. Why did IFC do this report, what was the goal, and where is it available?
What are the key findings?
How is IFC responding to the findings? What are the main elements of IFC’s strategy?
IFC will work with local businesspeople, financial intermediaries, and policymakers as well as donors and other interested stakeholders in the international community to address the health care challenges identified in the report. IFC and its partners are planning to mobilize up to $1 billion of investment and advisory services over the next five years. IFC’s strategy includes:
Creating an equity investment vehicle ($100 million to start, and up to $300-350 million over five years) to provide health care entrepreneurs and businesses, including those involved in medical education, with better access to equity and expertise
Partnering with local financial institutions to improve access to long-term debt for health care organizations ($400-500 million over five years)
Providing advisory services to build capacitywithin local financial intermediaries and the health care companies they lend to
Expanding the activities of IFC’s life sciences team in the region
Helping expand education of health care workers through public-private partnerships
Encouraging development of health insurance companies
Improving the environment for private health care to flourish, including:
a. Supporting in-depth country assessments of the business environment for private health care
b. Working with governments to reform private health care regulation and expand formal public-private partnerships
c. Producing a biannual report highlighting the health care investment climate across Africa and successful models of public-private interactions and private sector activity
Why is IFC involved in health care? Isn’t that what governments do?
Does the report advocate privatizing health care systems in Africa? Does IFC advocate that?
Many in the public health community oppose private sector involvement in health. What is IFC's view?
What will prevent medical professionals in public sector hospitals from leaving for better-paying jobs in the private sector?
Doesn’t Africa’s private health sector mainly serve the rich?
Do private sector clinics and hospitals offer free or subsidized services for Africa’s poor?
What is IFC’s view on user fees in health care?
Is collaborating with foundations a new trend for IFC? How is the Gates Foundation involved in this report?
Who is your target audience? What kind of partners are you looking for?
What organizations do you expect will participate in the equity vehicle?
What kinds of opportunities do you see for investors?
What kind of investors do you think will be needed to grow the region’s private health sector?
Why do life sciences matter in Sub-Saharan Africa?
Is Africa’s investment climate good for business?
How did you collaborate with the World Bank and NGOs on this report?
How will you publicize the report and IFC's response? How will you ensure that the report is seen by target audiences?
Who was responsible for preparing the report? What subsectors does it cover? What countries are covered?
Who should investors and other stakeholders contact to receive more information?
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