January 13

SME Health Providers in Five African Countries Get US $30 Million Funding From Health Finance Coalition

Private and small- and medium enterprise (SME) health providers in five high malaria burden African countries are set to benefit from a new emergency loan guarantee facility of more than USD$30 million under the Open Doors African Private Healthcare Initiative

The loan will support healthcare providers in Ghana, Kenya, Nigeria, Tanzania, and Uganda to continue offering essential health services, including malaria treatments, to more than five million Africans.

“Many of our clients are under increased pressure as a result of the COVID-19 pandemic and see patient visits and revenues decrease. This agreement helps us to further support health entrepreneurs so they can continue providing the services needed to keep their communities healthy,” Kennedy Okong’o, Director East Africa, and Medical Credit Fund stated.

Source: Africa Inc (link opens in a new window)

Coronavirus, Health Care