Business and Economy

WHO receives € 500m from EIB to support health systems across Africa

The World Health Organization (WHO) welcomed a new EIB commitment to support impact investing, in the context of a new tripartite initiative (WHO-EIB- European Commission), established to support countries across Africa to close the health funding gap, building resilient health systems based on a solid foundation of PHC, to help them reach health-related SDGs.

The EIB President announced € 500 million made available with the aim of mobilizing €1 billion of new investment to in this partnership supporting resilient health system strengthening based on PHC.

WHO is joining forces with African partners, the EIB and the European Union to marry this significant investment with WHO’s experience and know-how to build resilient health systems. Innovative financing schemes such as this would bring together the work of WHO and the EIB, in a broader and systemic partnership combining grants, WHO technical assistance and impact investments.

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