The World Bank signed a grant agreement for 6.02 million US dollar with the Health Insurance Fund. The grant enables the implementation of an insurance program, which will support up to 22,500 low-income ICT workers in Lagos (Nigeria) for a period of five years. PharmAccess Foundation will be the implementing partner of the program. The World Bank acts as administrator for the Global Partnership on Output-Based Aid (GPOBA).
The World Bank is dedicated to offer technical and financial assistance to governments of developing countries. Their support to the Health Insurance Fund project, which stimulates the role of private firms in delivering public health services, is ground breaking.
Read World Bank/GPOBA/IFC press release (30 October 2008)