In order to respond to the growing demands for affordable, quality healthcare services in several sub-Saharan African countries, the African Development Bank (ADB) approved a US$10 million equity investment to the Razorite Healthcare Africa Fund (RHAF1), hoping that this investment can augment funding from other financial institutions. ADB assured that the RHAF1 and its project package would adhere to best practices in social, environmental and corporate governance.
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