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Overview

China Eximbank provides $218.4 million concessional loan for ICT-Based Distance Learning Project for 5 National Tertiary Education Institutions

Commitments (Constant USD, 2023)$225,423,523
Commitment Year•2020Country of Activity•GhanaDirect Recipient Country of Incorporation•GhanaSector•EducationFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Oct 30, 2020
Start (planned)
Oct 30, 2020
End (planned)
Oct 31, 2025

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

  • Ghana Ministry of Education

Loan description

China Eximbank provides $218.4 million concessional loan for ICT-Based Distance Learning Project for 5 National Tertiary Education Institutions

Interest type•Unknown

Narrative

Full Description

Project narrative

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.

Staff comments

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.