ABCHealth: Mobilizing African Business to Change the Face of Health in Africa

Svetlana KouzminaNews

GBCHealth, Aliko Dangote Foundation and the UN Economic Commission for Africa jointly hosted the inaugural Africa Business: Health Forum on the margins of the 32nd African Union Summit in Addis Ababa, Ethiopia on February 12, 2019. The Forum was attended by nearly 350 participants; It brought together leaders from government and business with a strong appeal for greater collaboration between the private and the public sectors on health outcomes. Click here press release and forum website for more information.

CAMA Co-chairs – Access Bank and Chevron, participated actively at the forum. Access Bank was also a key sponsor at the Forum. Aliko Dangote Foundation (ADF), one of CAMA’s leadership members, championed both the event and launch of ABCHealth in partnership with GBCHealth.

The African Business Coalition for Health (ABCHealth) was launched at the Forum as a platform to further mobilize the private sector around the African health agenda, helping to ensure that talk transitions to action. ABCHealth is a private sector led coalition of companies and philanthropists coming together to positively transform health care for Africa’s growing population. Business and public sector leaders at the forum lauded this initiative as a timely game-changer to improve the health sector in Africa. ABCHealth is a vision of GBCHealth and Aliko Dangote Foundation. Visit ABCHealth website for more information.

The ‘Healthcare and Economic Growth in Africa’ Report was also launched, which highlights different ways of mobilizing domestic resources, including increasing tax revenue through new taxes and improved tax administration, reducing the debt burden by increasing borrowing, debt-to-health swaps, and reducing illicit financial outflows, among other measures. It also highlights a range of for-profit opportunities for private sector, including laboratories and diagnostics, service delivery and financing, skills development, research and capacity building, health insurance and digital health innovations – taking advantage of improved access to Africa’s markets as the Continental Free Trade Area gains pace. Please click here for the report.

Svetlana KouzminaABCHealth: Mobilizing African Business to Change the Face of Health in Africa