IFC and Côte d’Ivoire Partner to Expand Access to Affordable, High-Quality Healthcare
Health
As lead transaction advisor, IFC will work with Côte d'Ivoire's Ministry of Health to design, structure, and competitively contract two PPPs for laboratory and imaging services in 14 public hospitals in the Abidjan and Abengourou regions, home to a combined 6.7 million people. The private partners who win the bids will design, build, equip, finance, operate, and maintain the laboratory and imaging services.
Once completed, the projects will increase access to world-class diagnostic services, supporting the early detection of medical conditions, more effective treatment, and improved patient outcomes, especially for women, children and the poor. These projects could be expanded to other parts of Côte d'Ivoire in the future.
As the first-ever "hybrid PPP" model in healthcare, the project will be funded by both private-sector financing and concessional financing from the World Bank and the Global Financing Facility (GFF), a country-led partnership hosted by the World Bank that supports countries to strengthen their health systems, with a focus on women, children, and adolescents.
In addition to IFC's PPP advisory services' support, the project is embedded within a World Bank operation linked to the National Health Insurance Program.
Currently, access to quality healthcare is limited in Côte d'Ivoire. Imaging and laboratory services, face a severe shortage in diagnostic and imaging equipment, along with poor equipment maintenance and a lack of trained healthcare workers.