Optimising Heathcare Investments in Africa

Dear Reader,

According to a report by the World Health Organization, despite progress, many African countries are still on average far from achieving their health financing goals such as the Abuja target of allocating 15% of government budgets to health or the goal of reducing the share of out-of-pocket expenditure in total health expenditure. For example, in 20 out of 45 countries out-of-pocket expenditures are still higher than 40% of the total health expenditure and in 22 countries the level of total health expenditure does not reach even the very minimal target of US$ 44.

Health financing in the region is characterized by low investments, lack of policies, extensive out-of-pocket payments, inefficient resource use, and weak mechanisms for coordinating partner support.

The entire healthcare value chain in Africa is in need of investment but most investments are catered towards opportunities that are capable of delivering compelling financial returns. To strengthen the health financing systems, many countries have implemented health financing reforms, but they are still in the emerging phase. While these reforms will support the objective of achieving Universal Health Coverage (UHC), how do we ensure that we get the maximum return for the healthcare investments that are being made in Africa, so as to sustain the current investments?

While the economic and technological advancements of the Sub-Saharan region provide opportunities to develop sustainable solutions to improve healthcare, effective solutions would require an integrative approach, strategic partnerships and new business models that cater towards critical factors that would promote economic growth, and also enable risk sharing and protection through public –private partnerships.

Sub-Sahara Africa is forecasted to be the fastest growing region in the world. These positive economic and technological developments, if managed effectively, can significantly increase the rate of returns on the investments made. For example, focusing on factors such as mHealth through digital technologies, human resource management, and supply chain management can ensure high quality and easily accessible care at lower costs. This would enable long-term cost savings, and therefore optimize the return on the investment through healthier societies and in turn, economic growth.

This year the second Africa Health Business Symposium, themed “Transforming PPPs for Health in Africa”, brings together all healthcare stakeholders on the continent to discuss these key elements that would encourage future healthcare investments and also build on elements to increase returns on existing investments. 

We are excited to continue on this journey to raise the African health sector to global standards through regional integration. The Africa Health Business Team is proud to announce the continued partnership with leading health players on the continent for this event-  General Electric (GE), Every Woman Every Child (EWEC) and Medtronic Foundation

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GE Healthcare confirms Platinum Partnership

Pictured: AHBL Director, Nishit Shah confirms partnership with Tonia Kariuki, CMO GE Healthcare

 

 

GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Their broad expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, drug discovery, biopharmaceutical manufacturing technologies, performance improvement and performance solutions services to help customers deliver better care to more people around the world at a lower cost.

GE Healthcare partners with healthcare leaders, striving to leverage the global policy change necessary to implement a successful shift to sustainable healthcare systems.

 

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Register Now

As an avid reader we extend this exclusive opportunity to be a part of this summit. 

Registration for any 1 day - $175

Registration for both days - $250

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Travel Partners

Ethiopian Airlines has offered a 15% discount on Business Class and 10% on Business Class tickets for this event. Please use the code AHB17  on the Ethiopian Airlines website, or simple click here to book pre-discounted fares.

Kenya Airways  has offered a 15% discount on Business Class and Economy Class tickets for this event. Please use this letter at your nearest KQ sales office when making reservations to benefit from these discounts.

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EVENT PARTNERS

      

      

     PharmAccess Foundation  Philips  

     IntraHealth 

 QuintilesIMS  

Fanem

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Follow Us:

For more details about the symposium, visit our website: www.africahealthbusiness.com

 To further explore our partnership and exhibition opportunities

contact:

Nishit Shah

Director

events@africahealthbusiness.com