IFC and Partners to Mobilize to Strengthen Private Health Care in Africa
By newsdesk - Posted on December 20th, 2007
New Report Sees Huge Demand for Investment over Next Decade
December 18, 2007 -- WASHINGTON -- A new report from IFC, a member of the World Bank Group, says spending on health in Sub-Saharan Africa is expected to double over the next 10 years. Investments of $25 billion to $30 billion will be needed to meet the demand, with the private sector playing a key role.
Entitled The Business of Health in Africa: Partnering with the Private Sector to Improve People's Lives, the report says the private sector already plays a significant role in delivering and financing health care for the region's people. On average, the private sector delivers 50 percent of health care goods and services.
Source: Bill & Melinda Gates Foundation
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