Health Q Egypt (IFC-605283)

Regions
  • Middle East and North Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Egypt
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Apr 15, 2020
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
*Borrower information not provided at the time of disclosure*
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Education and Health
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.44 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 1.44 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jul 31, 2024

Disclosed by Bank Jun 11, 2020


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, the Egypt Healthcare Quality Project consists of two components:

Component 1: Advisory work to upgrade quality assurance in healthcare facilities. The project will work with healthcare facilities to increase the quality of care. The team will apply advisory offerings with varying level of depth and interaction with clients. We expect that the three major demanded offerings are (i) rapid quality assessment, (ii) full quality assessment, and (iii) implementation support.

Component 2: Enhancing awareness of healthcare quality and patient safety issues by medical facilities and capacity to advise healthcare facilities on such issues across the healthcare sector in Egypt by: (a) delivering of awareness events and (b) providing training to local healthcare quality service providers to develop a cadre of experts who can advise healthcare facilities in the future.

Lack of quality assurance and patient safety in Egypt is a major concern. Even basic safety practices are still not universally implemented. According to a 2018 analysis published by Lancet, poor quality of care in Egypt results in more preventable deaths (~63k/year) than deaths due to lack of access to healthcare services (~31k/year). Developmental assistance in health area is often targeted towards communicable diseases and maternal and child health. While better quality assurance standards can directly contribute to eliminating those issues, healthcare providers in Egypt are rarely aware how to enhance quality assurance and entailed benefits for safety of its patients. Registration and Accreditation requirements are introduced, but medical facilities lack clarity of the standards, the compliance criteria and the assessment methodology.

The overall goal of the IFC Egypt Quality Advisory Program is to increase access to safe and quality healthcare by improving the quality assurance processes and practices by healthcare service providers in Egypt. IFC will also enhance awareness and knowledge of quality assurance processes by healthcare providers and other stakeholders. This will contribute among other factors to increased investment in healthcare facilities as healthcare providers with better quality assurance practices can become more attractive investment targets for IFC and other financiers. The program is expected to achieve the following impact targets within 2 years after project completion: - 210,000 people receiving access to improved healthcare services from program clients. - At least US$50 million financing from all financiers facilitated by project activities.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

*Contact information not provided at the time of disclosure*

ACCOUNTABILITY MECHANISM OF IFC

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/

How it works

How it works