Browsing: Investment Funds for Health in Africa

neglected surgical diseases among children

When we speak of inclusivity in healthcare, cleft lip and palate surgery is often considered a footnote in the priorities given to healthcare financing. Around the world, many children with clefts live in isolation, making it difficult to make friends and go to school, but more importantly, have difficulty eating, breathing, and speaking. As we seek to achieve Universal Health Coverage, the long-term benefit of treating a single cleft at an early stage can bring in as much as $50,000 to the economy. This economic benefit therefore deserves to be considered a priority as governments address paediatric surgical care.

The Fourth meeting of the Global Initiative for Children’s Surgery (GICS IV) which took place in Johannesburg from 17th-18th January 2019, brought together providers and implementers of surgical services for children, along with health, advocacy, and policy experts. Participants discussed the current state of surgical care for children…

IFC and IFHA-II Coöperatief U.A., a private equity fund focused on health care in Sub-Saharan Africa, have launched a $115 million holding company to acquire and integrate targeted health care service businesses in East and Southern Africa.

The project will boost access to quality health care services to help improve lives and achieve universal health coverage across the region.  IFC is investing $22 million in the Hospital Holdings Investment (HHI) holding company, an investment platform set up by IFHA-II, which is also supported by the European development finance organizations Swedfund, Proparco, Finnfund and IFU, Danish Investment Fund for Developing countries. HHI will be IFC’s largest equity investment in health care in Sub-Saharan Africa, outside of South Africa. IFC also mobilized $43.2 million from other investors.

“HHI is filling a critical gap in the health care sector by providing secondary and out-of-hospital care for middle to lower middle income patients in …