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Oxfam America Report Examines World Bank’s Investments In For-Profit Health In Africa

Huffington Post: World Bank Group’s For-profit Health Investments Fail to Reduce Inequality in Access to Health Care
Raymond Offenheiser, president of Oxfam America

“…In [World Bank] President Jim Kim’s own words, ‘achieving universal health coverage and equity in health are central to reaching the [Bank’s] global goals to end extreme poverty by 2030 and boost shared prosperity.’ But are all parts of the World Bank Group now aligned with this approach? In our new report, ‘Investing for the Few: The IFC’s Health in Africa initiative,’ we explore this question by reviewing the Bank Group’s investments in the for-profit health sector in Africa via the International Finance Corporation (IFC), the Bank’s private sector lending arm. Unfortunately, the answer is a resounding ‘no’…” (9/11).

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Filling the need for trusted information on national health issues, the Kaiser Family Foundation is a nonprofit organization based in Menlo Park, California.