The African Export-Import Bank (Afreximbank) and MobiHealthCare Limited (MobiHealth) have signed project preparation facility agreement in a move set to transform healthcare accessibility across Africa. This partnership aims to propel the expansion of telemedicine services within Nigeria while exploring the feasibility of replicating such services in Egypt, Ghana, Kenya, and Cote d’Ivoire. Under the terms of the agreement, Afreximbank will provide partial financing for project preparatory activities, leveraging MobiHealth’s cutting-edge telemedicine platform, initially trialed in Nigeria, to extend services to the additional countries.
Related Stories Cross River State secures $3.5 billion from Afreximbank for Bakassi Deep Seaport Project Afreximbank, Access Bank near funding deal with LASG for Blue Line Phase 2 This initiative anticipates the rapid establishment of telemedicine clinics across Africa, fully equipped with outpatient facilities. With a project preparation facility of up to US$1.
5 million, the aim is to advance the project to bankability, thereby unlocking further investments estimated at US$65 million. This preparatory facility is poised to expedite the deployment of digital healthcare solutions, thereby enhancing access, efficiency, and the quality of healthcare services. Leveraging MobiHealth’s innovative platform, local and diaspora medical professionals can remotely diagnose and prescribe treatment, thereby reducing waiting times, eliminating travel b.
