An inspection of the African health sector reveals a mixed picture. There is much to be optimistic about, yet there are still significant challenges. Despite having 14% of the world’s population, the continent bears 25% of the global disease burden, with less than 1% of the world’s financial resources and only 3% of the world’s health workforce. Less than 30% of the population has access to basic healthcare.
Mr. Nishit Shah
UNECA estimates that health business opportunities in Africa will be worth as much as $259 billion by 2030. Additionally, the African Continental Free Trade Agreement (AfCFTA) represents an opportunity to prioritise health in all trade policies and programs and increase integration between African nations.
Investing in African health systems is an opportunity to accelerate economic development and growth, contribute to saving millions of lives and prevent life-long disabilities. Such investment will move countries closer to achieving objectives of national poverty reduction strategies and the Sustainable Development Goals (SDGs).