• About
  • Become a Climate Reporter
  • Send Us Your Report
  • Submit A News
  • Support Us
  • Privacy Policy
  • Contact Us
Thursday, May 8, 2025
NEWSLETTER
Africa Climate Reports
No Result
View All Result
  • HOME
  • CLIMATE CHANGE
  • SUSTAINABLE DEVELOPMENT
  • FOOD
  • FOREST
  • ENERGY
  • WASH
  • LAND
  • OTHERS
    • FINANCE
    • HEALTH
    • OCEANS
    • TOP STORIES
    • MOST POPULAR
    • COLUMNISTS
    • INTERVIEWS
    • OPINIONS
    • PHOTOS
    • VIDEOS
Africa Climate Reports
  • HOME
  • CLIMATE CHANGE
  • SUSTAINABLE DEVELOPMENT
  • FOOD
  • FOREST
  • ENERGY
  • WASH
  • LAND
  • OTHERS
    • FINANCE
    • HEALTH
    • OCEANS
    • TOP STORIES
    • MOST POPULAR
    • COLUMNISTS
    • INTERVIEWS
    • OPINIONS
    • PHOTOS
    • VIDEOS
No Result
View All Result
Africa Climate Reports
No Result
View All Result

AfDB: How ECOWAS Countries can improve Health Sector Funding

by Jiata Ekele
November 16, 2021
in HEALTH, TOP STORIES
0
Home HEALTH
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter
AfDB: How ECOWAS Countries can improve Health Sector Funding – photo: Akinwunmi Adesina AfDB president at G7 summit in France

The African Development Bank Group (AfDB) says investment in healthcare by the Economic Community of West African States (ECOWAS) must be tailored to meet the needs of the populace.

Akinwumi Adesina, president of AfDB, spoke on Friday at the 22nd ordinary session of the assembly of ECOWAS health ministers.

Adesina was represented by Beth Dunford, vice-president for agriculture, human and social development at the AfDB.

He called for investments in health infrastructure from the private sector, development finance institutions and diaspora groups.

RelatedPosts

Beninese Rice Farmers hail Climate Resilience and Regenerative Agriculture at Mega Field Day

South Sudan shuts schools for two weeks after students collapse due to extreme heat

“The portfolio will include investment projects, results-based financing, risk-sharing instruments to leverage private sector resources, debt and equity investments in private companies and promotion of innovative sources of finance, such as diaspora funds,” he said.

“Filling the financing gap for health infrastructure will require mobilising finances from the private sector, development finance institutions and diaspora groups.

“Across Africa, only 10 to 20 per cent of investment in health service delivery infrastructure is mobilised by the private sector, due largely to high levels of investment risk.

“The limited coverage of health insurance and the dominance of out-of-pocket expenditure in health financing also make it more difficult for investors to secure a financial return.

“As a result, private sector investments in health infrastructure have been concentrated in brownfield investment to expand existing hospitals.”

Adesina said there is potential for mobilising funding from diaspora communities and associations, either directly or through instruments such as diaspora bonds.

“Since the late 1980s, India has used fiscal and non-fiscal incentives to stimulate diaspora investment in health services and nine of the top 15 hospitals in India have been set up through such investments,” he said.

“We draw on our core expertise in infrastructure development and working with other development partners in support of national health system, strengthening plans and in support of enhancing African health system resilience.

“Input from ministers in the bank’s 54 regional member countries, development partners and civil society is expected to strengthen the bank’s strategy for quality health infrastructure in Africa.”

Adesina said COVID-19 is not fully out of the way but a focus on health systems and infrastructure for inclusive economic growth is crucial.

Tags: AfricaAfrican Development Bank (AfDB)Akinwumi AdeshinaECOWASHealthinvestments
ShareTweetSendShare
Jiata Ekele

Jiata Ekele

Jiata Ekele is a Staff Writer at the Africa Climate Reports (ACR).

Related Posts

Beninese Rice Farmers hail Climate Resilience and Regenerative Agriculture  at Mega Field Day
Atâyi Babs LIVE!

Beninese Rice Farmers hail Climate Resilience and Regenerative Agriculture at Mega Field Day

April 22, 2025

An expert displaying how decarbonisation practices reduce biogenic methane from rice cultivation By Atayi Babs Food and agricultural systems are...

South Sudan shuts schools for two weeks after students collapse due to extreme heat
CLIMATE CHANGE

South Sudan shuts schools for two weeks after students collapse due to extreme heat

February 26, 2025

Copyright AP Photo Brian Inganga Many schools in South Sudan have makeshift structures and no electricity for cooling systems. South...

Next Post
Nucléaire, voiture électrique et énergies renouvelables : fausses idées et idées reçues

Nucléaire, voiture électrique et énergies renouvelables : fausses idées et idées reçues

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Beninese Rice Farmers hail Climate Resilience and Regenerative Agriculture  at Mega Field Day

Beninese Rice Farmers hail Climate Resilience and Regenerative Agriculture at Mega Field Day

2 weeks ago
Only seven countries met WHO air quality standards in 2024, data shows

Only seven countries met WHO air quality standards in 2024, data shows

2 months ago
South Sudan shuts schools for two weeks after students collapse due to extreme heat

South Sudan shuts schools for two weeks after students collapse due to extreme heat

2 months ago
‘Surrounded by an Ocean of Sand’: Desertification pushes Ancient City to the brink of oblivion

‘Surrounded by an Ocean of Sand’: Desertification pushes Ancient City to the brink of oblivion

2 months ago
UN urges immediate Climate Action to cool “Season of Fire and Floods” Worldwide

Botswana flash floods kill seven, displace thousands

2 months ago
Radio’s commanding power in Climate Change Mitigation and Adaptation

Radio’s commanding power in Climate Change Mitigation and Adaptation

3 months ago

Popular News

    Social Media

    ABOUT US

    Africa Climate Reports is Africa’s first and largest bilingual journal dedicated to opening new vistas in the coverage and reportage of climate change and the region’s environment. With a multi-lingual team of talented reporters from across the continent, we tell the African climate story in a refreshingly lucid, communally engaging and technically robust manner.

    SITE LINK

    • About
    • Advertise
    • Careers

    OTHER LINKS

    • About
    • Become a Climate Reporter
    • Send Us Your Report
    • Submit A News
    • Support Us
    • Privacy Policy
    • Contact Us

    NEWSLETTER

    Be the first to get notified when we have something new to share. Get Africa Climate Reports newsletter directly into your email.
    we promise not to spam you!
    • About
    • Advertise
    • Careers

    © 2024 All Rights Reserved- Africa Climate Report - Designed by Prexy

    No Result
    View All Result
    • HOME
    • CLIMATE CHANGE
    • SUSTAINABLE DEVELOPMENT
    • FOOD
    • FOREST
    • ENERGY
    • WASH
    • LAND
    • OTHERS
      • FINANCE
      • HEALTH
      • OCEANS
      • TOP STORIES
      • MOST POPULAR
      • COLUMNISTS
      • INTERVIEWS
      • OPINIONS
      • PHOTOS
      • VIDEOS

    © 2024 All Rights Reserved- Africa Climate Report - Designed by Prexy