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Featured Photo: Expanding access to affordable healthcare in Cameroon

Photo, woman receiving an eye exam, OPIC, Overseas Private Investment Corporation, Magrabi ICO Cameroon Eye Institute, affordable eye care, cataract surgery, blindness caused by cataracts, social performance, public diplomacy, development finance, impact investing

 

In Yaoundé, Cameroon, the OPIC-supported Magrabi ICO Cameroon Eye Institute provides affordable eye care and sight-saving cataract surgery to thousands. Blindness is twice as common in Africa as it is worldwide, and blindness caused by cataracts is often preventable. The Institute, the first nonprofit specialty eye hospital and training institute in Central Africa, was one of multiple OPIC-supported projects that an OPIC delegation to West Africa visited this week.

OPIC’s financing to the Magrabi facility was structured as a development impact loan, an innovative structure that links the financial and social performance of the project so that OPIC achieves a higher return when the hospital reaches more patients.

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OPIC Executive Vice President David Bohigian travels to Cameroon

Bohigian discusses OPIC’s model of investing in development and the Cameroon Eye Institute in this feature in the Cameroon Post

Learn more how OPIC this project is providing affordable sight-saving surgery to thousands in Cameroon

 

 

 

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