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
Visa says premium cards already widely adopted in Senegal Training aims to help banks better target and serve high-end clients Strategy focuses on...
71% of consumers say lending rates remain non-competitive across African markets. Over 54% of respondents cite a lack of transparency on interest...
Pilot to expand SME financing via crowdfunding Project introduces crowdlending, investing to address limited bank credit FOGEC to guarantee...
Lomé hosts conference on expanding insurance access for low-income groups Stakeholders discuss microinsurance solutions for informal and rural...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
03

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
04

ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...

ECOWAS, China Discuss Cooperation on West Africa Power Projects Under $36.39B Plan
05

South Africa pushes faster oil, gas exploration despite legal challenges Environmental groups’ co...

South Africa pushes offshore drilling despite environmental legal challenges
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.