Africa in BusinessAfrica in Business

The Outcome Finance Alliance (OFA) Summit explores strategies for making pay-for-success financing instruments cost-effective and scalable

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The South African Medical Research Council (SAMRC), in partnership with the Presidency's Presidential Youth Employment Intervention, hosted the Outcome Finance Alliance (OFA) Summit, to explore strategies for making pay-for-success financing instruments cost-effective and scalable. The summit also aimed to support development agencies and governments in advancing the UN Sustainable Development Goals. The South African Medical Research Council leveraged the event to identify pathways for expanding public-private partnerships that can accelerate the impact and institutionalisation of outcomes-based financing, in addressing high HIV rates and broader pressures on South Africa's health system. Innocent Semosa spoke to Professor Fareed Abdullah, the Director at the Office of AIDS and TB Research at the South African Medical Research Council...

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