Sunday, May 23, 2010

Africa Health Fund

Next Billion reports on the Africa Health Fund:
The fund will invest in SMEs providing health services including health service delivery, risk pooling and financing vehicles, distribution and retail organizations, pharmaceutical and medical-related manufacturing companies, medical education, as well as ancillary businesses. Investments are expected to be between $250,000 and $5 million, in the form of either equity or quasi-equity, with an expected exit from individual investments after 5-7 years. Although all SMEs in sub-Saharan African countries are eligible for financing, there are a number of target countries, including: Nigeria, Ghana, Cote d’Ivoire, Senegal, Kenya, Tanzania, Uganda, Mozambique, Zambia, Angola, Rwanda, Burundi, DRC, South Africa, and Ethiopia...[continue reading]
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