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Presentations held at Corporate Council on Africa (CCA) US-Africa Private Sector Health Forum
On Thursday, Managing Director Onno Schellekens held a presentation on how PharmAccess in general and in particular the Health Insurance Fund, is delivering quality basic health care, including HIV/AIDS treatment and care for low-income people in Africa. On Friday, Tony Carroll, consultant to Investment Fund for Health in Africa (IFHA), presented how the innovative financial mechanism of IFHA (IFHA’s implementing partner is PharmAccess) is contributing to the financing of health in Africa.
Schellekens explained how PharmAccess is, as he called it ‘building islands of sufficiency’, through stimulating supply and demand in the health sector at the same time. He particularly deliberated on the key characteristics of the Health Insurance Fund. By providing private health insurances for targeted low-income groups the Health Insurance Fund stimulates the demand side. Schellekens demonstrated this by showing the promising results of two health insurance scheme in Nigeria.
The presentation by Carroll demonstrated how the innovative approach of IFHA stimulates the supply side by investing in healthcare providers and pharmaceutical distributors in Africa. The investments make it possible for these companies to answer to the growing demand.
For PharmAccess, as an European organization, it was special to be present at this US-Africa forum. Normally, mainly private and public sector leaders, companies and financial institutions from the US ad Africa participate in CCA conferences.
