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Health Support

To help Africa address its health care challenges, OFSDAT is working with local business people, financial intermediaries, policy makers, donors, and other stakeholders in the international community.

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The health care professionals on the ground in Africa know the frustrations first hand: counterfeit pharmaceuticals; shopping malls equipped with air-conditioning, while sweltering medical clinics limp along without it; much-needed medical equipment such as MRI machines getting caught up in the gridlock of international customs.

Africa, too, is confronting an increased demand beyond the treatment of AIDS, malaria, and other communicable diseases to address the non-communicable ones such as hypertension, which are growing as the middle class increases.

Health care in Sub-Saharan Africa remains the worst in the world, with few countries able to spend the $34 to $40 a year per person that the World Health Organization considers the minimum for basic health care. And despite widespread poverty, an astonishing 50% of the region’s health expenditure is financed by out-of-pocket payments from individuals.

Donor attention has yielded remarkable efforts to fight HIV/AIDS, tuberculosis, and malaria. But most of the region lacks the infrastructure to deliver health care and faces a severe shortage of trained medical personnel. As Africa's economies improve, the demand for good quality health care will only increase further. 

How OFSDAT Will Help

To help Africa address its health care challenges, OFSDAT is working with local business people, financial intermediaries, policy makers, donors, and other stakeholders in the international community by:

  • Creating an equity investment vehicle for health care entrepreneurs and businesses.
  • Partnering with local financial institutions to improve access to long-term debt for health care organizations.
  • Providing advisory services to build the capacity of local financial intermediaries and health care companies.
  • Expanding the activities of OFSDAT’s life sciences team in the region.
  • Helping expand education of health care workers.
  • Encouraging development of health insurance companies.
  • Improving the business environment by working with governments to reform private health care regulation and expand public-private partnerships.
  • Supporting country assessments and a biannual report on the health care investment climate.

The private sector will continue to play a key role in improving the health of Africa’s people, and health expenditure will continue to grow rapidly. Donors, governments, and the investment community each have a role in developing a responsible, sustainable, and vibrant private health care sector in Africa.

Let’s save lives!

Your donation today will bring a huge turn around in health care sector across Africa.

Address

Kingsempire Place, After Citiscape Villa, Opposite Human Right Radio Station, Game Village, Kukwaba, FCT-Abuja, Nigeria

Contacts

Email: info@ofsdat.org
Phone: +(234) 809 249 9990

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