[et_pb_section fb_built=”1″ admin_label=”!!! PLEASE DO NOT EDIT !!!” _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][et_pb_row admin_label=”!!! PLEASE DO NOT EDIT !!!” _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.19.5″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”TO BE EDITED – SUMMARY – Click on the WHEEL icon to open the textarea where you can paste or type your summary. The summary condenses the main points for the news that starts below. The summary is in bold and not longer than 300 characters, including spaces. The counter at the bottom can help.” _builder_version=”4.21.0″ _module_preset=”default” custom_padding=”||20px||false|false” global_colors_info=”{}”]<\/p>\n
The Transform Health Fund has raised $111 million to improve healthcare in Africa, focusing on innovative health models. It aims to enhance access to care for vulnerable communities across the continent.<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n [\/et_pb_text][et_pb_text admin_label=”TO BE EDITED – TEXT OF THE NEWS – BLOCK 1 – Click on the WHEEL icon to open the textarea where you can paste or type your news. PLEASE USE ONLY THE FEATURED IMAGE FUNCTION on your right column to add the image.” _builder_version=”4.21.0″ _module_preset=”default” custom_padding=”||1em||false|false” global_colors_info=”{}”]<\/p>\n On October 3, 2024, AfricInvest and the Health Finance Coalition (HFC) announced the successful final close of the Transform Health Fund<\/a> (THF), a pan-African blended-finance initiative aimed at improving healthcare systems across the continent. The fund exceeded its initial goal, raising $111 million through a combination of commercial, public, and private donor investments.<\/p>\n Managed by AfricInvest<\/a>, a prominent investment platform active in private equity, venture capital, and private debt, the THF will focus on scaling innovative healthcare models and strengthening local health supply chains. Significant contributors to the fund include Royal Philips, the International Finance Corporation<\/a> (IFC), Swedfund, and the U.S. International Development Finance Corporation (DFC), among others.<\/p>\n With an initial commitment of $20 million, the THF has already financed several high-impact health enterprises, such as Africa Healthcare Network, which operates the largest dialysis chain in Sub-Saharan Africa; Lapaire Glasses, which provides affordable eye care; and Insta Products, which produces therapeutic food for malnourished children and mothers.<\/p>\n The fund was established to address critical health financing gaps in Africa, where only 1.6 per cent of annual impact investments target healthcare, despite the region facing a significant disease burden. This initiative aims to attract private investment to complement traditional funding sources, supporting sustainable healthcare solutions for vulnerable populations.<\/p>\n [\/et_pb_text][et_pb_text admin_label=”TO BE EDITED – TEXT OF THE NEWS – BLOCK 2 – Click on the WHEEL icon to open the textarea where you can paste or type your news. PLEASE USE ONLY THE FEATURED IMAGE FUNCTION on your right column to add the image.” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" The Transform Health Fund has raised $111 million to improve healthcare in Africa, focusing on innovative health models. It aims to enhance access to care for vulnerable communities across the continent. On October 3, 2024, AfricInvest and the Health Finance Coalition (HFC) announced the successful final close of the Transform Health Fund (THF), a pan-African…<\/p>\n","protected":false},"author":559,"featured_media":987731096,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[],"tags":[117,3048,3024],"acf":[],"_links":{"self":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987731093"}],"collection":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/users\/559"}],"replies":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/comments?post=987731093"}],"version-history":[{"count":5,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987731093\/revisions"}],"predecessor-version":[{"id":987731112,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987731093\/revisions\/987731112"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/media\/987731096"}],"wp:attachment":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/media?parent=987731093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/categories?post=987731093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/tags?post=987731093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}