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IFC Bolsters Financing for African Health-Care Businesses
LAGOS (Capital Markets in Africa) — The International Finance Corp. has started a $300 million fund for small and medium-sized health-care businesses in Africa to enable them to access essential medical equipment and boost their ability to deal with the coronavirus and other health challenges. Most smaller health-care operators can’t secure bank loans due to their perceived high investment risks, even as they serve more than half of the continent’s population, the IFC said in…
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