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    Reference: 20200820
    Release date: 9 December 2020

    Promoter – Financial Intermediary

    REPUBLIC OF GHANA

    Location

    Description

    The project aims at supporting the Government of Ghana in its COVID-19 national response plan. This includes acquisition of medical equipment and supplies, medicines, logistics, as well as the strengthening of the medical health system.

    Objectives

    The project is supporting the "National Strategic Covid-19 Response Plan" of the Ghanaian Government to fight COVID-19. It includes acquisition of medical equipment and supplies, increasing existing healthcare infrastructure for COVID-19, medicines, as well as healthcare system strengthening. The COVID-19 pandemic is anticipated to trigger severe shortages in the epidemiological area, healthcare services delivery and supply of critical consumables in an already under-financed and over-stretched health sector. The project is key, first to save human lives and second, to prepare the system for a likely possible further escalation and spread of the COVID-19 pandemic in Ghana.

    Comments

    The project is expected to contribute towards the achievement of Sustainable Development Goal (SDG) 3 (Good Health and Well-Being), to which both the EU and the EIB are fully committed.

    Sector(s)

    • Health - Human health and social work activities

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    Under Global Europe NDICI guarantee

    The proposed operation is expected be covered by the comprehensive guarantee granted to the EIB under the Dedicated Investment

    Proposed EIB finance (Approximate amount)

    EUR 82 million

    Total cost (Approximate amount)

    EUR 90 million

    Environmental aspects

    The Promoter will implement the project in accordance with the Bank's Environmental and Social Principles and Standards.

    Procurement

    The Promoter will implement the project in accordance with the Bank's Guide to Procurement.

    Status

    Signed - 10/12/2021

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Ghana Health