Washington, D.C., December 14, 2021— Malaria No More CEO Martin Edlund issued the following statement on the announcement that the Medical Credit Fund has raised EUR 32.5 million:
The Health Finance Coalition (HFC) congratulates the Medical Credit Fund on the close of its second fund (MFC II) now complete at EUR 32.5 million. This fund— which will provide much-needed access to loans for frontline healthcare providers in Africa to grow their businesses and serve the public — benefits from a guarantee facility initiated by HFC and its partners, with support from the U.S. Development Finance Corporation (DFC), the Rockefeller Foundation, the Skoll Foundation, the MCJ Amelior Foundation, with additional support from the U.S. President’s Malaria Initiative. HFC is honored to support MFC II, particularly to speed COVID recovery and resilience in the health sector.
About the Health Finance Coalition:
The Health Finance Coalition (HFC) was launched by a group of leading philanthropies, investors, donors, technical partners convened by WHO Ambassador for Global Strategy and Health Financing Ray Chambers and hosted by Malaria No More. The HFC seeks to attract an unprecedented level of private-sector investment to impact millions of lives and accelerate progress to ensure healthy lives and promote well-being for all, a UN Sustainable Development Goal 3. The coalition uses public and philanthropic funding to encourage private-sector capital investment in transformative healthcare impact in Sub-Saharan Africa.
About Malaria No More
Malaria No More envisions a world where no one dies from a mosquito bite. More than fifteen years into our mission, our work has contributed to historic progress toward this goal. Now, we’re mobilizing the political commitment, funding, and innovation required to achieve what would be one of the greatest humanitarian accomplishments – ending malaria within our generation. For more information, visit www.malarianomore.org.