Transform Health Fund raises $111 million, eyes more healthtech startup
- AfricInvest closes Transform Health Fund at $111 million.
- The fund aims to boost innovative healthcare models across Africa.
- Key investors include the International Finance Corporation (IFC) and Proparco.
The establishment of the Transform Health Fund represents a significant step towards addressing the healthcare challenges in Africa. By leveraging blended finance models and focusing on local enterprises, the fund not only aims to improve immediate health outcomes but also fosters long-term sustainability in the healthcare sector. This approach could serve as a blueprint for future investments in other critical sectors across the continent.
