The African region is seen to be one of the most sought after markets globally for healthcare investments, having experienced stellar growth over the last decade and showing no sign of slowing down in the near future. According to a report by the IFC, the private-sector arm of the World Bank, it is estimated that by 2022, Africa will need $25bn-$30bn in investment in physical healthcare assets alone, including hospitals and clinics.
This investment is sorely needed. An article published by the World Economic Forum noted that Sub-Saharan Africa accounts for only 13% of the world’s population, despite bearing 24% of the global burden of disease – most of which comprises preventable illnesses.
According to Ryan Sanderson, Exhibition Director at Informa Life Sciences Group Africa – organisers of Africa’s largest healthcare conference, Africa Health - the pressure to identify real solutions for Africa’s healthcare challenges should be a critical consideration for any entity looking to invest in the region.
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