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
Membership grants access to project finance, equity, and risk tools Move supports Horizon 2035 plan to diversify beyond hydrocarbons Equatorial...
Safaricom raises 20B KES in oversubscribed bond, beating 15B KES target Investor demand hit 41.4B KES; five-year bonds yield 10.4% annually Bond...
Belife Insurance joins Gozem’s Series B round to grow its digital footprint Partnership aims to deliver simple, accessible insurance through...
World Bank opens first resident representation in Malabo, led by economist Juan Diego Alonso. Mandate focuses on inclusive growth, private-sector...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6%...

WAEMU Bloc Holds Rates Steady as Growth Hits 6.6%
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.