Project ID: 92600

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

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2020-10-30

Planned start

2020-10-30

Planned complete

2025-10-31

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

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Details

Cofinanced

No

Direct receiving agencies [Type]

Ghana Ministry of Education [Government Agency]

Loan Details

Bilateral loan

Investment project loan