African governments set to stare down a healthy PATH

Wednesday, May 3, 2017

While several African countries have invested in a growing pipeline of high-impact, cost-effective innovations for healthcare, the innovations were largely reliant on foreign investments, according to Craig Friderichs, a country director of international health NGO PATH.

In comments ahead of the World Economic Forum (WEF) on Africa, which starts in Durban on Wednesday, Friderichs said that despite commitments from governments, funding and implementation of policies had lagged.

“That’s why PATH has brought together a multi-sector group of partners, including the Bill & Melinda Gates Foundation, LeapFrog Investments, the New Partnership for Africa’s Development (Nepad) Agency, and the Welcome Trust, to host the Innovation Effect Summit alongside WEF Africa. “We have leaders from across geographies and sectors coming together to celebrate African innovation and discuss collaborative ways to further reduce the constraints for high impact health technologies,” said Friderichs.

Source: BusinessReport (link opens in a new window)

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Health Care
Tags
business development, healthcare technology, impact investing, poverty alleviation