logoBC
Yaoundé - 18 April 2024 -
Public management

The World Bank injects FCfa 73 billion in the Cameroonian health system

The World Bank injects FCfa 73 billion in the Cameroonian health system
  • Comments   -   Thursday, 29 September 2016 12:55

(Business in Cameroon) - The Cameroonian government recently signed with the World Bank, two financing agreements worth a total of FCfa 73 billion to improve its health system. This is in practical terms, we officially learned, a loan agreement of FCfa 58 billion, and a donation of FCfa 15 billion.

These funds will be used to finance the Project to strengthen the performance of the health system (PRPSS), whose goal according to the Cameroonian authorities, is to substantially improve mother and child health in the country.

According to the Operations Director of the World Bank for CEMAC countries, these funds will in real terms help with the implementation of Performance-based Financing (PBF).

It is mainly about, as highlighted by the Minister of Health, André Mama Fouda, to reward health organisations which had the highest rates of birth without death, as well as hospitals which distinguished themselves with vaccination rates of 90%.

BRM

market-cap-bvmac-still-below-targets-despite-near-37-surge-in-2023
The most recent Monetary Policy Report from the Central Bank of Central African States (BEAC), released in March 2024, indicates a substantial surge in...
yaounde-municipality-cracks-down-on-unauthorized-ads-demands-fees
The Urban Community of Yaoundé (CUY) has been demanding nearly CFA4 billion since 2020 from businesses, including SMEs and multinationals, for the use of...
nigerian-travel-platform-wakanow-com-expands-operations-to-cameroon
Nigerian travel service Wakanow.com announced on Wednesday its launch in Cameroon. "Our entry into Cameroon is more than just business expansion; it...
afdb-funds-internships-for-cameroonian-youth-in-local-projects
Over the past few years, the African Development Bank (AfDB) has facilitated 12-month internships for 284 young Cameroonians on various projects in...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »