Swedfund commits $5m to healthcare vehicle
Swedfund invested $5 million into the Transform Health Fund (THF), managed by AfricInvest. It is a blended-finance fund that will invest in African healthcare. The aim is to scale up proven and innovative models and initiatives that improve access to affordable care, thereby increasing the quality and accessibility of health care across Africa.
Specifically, THF will prioritise investments in sub-Saharan Africa in three critical areas targeting low-income patients: supply chain transformation, innovative care delivery models, and digital innovation.
”Swedfund works in various ways to find business models and partners that enable us to reach more people who currently do not receive care, given the great needs that exist. This is a typical such investment. By financing healthcare in developing countries, conditions are created for medical expertise to be maintained and developed in the countries and it can be passed on to other healthcare facilities,” says Sofia Gedeon, investment director at Swedfund.