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To help countries implement their health reforms, the World Bank and the Global Fund to Fight AIDS, TB and Malaria (Global Fund) committed to invest $24bn in Africa over the next 3 to 5 years. The Global Fund’s $9bn commitment for 2017 – 2019 includes $3bn of investments in systems for health such as strengthened procurement systems & supply chains, improved data quality & data management systems, and strengthened human resources for health.
African countries are expected to increase their domestic spendings on health with $65bn to $115bn in the coming 10 years according to WHO.
Ethiopia is among the countries that has been making significant progress in the past decade, and continues to do so: with 156 hospitals and the objective to focus on the much needed skillset training of health workers, the country makes a perfect destination for healthcare related investments. After 4 successful editions in South-Africa, Zambia, Mozambique and Ghana, Noppen Group is hosting the 5th Annual Africa Hospital Expansion Summit in Addis Ababa.
At the event government officials, investors, operators, architects, health bodies, NGO`s and contractors will be meeting medical device suppliers, technology & service vendors, distributors, consultants, banks and regulatory bodies.
Dec 2016 – Addis to get state-of-the-art medical city
Construction of a new hospital to be commissioned by the Ethio-American Doctors Group Inc. will be launched in 2017, the Group’s Chief Operating Officer, Melaku Nigussie said. While briefing Foreign Minister Dr. Workneh Gebeyehu in Addis Ababa on the progress of the project, Melaku said the construction will consume 100 million USD. The construction of the hospital, which will be laid on 150,000 hectares land in Addis Ababa, will be completed in three years, Melaku said……. Read More
Nov 2016 – Healthcare providers look to tap Africa for the next growth wave
Cash-rich Indian hospital groups such as recently listed Narayana Hrudayalaya are setting up operations in Africa to tap a growing stream of middle-class patients from the continent seeking quality health-care. With financing from Abraaj Group’s Africa Health Fund and the International Finance Corp., the Mumbai-listed group is partnering with Kenyan investors and will break ground on a 130-bed specialist cardiac hospital in the capital, Nairobi, in January. Another group of investors is joining forces with Gurgaon, India-based Medanta Hospital to set up a 200-bed facility in the East African nation…… Read More
Oct 2016 – Egypt is building state of the art capital
Egypt is building a new administrative capital in the desert, 45 kilometres east of Cairo. The first phase of the project will cost an estimated $45 billion. The city is yet to be named by the Egyptian government. The Chinese have taken a major role in bankrolling the capital construction. The China Fortune Land Development Company (CFLD) said it will provide $20 billion (£16 billion) for the city’s construction. A China’s state-owned construction company has also signed a $15 billion agreement with the Egyptian government to finance 14 government buildings, a zone for trade fairs and the 5000- seat conference center. An Indian company is also planning to build a medical city three times the size of Cairo’s Kasr El Aini Teaching Hospital. The city would include a university, nursing institute, and hospital. A Saudi firm proposes to build a 12.6-hectare mosque and Islamic museum…… Read More
Sep 2016 – Indian medical tycoon keen to set up tertiary hospital in Ethiopia
An India-based hospital operator, Global Hospitals Group, has unveiled a plan to set up a USD 200 million Tertiary Referral Hospital in Ethiopia with state-of-the-art facilities and 500 beds, it was learnt.Global Hospitals Group, India’s distinguished healthcare services provider which also offers healthcare research and advanced education to caregivers, is among the country’s fast rising chains of “multi super specialty tertiary” care hospitals…… Read More
Aug 2016 – Education Ministry takes over Wollo Tertiary Hospital construction
After failing to raise the 1.7 billion birr needed to build the Wollo Tertiary Care Teaching Hospital the project has been turned over to the Education Ministry. The hospital will have about 750 beds and encompass all kinds of sophisticated surgery. The hospital will be constructed in Wollo, 5KM from Diessie. The design was done by tripartite architects that worked with famous people like Mohammed Ahmed. The Engineering company is Universal Consultant & Architect and Engineering Plc. The project will cost around 7.2 million birr….. Read More
Aug 2016 – Nairobi Hospital launches Sh5.7bn expansion plan
Nairobi Hospital has launched a Sh5.7 billion expansion plan that will see it double bed capacity and clinic facilities in a bid to keep pace with rivals that have recently enlarged their capacity.
Regulatory filings by the hospital indicate it is looking to put up several buildings that will house clinical facilities and raise capacity from the current 355 to 750 beds, set up a parking silo and a university education block….. Read More
Aug 2016 – Aga Khan University – Arusha Campus construction in the offing
Construction of the Aga Khan University (AKU) is in the offing in Arusha, Tanzania and the move is viewed as a catalyst for positive transformation that will see the city expand as the intellectual, social and political hub for East Africa. The Arusha Campus project which is part of a planned US$ 500 million expansion in East Africa by H.H the Aga Khan, seeks to enroll Arts and Science students from across the region, notably from Kenya, Tanzania, Uganda, Rwanda, Burundi and South Sudan. There will be two graduate professional schools in the first phase; Hospitality, Leisure and Tourism and Architecture and Human Settlement…… Read More
July 2016 – Government backs Aga Khan on Naguru hospital project
The Prime Minister, Dr Ruhakana Rugunda, has reassured the Aga Khan Development Network (AKDN) that government will support its construction of the ultra-modern university hospital in Naguru dedicated to offering specialised treatment.Construction of the first phase of the hospital to cost Shs3 trillion ($100m) is expected to be completed by 2020 with a 150-bed tertiary wing but the plan is to have an overall 600 bed capacity. The hospital will provide advanced care with specialties in women and child health, cardiology and cardiothoracic surgery, regenerative medicine and neurology…. Read More
July 2016 – Modi, Uhuru sign deal to build East Africa’s top cancer hospital
Kenya Monday signed a multi-billion shilling deal with India to build East Africa’s biggest cancer hospital beginning early next year in a move that places healthcare at the centre of diplomatic relations between the two countries. President Uhuru Kenyatta agreed with Indian Prime Minister Narendra Modi to fast track construction of the hospital whose establishment was first announced during Mr Kenyatta’s visit to Delhi last year. Mr Kenyatta is hoping that establishment of the hospital will help save the Kenyan economy the billions of shillings that Kenyans spend every year flying out for cancer treatment in India. Kenya’s Ministry of Health officials said the hospital will offer radiotherapy, chemotherapy, advanced surgery and bone marrow transplant services….. Read More