Public Management

Côte d'Ivoire secures $50mln BADEA loans to build new hospital

Côte d'Ivoire secures $50mln BADEA loans to build new hospital
Wednesday, 08 September 2021 13:59

Strengthening its healthcare system is a priority for the Ivorian government. In recent years, the country has multiplied projects to build or rehabilitate health centers across the territory. WHO estimated that the money allocated for the sector grew by an average of 16% every year between 2012 and 2016.

Côte d'Ivoire has secured $50mln in loans from the Arab Bank for Economic Development in Africa -BADEA- to build a new University Hospital Center in Abobo, the second biggest commune of Abidjan. A document was signed in that regard last weekend in Khartoum, Sudan, between the Ivorian development minister Kaba Nialé and a representative of the lender.

The Saudi Fund for Development (SFD) also pledged $22.72 million and the Ivorian government itself is investing $23.62 million into the project. This makes a total of $96.34 million to be invested. According to reliable sources, the center will have all medical specialties.

From 2011 to 2019, 271 primary health care facilities were built in the country, 371 others were rehabilitated, 11 regional hospital centers and 45 general hospitals were also restored. On September 19, 2019, Aka Aouélé, who was the health minister, announced that six new regional hospital centers were under construction.

Jean-Marc Gogbeu (intern)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
CEMAC non-performing loans fall to 16.0% in 2025, BEAC says Lending rises 10.7% despite tighter liquidity and higher borrowing costs Growth,...
Investec secures $200 million IFC loan for green housing finance Funds to support eco-buildings, affordable green home loans in South...
“Keur Samba” securitization bonds begin trading on the BRVM Operation backed by NSIA Banque CI and Orabank CI totals CFA52 billion Move aims...
Witti Finances Holding acquired a majority stake in Kajas Microfinance, entering the Senegalese market. The firm rebranded the entity as Witti...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
04

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
05

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.