Medical Credit Fund reached a disbursement milestone of $100 million in capital. As the only fund fully dedicated to the African health sector, its support has been critical for the continuation and improvement of care in many sub-Saharan regions, especially in the past crisis year.
The Corona pandemic has put private facilities under increased pressure. For many, 2020 has been a year of fluctuating patient visits and increased expenditure on protective equipment. Arjan Poels, managing director of MCF said: ‘’We wanted to avoid at all costs that facilities had to close their doors because of COVID-19. The private health sector provides about 50% of Africa’s healthcare. Ceasing health businesses would result in many more people being unable to access care, especially in rural or hard to reach areas as well as unofficial urban settlements’’.