Sarah Skuse’s Post

AfricInvest Group and The Health Finance Coalition (HFC) have successfully closed the Transform Health Fund (THF) at $111 million. The THF focuses on improving access, affordability, resilience, and quality of healthcare across Africa. It will invest in three key areas: supply chain transformation, innovative care delivery, and digital innovation, all targeting low-income patients. The fund supports initiatives such as clinics providing healthcare services in remote areas, telehealth services via mobile phones, and companies addressing supply chain challenges. This funding milestone enables the THF to expand its financing to high-impact health enterprises serving underserved communities, a process that began after the fund's first close in May 2023. The Transform Health Fund brings together a diverse group of investors, including Merck & Co., Inc., Philips, the U.S. International Development Finance Corporation (DFC), IFC - International Finance Corporation, Swedfund International, and various other international organizations and foundations. #AfricanHealthcare #TransformHealthFund #HealthcareInvestment #AfricInvest #HealthFinance

Can Sekofia revolutionize Africa's healthcare? Yesterday, The African Leadership University campus-born Sekofia clinched the #BeChangeMaker2024 crown, beating 714 global teams. Their bold promise? Slash insurance headaches by 90% and cut patient wait times by 95%. But let's cut through the hype for a second. - Africa's health-tech turning point. Can Sekofia deliver where others have faltered? - Innovation or illusion? Personal experience and diverse talent sound great, but can they navigate complex regulations? - Market readiness or resistance? Will Africa embrace this healthcare revolution? As Sekofia gears up for launch, the real test begins. What's your take? Can they transform African healthcare, or are they in for a rude awakening? Read the full story here: https://lnkd.in/dFJxWCwF

The value of the healthcare sector in the Gulf Cooperation region is projected to reach $135 billion by 2027, driven by rising investor confidence, according to an analysis. In its latest report, real estate and investment management firm JLL noted that investors are becoming increasingly optimistic about the healthcare market in the region as Gulf states push for the transformation of the sector in line with their economic diversification plans. In April, an additional report released by Ireland-based firm Impactful Insights revealed that the healthcare market in the GCC region reached $67.9 billion in 2023 and is expected to grow at a compound annual growth rate of 6.4 percent until 2027 to hit $118.6 billion. Read more: https://lnkd.in/g4wsvDrX #GCC #Gulf #Health #HealthNews #Medicine #Investments

$13.6Bn worth of deals closed by the Saudi MOH on 1st day of GHE. Happy to have an informal conversation of how your O&P, Rehabilitation or Foot Health business can be involved in this high growth emerging market. #orthotics #prosthetics #GHE2024

Why Public, Private Sector Must Prioritize Investments In Innovation To Improve Healthcare – Elumelu Tony Elumelu, Chairman United Bank for Africa Group and Founder, The Tony Elumelu Foundation (TEF), has highlighted the need for concerted efforts by public, private sector players and development partners to prioritise investments in innovation to improve healthcare delivery across Africa. Such innovation he said could be in the form of health research, health technology/ IT, among others. Mr Elumelu, who made the call during his remarks at the Health Forum in Abu Dhabi, United Arab Emirates on Monday, said his Foundation is geared towards democratising access to healthcare in Africa through various initiatives. https://lnkd.in/dS94dMMF #News #Trends #Trending #primebusinessafrica #fyp #Newsupdate #Latestnews #inflation #budget #money #family #finance #tips #viral #trending #socialmedia #nigeria #news #today #pba #africa

Egypt is poised to become a healthcare powerhouse. 🚀 SPACs can be a game-changer in accelerating this growth. From digital health to specialized care, the possibilities are endless. Are you ready to invest in Egypt's healthcare future? Let's discuss! #healthcareinvestment #SPAC #Egypt #digitalhealth

GlobalCare Health, a pioneering non-hospital medical tourism company, has raised $3 million in a Series A funding round led by 35North India Discovery Fund – II. This investment will be pivotal in advancing the company’s mission to enhance clinical excellence and streamline patient care through strategic consulting. Operating in India, Turkey, Dubai, Egypt, Germany, and Thailand, Global Care offers cutting-edge medical services across various specialties, striving to bridge global healthcare disparities. The organization’s vision is to expand its healthcare services on a global scale, creating a robust ecosystem of clinical services. This includes developing clinical corridors and providing essential support to patients who are unable to access necessary treatments in their home countries. As part of its growth strategy, Global Care plans to focus on expanding into key regions, including Eastern Africa, Francophone Africa, the Middle East, Central Asia, SAARC countries, South-East Asia, and North Africa. Founded in 2016 by Rajeev Taneja, GlobalCare Health is a global healthcare consulting organization dedicated to providing international patient services and fostering a worldwide healthcare network. #GlobalCareHealth #NonHospital #MedicalTourism #HealthTech #SeriesA #Funding #FundingAlert #FundraiserAlert #35NorthIndiaDiscoveryFundII #ClinalExcellence #PatientCare #HealthcareInnovation #GlobalHealthcare #HealthcareConsulting #MedicalServices #BusinessExpansion #HealthcareNetwork #AllBoutCorps

Great article by Shatha. Saudi Arabia has been ahead of the curve in embracing digital health solutions. The article highlights the rising popularity of digital health solutions across the public and private sector in KSA

Join this session to learn more about healthcare PPPs perspectives from different regions of the world from a great panel of experts. This will help the audience understand the meaning of small-scale PPPs and their significance through the lens of the healthcare sector. We are fortunate that Dr Varun Goyal from our team is representing us as one of the panel experts. #WAPPP #PPP #Affordablehealthcare

Collaborating with the private sector can help governments in lower-income economies plug existing gaps in health services, better harness considerable private resources and technology, and shift some of the weight of healthcare investment from taxpayers to private investors.