Loan facility to address COVID-19 impacts on African health care
The Malaria No More Health Finance Coalition has announced the launch of a $30 million emergency loan guarantee facility for private small- and medium-size enterprise (SME) health providers in five African countries.

To be managed by Malaria No More, the Open Doors African Private Healthcare Initiative will work to address the economic impacts of COVID-19 on the private health sectors in Ghana, Kenya, Nigeria, Tanzania, and Uganda. To date, the initiative has received a $700,000 investment from the U.S. President's Malaria Initiative, enabling a $17.7 million loan guarantee from the U.S. International Development Finance Corporation, and grants totaling $1.5 million from the Rockefeller, Skoll, and MCJ Amelior foundations. Combined with additional support from the USAID's Center for Innovation and Impact, the effort is on track to unlock $30 million for SME health providers in the five countries.