The pan-African Transform Health Fund (THF), which is run by AfricInvest, has closed its first $50 million round of financing, according to the Health Finance Coalition. The THF will start investing in cutting-edge models with the first closure in order to increase healthcare access, affordability, resilience, and quality in Africa.
THF is a cutting-edge blended finance fund that will finance locally run healthcare supply chains, healthcare delivery, and digital solutions throughout Africa. The THF will offer risk-adjusted returns to investors while providing loan and mezzanine financing to build high-impact health enterprises serving vulnerable areas.
While working to accomplish the Sustainable Development Goals and Universal Health Coverage, the Fund is anticipated to strengthen healthcare systems in Africa, which suffer severe funding and capacity deficits. These issues are made more difficult by COVID-19 and climate change.
