loan for ICT-Based Distance Learning Project for 5 National Tertiary Education Institutions
Commitment amount
$ 244017716.6516228
Adjusted commitment amount
$ 244017716.65
Constant 2021 USD
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Ghana
Sector
Education (Code: 110)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
According to the Government of Ghana’s Development Cooperation Management Information System (Gh-DCMIS), China Eximbank and the Government of Ghana's Ministry of Education signed a $218,490,000.00 concessional loan agreement for the ICT-Based Distance Learning Project for 5 National Tertiary Education Institutions on October 30, 2020. The borrowing terms of the loan are unknown. The purpose of the project is to provide technical solutions that connect the satellite campuses of covered public universities and Centre for National Distance Learning and Open Schooling (CENDLOS) to the nearest Vodafone Fiber Connection Node to build up a distance learning and internal university network. The Gh-DCMIS identifies the project’s originally expected commencement and completion dates as October 30, 2020 and October 31, 2025, respectively.
Additional details
1. The Loan/Grant Code in the Government of Ghana’s Development Cooperation Management Information System (Gh-DCMIS) is CN-2020-02. 2. The Project Identification Number in the Government of Ghana’s Development Cooperation Management Information System (Gh-DCMIS) is GHA/000814. 3. It is unclear whether the ICT-based distance learning initiatives described in Source ID#170235, 170236, and 170237 are linked to this project; therefore, AidData has not coded any of the articles' mentioned implementing organizations.
Number of official sources
4
Number of total sources
7
Details
Cofinanced
No
Direct receiving agencies [Type]
Ghana Ministry of Education [Government Agency]