HomeNewsEgypt: Afreximbank, Kings College Foundation Trust sign MoU

Egypt: Afreximbank, Kings College Foundation Trust sign MoU

King’s College Hospital NHS Foundation Trust in London, UK, has signed a Memorandum of Understanding (MoU) with the African Export-Import Bank (Afreximbank).

According to the bank, the MOU, which was signed Tuesday, is designed to enhance the health and well-being of people in Africa by improving healthcare infrastructure on the continent.

King’s College is a centre of excellence for the treatment of blood cancers and haematological medicine, and the initial focus will be on developing a similar facility in West Africa.

In the long term, the College and Afreximbank will look at other opportunities in Africa to improve healthcare infrastructure. This will involve studying the healthcare needs of different populations in Africa, and how these can be addressed.

Afreximbank’s collaboration with the College is part of its Health and Medical Tourism Development Programme, which is supporting the development of world-class health facilities in Africa to meet the growing health care needs of Africans with a view to enhancing service exports, promoting employment and conserving Africa’s foreign exchange.

“At King’s, we are proud to have an international reputation for high quality, specialist clinical services” said Ghulam Mufti, Professor of Haemato-oncology at King’s and a Non-Executive Director at the Trust. “Our work with Afreximbank is an important step forward for King’s, and part of a wider initiative to expand our work overseas for the benefit of patients.”

For his part, Afreximbank President Jean-Loius Ekra said: “Today’s (Tuesday’s) signing marks a crucial first step in bringing first class health services closer to people across Africa. We are confident that this collaboration will lead to a significant reduction in the need for Africans to travel outside the continent in search of the highest quality healthcare and will greatly reduce the resources expended by Africans on foreign medical tourism.”

King’s College Hospital is one of the Europe’s leading hospitals, treating over one million patients every year.

Afreximbank is the foremost Pan-African multilateral institution devoted to financing and promoting intra- and extra-African trade.

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