Not All Gloomy for African Healthcare Markets: Frost & Sullivan Finds Potential Despite the Recession
“Countries that have been hardest hit are those whose economies are largely driven by commodity exports,” says Frost & Sullivan (http://www.healthcare.frost.com) healthcare analyst Ishe Zingoni. “In some countries, plunging commodity prices have led to mine closures and mass lay-offs. Medical aid schemes, which cater mostly for the mining sector, are consequently facing dwindling membership bases.”
The global recession has also weakened African currencies, thus raising the cost of imported products. In addition, with most donor countries in recession, uncertainty persists whether donors will be able to fulfill on their pledged contributions to a continent where foreign aid remains the bedrock of healthcare funding.
To offer decision makers a comprehensive overview of the effects of the global economic slowdown on Africa’s healthcare markets, the Healthcare Group at Frost & Sullivan will be hosting an online analyst briefing on Tuesday
“Healthcare markets in
The presentation will benefit suppliers of healthcare products, decision makers in funding institutions and healthcare investors by accurately discussing the impact of the crisis on the prospects of healthcare companies in
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