Across sub-Saharan Africa, 50 per cent of healthcare is provided by the private sector.As populations continue to rise, the demand for affordable, quality healthcare has never been greater.
The Medical Credit Fund is the only fund dedicated to financing small and medium-sized healthcare facilities in Africa.
Increasing access to better healthcare
Established in 2009 as part of the PharmAccess Group, our vision is simple: to increase access to better healthcare services in sub-Saharan Africa for low-income patients.
In complementing the public health system across Africa, the private healthcare sector faces many challenges. Predominately, limited capacity and quality of care. For small and medium enterprises (SMEs), it is even more challenging to access loans to invest and expand their healthcare facilities and services.
Who can access loans?
- Healthcare SMEs: hospitals, health centers, dispensaries, maternity homes and nurse-driven clinics.
- Specialist care providers: diagnostic centers, laboratories, and pharmacies.
- Healthcare businesses catering to health facilities, distributors of drugs, training institutes and equipment providers.
The fund now stands at approximately US$45m, with loans varying from US$1,000 to a maximum loan size of US$2.5m.
Angola, Benin, Botswana, Burkina Faso, Burundi, Cabo Verde, Cameroon, Central African Republic, Chad, Comoros, Congo, Congo, Democratic Republic of the, Côte d'Ivoire, Djibouti, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Northern Africa, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Tanzania, United Republic of, Togo, Uganda, Zambia, Zimbabwe