The EU wants to mobilize one billion euros for health in Africa

/photo alliance, photo library, Ute Grabowsky

Geneva/Luxembourg The European Investment Bank (EIB), the EU’s financial institution, is providing €500 million to health systems in Africa, mainly for basic medical care in the sub-Saharan region.

This was shared by EIB President Werner Hoyer and the Director General of the World Health Organization. WHO, Tedros Ghebreyesus, in a joint statement yesterday. In partnership with the European Commission, they want to mobilize at least one billion euros in investments for the African health system.

The Investment Bank’s partnership with the WHO is a key part of Europe’s response to the pandemic outside the EU, EIB President Hoyer said. Since the onset of the disease, the institute has increased its support for the health sector, vaccine production and economic resilience in Africa and globally.

WHO Director General Ghebreyesus stressed that everything is at stake with health. Investments in medical care are therefore also fundamental to lifting people out of poverty and promoting inclusive economic growth. © kna/

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