Africa loses $1bn yearly to medical tourism – Adesina

June 25, 2021
by
President of the African Development Bank AfDB Akinwunmi Adesina
President of the African Development Bank AfDB Akinwunmi Adesina

Failing to develop Africa’s healthcare system but embarking on medical tourism to advanced countries, Africa’s leaders are costing the continent $1billion yearly.

This assertion was made by the President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, at the virtual Annual General Meeting of the AfDB, which entered its third and final day today, Friday, June 25. Prime Business monitored the event.

Join our WhatsApp Channel

Emphasising the need for African countries to revamp their healthcare infrastructure for easy access to quality healthcare, Adesina said this can be achieved by first giving priority to three critical areas, namely, local production of vaccines on the continent, developing Africa’s pharmaceutical manufacturing capacity, and building quality health care infrastructure.

Other critical areas of focus include scaling up existing manufacturing capacities, invest in tech transfer, expand financing for R&D, establish an Africa Medicine Agency for safety standards and quality control, and attract global companies to locate production facilities in Africa.

According to Adesina, Africa must reduce last-mile access to primary healthcare, modernize secondary tertiary healthcare infrastructure, expand diagnostic infrastructure, and build digitally-enabled health service delivery networks.

Interestingly, Adesina’s observation is coming on the same day President Muhammadu Buhari was initially scheduled for yet another medical checkup in London. However, the President’s office released a statement announcing the postponement of the trip.

+ posts

Featured Stories

Latest from News

Illegal mining in Nigeria

Côte d’Ivoire Sets Six-Month Target to Curb illegal Gold Mining

Written by Amanze Chinonye Côte d’Ivoire has given regional authorities six months to eradicate illegal gold mining in their jurisdictions as the government steps up security operations, river surveillance and efforts to rehabilitate mining-affected areas. Join our WhatsApp Channel The target was endorsed
FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

Zimbabwe Seeks $115 Million Afreximbank Loan to Revive State Railway

Written by Amanze Chinonye Zimbabwe’s state-owned railway operator is negotiating a $115 million financing facility with the African Export-Import Bank (Afreximbank) to acquire locomotives and wagons and rehabilitate parts of its ageing rail network, officials said. The National Railways of Zimbabwe (NRZ) is

Fiji Escalates HIV Response as New Cases Reach Record Levels

Written by Amanze Chinonye Fiji has declared HIV a national crisis after a sharp rise in new infections, with an estimated one in 60 adults now living with the virus, prompting the government to expand testing, treatment and prevention services. Join our WhatsApp
CBN Governor Mr. Godwin Emefiele
Previous Story

Bandit attack: CBN ask farmers to offset ABP loans

Media practitioners at Channels TV Sunrise Daily
Next Story

Practitioners fault Government’s plan to regulate the Media

Don't Miss

Looming Danger of Docile Political Opposition

Agonising Experience Of Being APC Member, Message To APC Leaders

Your Excellencies, I want to sincerely express my gratitude to
Borrow To Invest In Regenerative Devt Projects – Obi Advises FG

Peter Obi To End CBN’s Fixed Foreign Exchange Rates, Reveals Plan For Startups

The Central Bank of Nigeria (CBN) fixed foreign exchange (forex)