COVID-19 HEALTH RESPONSE GHANA

Promoter – Financial Intermediary

REPUBLIC OF GHANA

Location

• Ghana

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

Under EFSD+ Guarantee

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