By Shifali Gupta, Investment Fellow @ VestedWorld, Northwestern Kellogg MBA ’20
A brief look at the gap in healthcare
Sub-Saharan Africa bears over 24% of the global disease burden, but is home to only 3% of the global health workforce. On average, there are 3 physicians per 10,000 population compared to OECD countries that have 10x the number. In fact, according to WHO’s estimate, African nations would need to increase their health workforce by about 140% to achieve enough coverage for essential health interventions.
In addition to the sheer shortage of healthcare professionals, the workforce is concentrated in the major towns and cities, while rural areas can only boast of about 25% of a country’s doctors and nurses on average. Moreover, brain drain affects Sub-Saharan Africa disproportionately. …
By Lavanya Anand, Vice President @ VestedWorld and Jeff Stine, Managing Director @ VestedWorld
For a moment, imagine travel restrictions are lifted. You’ve just returned to your safari lodge after an awe-inspiring trek observing a family of gorillas in their natural habitat at Rwanda’s Volcanoes National Park. You sit down for lunch and you’re welcomed with the freshest meal you’ve had in ages — tree tomato gazpacho and roasted beetroot tartar as appetizers and roasted duck with butternut squash puree as your main course. You may be surprised at the quality of the food. You may be wondering where and how this remote lodge sourced such fresh ingredients. Of course, East Africa, and Africa more broadly, has long been known for its incredible wildlife and landscapes, but not necessarily its culinary scene. As tourism continues to grow, establishments like restaurants, hotels, and conference venues also become more suitable for global travelers like you. …
By Corbett Schmitz, Investment Fellow @ VestedWorld and MBA, Northwestern Kellogg ‘20
I. INTRODUCTION AND OVERVIEW OF URBAN SERVICES
By 2100, Africa is expected to outpace every other continent in population growth. According to Pew Research Center, Africa’s population will grow from approximately 1.3B today to approximately 4.3B before the century ends¹, and this growth is expected to disproportionately impact cities with 56% of the continent’s population expected to live in urban areas by 2050².
Urban services — defined as any industry that supports the fundamentals of urban life (e.g., waste management, education, transportation) — already struggle to keep pace with Africa’s population. For example, only 44% of municipal solid waste is currently collected³ and 66% of the continent lacks access to improved sanitation, as defined by the WHO⁴. …