The Netherlands will support selected health facilities in Ghana

Anouk Aarts, Senior Policy Advisor at the Dutch Ministry of Foreign Affairs and Sustainable Economic Development, provided support to selected health facilities across the country.

Mrs. Anouk Aarts made this known during a tour of some hospitals in the Greater Accra region, by officials of the Medical Credit Fund.

The tour was part of the Fund’s launch in Accra on Wednesday. During the tour, she was accompanied by the managing director of the Medical Credit Fund, Arjan Poels.

Together with the Executive Director of the Christian Health Association of Ghana (CHAG), Dr. Peter Yeboah, they inspected selected hospitals to determine the impact of the Medical Credit Fund on the operations of the named hospitals.

Following the visit, she reiterated that her outfit was happy to partner with such facilities, which fall under CHAG.

“What I learned this afternoon is how many challenges Aneeja Hospital faces and has to overcome. To run a hospital well; especially around expenses and income. And when there is a gap between the two, there must be something to cover that.

And I also understand better how the Medical Credit Fund can play a role in this, and also how important it is to buy equipment and offer special services, which they otherwise could not offer to the community here. So that’s what I learned here this afternoon,” she said after a visit to Aneeja Hospital in Tantra Hill.

For his part, the Managing Director of the Medical Credit Fund, Mr. Arjan Poels, expressed satisfaction with the quality of service rendered by Aneeja Hospital to the residents of the community.

In his remarks, Mr Poels said that while the Medical Credit Fund has been instrumental over the past decade, visiting some of the partner hospitals has given him a clearer idea of ​​specific areas that still need to be addressed. improved. These areas include insurance and working capital.

“It’s good to see how our money and support is really helping them get to that level. And also very good to see, especially SafeCare. So it’s very impressive to see that today. Sometimes when we’re sitting in Amsterdam it’s a bit far from the work we do here, so it’s very nice to work with the team,” he said.

Speaking at the end of another round at Pentecost Hospital in Medina, Madame Anouk Aarts revealed that she was impressed with the level of production at the hospital, despite its limited space.

According to her, the fact that many patients are satisfied is a testament to the performance and diversity of the hospital. She added that she was also satisfied with the hospital’s cooperation with the government.

“Most impressive was the spirit of transformation and innovation. It also showed how they partnered with PharmAccess to do things that no one else does and to do it in a different way. way that actually meets people’s needs and transform it according to real needs.

What I saw today at Pentecost Hospital is related to that because I was very impressed with how quickly they can react to changing circumstances, the innovations they are adopting to become more efficient and effective,” she said.

As part of efforts to make healthcare delivery more sustainable and efficient in Ghana, PharmAccess Group launched the second phase of the Medical Credit Fund (MCF II) on Wednesday at the Alisa Hotel here in Accra.

The MFC II, which is a €32.5 million loan facility, aims to reduce the challenges faced by small and medium-sized healthcare businesses in accessing loans and other credit facilities to expand their operations. and extend their reach.

Speaking at the launch of the loan facility in Accra on Wednesday, National Director of the Medical Credit Fund, Derrick Ewudzie-Odoom, explained that the essence of the facility is to deal with the bottlenecks associated with funding health care in Ghana.

At the event, Madame Aarts reiterated that “health is wealth”, therefore the MCF II package is a welcome idea.

About MCF II

MCF recently announced the completion of a fundraising of 32.5 million euros for its second fund (MCF II). The funding round was anchored by the Dutch Ministry of Foreign Affairs, which provided the first equity injection of €7.5 million in January 2021, to meet demand for loans at the height of the global crisis. COVID-19.

Also participating in this funding round are international organizations such as CDC Group, FMO, SwedFund and Philips. In addition, MCF will benefit from a guarantee facility from the US International Development Finance Corporation (DFC), which was initiated by the Health Finance Coalition (HFC) with support from the US President’s Malaria Initiative (PMI) and the Center for Innovation & Impact from USAID (CII).

Through blended finance, MCF uses catalytic capital from public and private sources and aims to reach €80 million over the next few years and will support €400 million in lending to healthcare SMEs over the next decade. .

The launch of MCF II marks the beginning of a new era. An era in which MCF will further expand its reach and impact. MCF II will deploy innovative digital financing solutions to increase investments in health infrastructure in Africa and improve access to better primary health care services in Africa.

Starting in its current countries of operation (Ghana, Kenya, Nigeria, Tanzania and Uganda), and expanding its wings to other countries over time.

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