- UKEF’s largest ever loan in francophone Africa will finance specialised medical and non-medical equipment sourced from the UK.
- The project will provide fully-equipped modern healthcare services for a catchment area of more than a million people.
A €241m dual-tranched UKEF facility will help NMS Infrastructure Limited (NMSI) build six new hospitals through an export contract with the Côte d’Ivoire Ministry of Health and Public Hygiene. The €326 million project will see the design, construction and equipping of six hospitals to be located at Bouaké, Boundiali, Katiola, Kouto, Minignan and Ouangolodougou, as well as post-completion training and technical support.
The financing structure involves a combination of buyer credit and direct lending to the Government of Côte d’Ivoire. Work on the hospitals has started and is expected to be completed in 2024.
GKB Ventures (GKB), as appointed advisors to Côte d’Ivoire’s Ministry of Economy and Finance (MOF) ran a fully transparent and competitive tender process for the financing of the project with a select group…