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Sub-Saharan Africa

 

FREE BLOG PPPs for Africa?

The African Healthcare Summit 2016 in London was all about Public-Private Partnerships (PPPs) in which hospitals are built or operated by private operators. PPPs were mentioned by no fewer than seven ministers for healthcare at different African countries.

Abraaj’s Global Healthcare Fund may miss $1bn target

Abraaj has raised $250m for its Global Healthcare Fund, but should make it to $400m, according to investor sources. A second close is likely at $750m but Abraaj is unlikely to hit the $1bn target it had planned in 2014.

Interview: Helmut Schuehsler, Chairman & CEO, TVM Capital Healthcare Partners

In 25 years TVM Capital, the business where Schuehsler is at the helm, has invested over $1.5bn in life sciences. Yet, five years ago, he took the remarkable personal decision to move from Munich to Dubai and to build a completely new arm to invest in healthcare services in Emerging Markets. Since then, Dubai-based TVM Capital Healthcare Partners and co-investors have invested some $150m in five investments, ranging from Egypt to India. He is now raising a third fund of $300m for another dozen investments.

Kenya adopts biometric identity as it rolls out universal health cover

Kenya is following Ghana in adopting a biometric fraud system offered by Genkey, a biometric identity management, through the National Health Insurance Fund (NHIF). The country’s president, Uhuru Kenyatta, pledged 25m Kenyans would be covered by the end of 2015. But how effective is biometric identity in stopping healthcare fraud?

FREE BLOG An economy driven by healthcare or poor health driven by the economy?

In her opening address to the World Health Assembly last month, WHO Director-General, Dr Margaret Chan said: “This is a unique time in history where economic progress is actually increasing threats to health, instead of reducing them.” The statement suggests our current approach to economic and social progress is flawed and contributing to poor health. Not just poor health, in fact, but a global epidemic of non-communicable diseases.

Mediclinic reverses strategy and swoops on Spire

Mediclinic, the big South African hospital operator, has snapped up a 29.9% stake in Spire, the UK’s second largest hospital group for £432m. The move surprised analysts, who said that as recently as February 2015, Mediclinic management was saying it had no plans to invest in mature, developed markets. Shares in Mediclinic at ZAR 10,317 are up just 3% on the announcement of the deal. Meanwhile, talks between Netcare, the largest South African group and Mater Private, the second largest Irish player, have collapsed.

Interview: Dr Peter Cole, managing partner at Lancet Laboratories

South African diagnostic lab group Lancet is consolidating the African lab market, expanding into 12 countries in 12 years. We speak to managing partner, Dr Peter Cole, about the South African healthcare services market generally, the different African markets and the challenge posed by European and Indian competitors.

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