Project ID: 975

China Eximbank provides a RMB 220 million loan for the CDMA Transmission Project

Commitment amount

$ 41984493.81

Constant 2017 USD

Summary

Funding agency [Type]

Export-Import Bank of China [State-owned Policy Bank]

Recipient

Togo

Sector

Communications (Code: 220)

Flow type

Loan

Concessional

Yes

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2009

Completion

2012

2012-06-01

Actual

Description

On May 15, 2009, the Export-Import Bank of China, Togo Telecom, and the Togolese Ministry of Economy and Finance signed a RMB 220 million (CFA 15 billion or $31.7 million) preferential loan agreement for the CDMA Transmission Project (see '中国进出口银行与多哥电信签署贷款协议).The proceeds of the loan were to be used by the borrower to acquire, install and use telecommunication equipment, allowing Togo Telecom expand the coverage of its 'Illico' telephone network. Using the Radio Local Loop, 'Illico', a hybrid telephone that used a fixed wireless terminal and mobile line at the same time, was offered to customers at prices lower than those of GSM; the phone, when connected to a computer, provides Internet access to that computer opposed to customers a hybrid telephone that uses a fixed wireless terminal and mobile line at the same time at prices that are lower than those of the Global System for Mobile Communications (GSM) (see 'Chinese bank grants Togo telecom 31m-dollar loan to boost hybrid phone network'). Huawei Technologies Co., Ltd. was contracted to implement the project (see '中国进出口银行与多哥电信签署贷款协议').The project passed final acceptance in June 2012. Upon completion of the project, it was expected that Togo Telecom would transition from a wireless fixed network to a full mobile network and its core network capacity would increase from 200,000 to 500,000. It was also expected that the wireless capacity would increase from 150,000 to 300,000, and city coverage would increase from 21 to 45 (see: ''华为技术公司多哥分公司--履行社会责任,依法照章纳税'').

Additional details

The Chinese project title is 多哥电信CDMA和传输项目. Some sources suggest that the face value of the loan is RMB 200 million rather than RMB 220 million. AidData, for the time being, has based its coding on a MOFCOM source ('中国进出口银行与多哥电信签署贷款协议') that identifies the face value as RMB 220 million. This issue merits further investigation.

Number of official sources

4

Number of unofficial sources

7

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Togo Cellulaire [State-owned Company]

Implementing agencies [Type]

Huawei Technologies Co., Ltd. [Other]; Togo Ministry of Economy and Finance [Government Agency]; Togo Telecom [State-owned Company]

Loan type

Concessional

Gurarantee provided

No

Insurance provided

No