Healthcare
Healthcare is one of the topmost priorities in the development goals of Africa. Although governments across Africa have been successful in bringing a change in the mortality rates and increased life expectancy, there is still a lot of scope for improvement in this sector.
In Focus
In Focus
- The African health scenario is going through a change with disease mix tilting toward non-communicable and chronic diseases instead of communicable diseases.
- Out of pocket expenditure is a major concern which puts strain on household finances.
- Rapid urbanization is reducing the cost of reaching patients, thereby bringing down the cost of healthcare services.
- Many African countries have adopted Universal Health Coverage and they are aiming to make it a reality by 2030.
Opportunities
Opportunities
- Healthcare infrastructure is a sector that has a lot of potential for growth and improvement. Modern-age digital technology can help penetrate into rural areas especially where accessibility is a major concern.
- Making medicines accessible and affordable is another area that needs immediate attention. Local production and improvements in supply-chain management will help bring the costs which in turn will reduce expenditure burden.
- Health literacy and community outreach is another area that offers avenues for investment. Capital flows to this area can assist initiatives to bring awareness about safe sexual practices, mental health concerns, disease prevention etc.