In an interview with the Health Finance Coalition, Rowena Luk, founder of Africa Heath Ventures and host of “The Africa Health Ventures Podcast”, discusses investing in early-stage health ventures in Africa.
In an interview with the Health Finance Coalition, Rowena Luk, founder of Africa Heath Ventures and host of “The Africa Health Ventures Podcast”, discusses investing in early-stage health ventures in Africa.
Emerging markets, or economies transitioning into developed economies, shoulder a disproportionate share of the global disease burden, but their health systems are often underfunded and overwhelmed. For example, according to the World Health Organization (WHO), African countries, are exposed to 25% of the global disease burden yet receive less than 1% of the global health expenditure.
Today, millions of women, children and adolescents do not have access to the healthcare they need, particularly in low- and middle-income countries: every two minutes, a woman dies from complications in pregnancy and childbirth. Government health budgets face a $33 billion funding gap to address this. The private sector is a crucial partner in increasing access to services and securing greater financial investment.
We are delighted to announce that the Health Finance Coalition (HFC) has received an ecosystem catalyst grant of CAD $500,000 from Grand Challenges Canada. This critical investment will help strengthen health systems in sub-Saharan Africa.
Global spending on health reached $9 trillion in 2020, a “new high,” according to the World Health Organization. But with multiple ongoing crises, climate change, and the impact of COVID-19 on budgets, everyone’s looking at ways to raise more funding to help address increasing health needs and prepare for future threats.
Global spending on health reached $9 trillion in 2020, a “new high,” according to the World Health Organization. But with multiple ongoing crises, climate change, and the impact of COVID-19 on budgets, everyone’s looking at ways to raise more funding to help address increasing health needs and prepare for future threats.
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