Significant advancements in sub-Saharan Africa’s health care in the last decade are giving the International Finance Corporation’s Biju Mohandas “many reasons for optimism.”
4 “essential elements” are driving change:
- Government-led efforts to achieve universal health coverage
- Market-led consolidation of health care providers allowing economies of scale and freeing up salary dollars to attract professionals
- Major private-equity investors injecting funds into brownfield and greenfield developments and better business strategies
- Digital technology allowing for better data collection and telemedicine to further the reach of services to remote areas
“While a lot more remains to be done, Africa’s health-care sector is at an exciting crossroads,” Mohandas says.