African leaders call for health financing to be treated as strategic economic investment

Date: 2026-04-13
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By:  Nana Appiah Acquaye

African policymakers and development leaders have called for a fundamental shift in how health financing is positioned within national economic strategies, urging governments to treat it as a core investment rather than a social expenditure.

This position was highlighted by the former Vice President of Nigeria, Yemi Osinbajo during the 58th Session of the Conference of African Ministers of Finance, Planning and Economic Development held in Tangier. Delivering the opening keynote, former Vice President Osinbajo emphasized that sustainable economic growth across the continent depends significantly on the health and productivity of its population.

The session also marked the launch of the “Transforming Health Financing in Africa” initiative by United Nations Economic Commission for Africa, aimed at strengthening health systems and improving financing models across African countries.

Osinbajo underscored that economies investing strategically in healthcare are better equipped to withstand external shocks and maintain long-term development trajectories. He noted that robust health systems contribute directly to national resilience, workforce productivity, and broader socio-economic stability.

The high-level meeting brought together key continental and global stakeholders, including Claver Gatete, Mahmoud Ali Youssouf, and Nadia Fettah Alaoui, alongside representatives from international organizations such as the United Nations Development Programme and the World Health Organization.

Discussions focused on redefining policy frameworks to prioritize health as a driver of economic transformation, with participants advocating for increased domestic resource mobilization, innovative financing mechanisms, and stronger institutional coordination.

The conference reinforced a growing consensus that aligning health investment with macroeconomic policy is critical to advancing Africa’s development agenda and ensuring long-term prosperity across the continent.

 

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