Business Heavyweights to Launch Private Sector Coalition on Health: The Aliko Dangote Foundation, the UN Economic Commission for Africa (ECA) and GBCHealth Will Launch the Africa Business: Health Forum on 12th February 2019 Alongside the African Union Summit

African Business, January 2019 | Go to article overview

Business Heavyweights to Launch Private Sector Coalition on Health: The Aliko Dangote Foundation, the UN Economic Commission for Africa (ECA) and GBCHealth Will Launch the Africa Business: Health Forum on 12th February 2019 Alongside the African Union Summit


Two of Africa's business heavyweights, Aliko Dangote and Aigboje Aig-Intoukhuede, founder of the Dangote Group and Access Bank respectively, are championing this event along with other eminent global and African private sector leaders. The event aims to bring together some of Africa's major players in business to engage actively to address the health challenges facing the continent.

The Africa Health Strategy 2016-2030 recognizes that providing access to quality healthcare at affordable rates is one of the most critical challenges facing Africa. Scarce public funds as well as limited and unpredictable donor aid are pushing countries to seek innovative sources of finance, making health financing a key policy issue in most countries.

For a more prosperous Africa to emerge we need to leverage private sector's unique capacity to mobilize resources and innovation to strengthen health systems. Stepping up investments in health is not only the right thing to do, but it's also good for business, meeting the demand will deliver strong financial returns.

Achieving the global Sustainable Development Goals opens an economic 'prize' of at least $12 trillion a year by 2030 for the private sector (10% of global GDP in 2030). Most of this from developing countries and from four sectors including health and wellbeing. This could also create about 380m jobs--90% of which will be in developing countries. By 2030, business opportunities in the health and wellness sector will reach $1.8 trillion in current prices.

Launch of the Healthcare and Economic Growth Report

The Forum will see the launch of the report, "Healthcare and Economic Growth in Africa". Preliminary findings of the report were unveiled this September in New York on the margins of the 73rd UN General Assembly. The report calls for greater African private sector involvement and investment in healthcare by underscoring the importance of improving health to drive Africa's economic growth, recognizing the need for the private sector to play a significant role in improving Africa's health outcomes, and identifying opportunities for the private sector to strengthen national healthcare systems by improving access to quality products, information and services through public-private partnerships. Vera Songwe, the Executive Secretary of ECA said "Africa's population bulge and its abundance of young people is a competitive asset. This asset however must not become a fiscal burden. Crowding in private sector financing will help spread the costs of health care, and create more fiscal space for governments while improving overall well-being."

Within this context, the Forum aims to bring leaders from the private sector to take greater ownership of Africa's health challenges by working closely with national policymakers. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Business Heavyweights to Launch Private Sector Coalition on Health: The Aliko Dangote Foundation, the UN Economic Commission for Africa (ECA) and GBCHealth Will Launch the Africa Business: Health Forum on 12th February 2019 Alongside the African Union Summit
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.