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South African is not the only country in Africa with a tangible National Development Plan. Côte d’Ivoire, ranked 167th by the World Bank, articulated its economic strategy in 2012. The country aims to become a significant player in the emerging markets by 2020. To this end, it has developed a strong-minded foreign policy, which has helped its position as a leading economic power in West Africa region.
These are exciting times for healthcare. Emerging economies around the world are focussed on innovation and developing new business models for the sector, with governments in Africa working towards Universal Health Coverage for their populations. What are the benefits and challenges to be expected from this?
According to the World Health Organisation, Africa has one seventh of the world’s population yet carries almost one quarter of the global disease burden. Healthcare continues to be elusive for much of the continent’s population, particularly in Sub-Saharan Africa, a region considered to have the worst healthcare in the world.
When it comes to telecommunications, Africa is a continent of great opportunity. With at least 500 million potential mobile subscribers, it presents a massive consumer market when compared with the slowdown in subscriber growth in the rest of the world. With only a 55% penetration mobile penetration rate across 22 African markets, due to factors such as cost, interest by foreign investors in this market continues to grow at a steady pace.
Healthy populations with access to high-quality health services lead longer and more productive lives, resulting in stronger and more financially secure families, communities, and countries. At KPMG, we are passionate about finding a solution for effective delivery of healthcare, to all people, across the continent.
Although ratifications are a necessary step to securing women’s rights in Africa, major challenges remain in relation to the deeply embedded social and cultural norms of African culture.
These are exciting times for healthcare. Emerging economies around the world are focussed on innovation and developing new business models for this sector, with governments in Africa working towards a Universal Health Coverage for their populations.
Representing the world’s fastest-growing emerging markets, the Brazil-Russia-India-China grouping added South Africa to its ranks in 2011. Together the BRICS countries account for 42% of the world’s population …