AfDB Invests in Private Health Fund

The African Development Bank pledged to provide 10 million euros for the Investment Fund for Health in Africa. IFHA is a private-equity vehicle that aims to boost the capital of small and medium-sized enterprises engaged in Africa’s health sector.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.