i3 Consult Launches Business Operations in East Africa
Healthcare investment In the East African region has grown year-on-year
in the past decade. The opportunities in the region are enormous, with a
regional capital demand for the sector beyond $10 billion. Although no
East African country has met the Abuja Declaration target of spending at
least 15 percent of its GDP on its healthcare, Rwanda nonetheless is on
course, financing 7.5 percent of its GDP on health services, followed
by Uganda at 7.2 percent, Kenya 6 percent and Tanzania at 5.6 percent.
This stark reality is counteracted by growing challenges associated with
increasing incomes, one of the youngest workforces by region in the
world, as well as changing consumer preferences for better healthcare
provision and affordable healthcare insurance cover. The healthcare
space in the East African region requires consultancy service providers
like i3 Consult who can bring together experts across multiple verticals
in the 4Ps of the healthcare space – pharma, provider, payor and of
course patient segments. i3 Consult has therefore set up office in
Nairobi, Kenya to be able to step into these verticals and provide
global as well as localised solutions in its quest to change the
healthcare landscape in sub-Saharan Africa for the better while finding
strong financial returns. Our East Africa regional office will be
spearheaded by our regional Business Development Manager, Brian Kosgei
who will bring in a wealth of both local and global knowledge and
expertise.
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