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The African Export-Import Bank (Afreximbank) and MobiHealthCare Limited (MobiHealth) have signed a project preparation facility agreement that is expected to bolster the expansion of Mobihealth’s telemedicine services in Nigeria, and also assess the feasibility of establishing similar services in Egypt, Ghana, Kenya and Cote d’ Ivoire. Under the terms of the agreement, Afreximbank will part-finance project preparatory activities that will leverage MobiHealth’s successfully integrated telemedicine proprietary platform, initially piloted in Nigeria, to the four additional countries. This initiative is expected to rapidly lead to the establishment of a network of telemedicine clinics across Africa, fully equipped with out-patient facilities.

The project preparation facility of up to US$ 1.5 million is expected to advance the Project to bankability, whereupon this is expected to unlock further investments estimated at US$ 65 million. The preparatory facility will expedite the deployment of digital healthcare solutions, enhancing access and efficiency, and quality healthcare.



MobiHealth’s platform utilizes local and diaspora medical professionals who are able to diagnose and prescribe to patients remotely. This reduces waiting and travel times, provides new ways to serve harder-to-reach population and removes barriers for the underserved population. Additionally, Afreximbank will serve as the mandated lead arranger, overseeing senior debt syndication for the project implem.

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