Patterns of African healthcare funding: investment implications for public-private partnerships
Texila International Journal of Public Health
; 9(2), 2021.
Article
in English
| CAB Abstracts | ID: covidwho-1876345
ABSTRACT
The coronavirus global pandemic now poses additional peril to the already burdened healthcare systems with inadequate funding in Africa. This paper attempts to present the funding patterns for healthcare in Nigeria, Congo, Tanzania, Egypt, and South Africa. It also explored investor opportunities for lowering OOPs and increasing investor profits. Data were drawn from the WHO, the World Bank, and world charts databases. Government health expenditure was far below what individuals and families pay from out-of-pocket payments (OOPs) for healthcare services except in South Africa, where OOP accounts for only 8%. Contrary to popular notion, donation funds or foreign aid for healthcare accounts for a lower percentage of total healthcare expenditure in the countries under consideration. Households mostly bore the healthcare expenditure burden (Nigeria's OOPs of 77%, Congo- 48%, and Egypt- 60%). Averagely, Nigeria and Congo only spent about 3% of their national budget on healthcare. In comparison, Tanzania and Egypt spent an average of 4% and 5% (South Africa-8%) between 2010 and 2017, reflecting low-risk protection for households. Specific aspects for investments through public-private partnerships (PPP) reviewed in this paper should include designing innovative financing models focusing on risk pooling mechanisms to help bridge the funding gap, local production, and manufacture of pharmaceuticals and healthcare equipment at this time, instead of importation. Investors can, therefore, take advantage of the various initiatives outlined in this paper to achieve better health outcomes in Africa.
Health Economics [EE118]; Health Services [UU350]; Prion, Viral, Bacterial and Fungal Pathogens of Humans [VV210]; coronavirus disease 2019; expenditure; families; funding; funds; health care; health care costs; health services; households; pandemics; private sector; public sector; risk; viral diseases; man; Africa; Congo; Egypt; Nigeria; South Africa; Tanzania; ACP Countries; Central Africa; Africa South of Sahara; Francophone Africa; lower-middle income countries; medium Human Development Index countries; high Human Development Index countries; Mediterranean Region; Middle East; North Africa; Homo; Hominidae; primates; mammals; vertebrates; Chordata; animals; eukaryotes; Anglophone Africa; Commonwealth of Nations; low Human Development Index countries; West Africa; Southern Africa; upper-middle income countries; East Africa; Least Developed Countries; SADC Countries; public-private sector partnerships; subsaharan Africa; Republic of the Congo; Misr; Tanganyika; viral infections
Full text:
Available
Collection:
Databases of international organizations
Database:
CAB Abstracts
Language:
English
Journal:
Texila International Journal of Public Health
Year:
2021
Document Type:
Article
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