June 2019

New Partnership: Financing for MOMs

CII helped convene a $50 million partnership between Merck for Mothers, OPIC, Credit Suisse and USAID called the Financing for MOMs (Maternal Outcomes Matters) Alliance, which was announced at the Women Deliver conference on Tuesday, June 4th. The Alliance aims to mobilize private capital to improve maternal and child health by strengthening and expanding infrastructure, services, and access to care in Sub-Saharan Africa. USAID will be providing technical assistance as its contribution. The collaboration will help more women receive high quality care to ensure a healthy pregnancy and safe delivery, and lay the foundation for lifelong good health. Read the press release.

Unlocking Private Capital to Achieve Impact in Global Health

USAID CII and the UBS Optimus Foundation co-hosted an event at UBS Offices in New York City for a conversation with key stakeholders on best practices in innovative financing for global health and development. The panel of experts discussed the role of private capital and impact investing in development, provided examples of how these approaches are being applied currently, and looked to the future to see what new innovative financing approaches are being considered to achieve development goals. Amy Lin and Omer Imtiazuddin from CII highlighted USAID's Private Sector Engagement Strategy as well as the recently launched CII report: Unleashing Private Capital for Global Health Innovation: Innovator and Investor Support Opportunities.

Project Last Mile 2019 Impact Report [PDF, 3.7MB]

Project Last Mile (PLM) just released their 2019 impact report. PLM is a pioneering cross-sector partnership between the Global Fund to Fight AIDS, Tuberculosis and Malaria (the Global Fund), the United States Agency for International Development (USAID), the Bill & Melinda Gates Foundation and The Coca-Cola Company and its Foundation that is improving the availability of life-saving medicines and the uptake of health services in Africa by sharing the expertise of the Coca-Cola system. For example, PLM has optimized delivery routes for over 3,500 health facilities in Tanzania and Mozambique, and developed proactive maintenance and repair systems for over 392 refrigeration units in Lagos, Nigeria. Read the report [PDF, 3.7MB].

GES Panel: Efforts to Create Innovation-focused Health Economies

This month Amy Lin moderated a panel at the Global Entrepreneurship Summit (GES) in the Hague that featured HHS Deputy Secretary Eric Hargan, Royal Philips CEO Frans van Houten and the Netherlands Minister of Health Erik Gerritsen. The discussion focused on enabling factors and the role of government and the private sector in building innovation-focused health economies.