To achieve the world’s ambitious global health goals (SDG 3), we need to mobilize significant new sources of funding that build on current donor and government spending for global health outcomes.

A new Health Finance Coalition brings together leading philanthropies, health donors, technical partners, and institutional investors to pair concessional and commercial funding in a “capital stack” approach to address some of Africa’s biggest health challenges.

The World Health Organization estimates an annual funding gap of approximately USD $240 billion to achieve SDG 3. The most pressing needs are in sub-Saharan Africa, which bears 93% of global malaria cases and 94% of global malaria deaths. Currently, just 1.6% of the annual $500 billion global impact capital market is invested in the health sector in Africa.



The Health Finance Coalition seeks to identify, structure, and execute a series of deals to demonstrate the potential of blending concessional and commercial investment capital to meet critical financing needs of the global health ecosystem and deliver competitive, risk-adjusted financial returns.

These investments will focus on areas of need and opportunity such as supply chain transformation and public-private models for primary care delivery. However, in response to COVID-19, the coalition is looking to mobilize initial deals that will provide material aid to Africa's response to the pandemic.

The Coalition is led by Malaria No More with financial support from the Rockefeller Foundation and The MCJ Amelior Foundation.


The MCJ Amelior Foundation

Total Impact Capital

Rockefeller Foundation

The Clinton Health Access Initiative


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