KEY SECTORS / HEALTHCARE
Healthcare
An underserved healthcare sector with enormous growth potential.
$116 Million
Population in 21 urban cities
5th
Largest economy in Africa
3rd
Fastest Growing Economy
Ethiopia represents an
attractive investment
opportunity for investors
in the healthcare sector
While significant investment — both public and private — has been flowing in the health sector to provide services, there is still a significant unserved market for specialized medical services.
There are over 28,000 healthcare service providers in Ethiopia. This is not sufficient for the growing Ethiopian population--Ethiopia's hospital beds ratio is one of the lowest in the world at level of 0.3 units per 1,000 people. At the tertiary healthcare level, there are only 364 hospitals in the country. Only 17% of hospitals are private, leaving a huge gap for private healthcare operators to cater to the growing middle-class community.
As 85% of the private hospitals are in Addis Ababa, there is a significant opportunity for healthcare providers in the interior of the country.
As 85% of the private hospitals are in Addis Ababa, there is a significant opportunity for healthcare providers in the interior of the country.
Invest in ethiopia
A ripening market offering quick win opportunities
Ethiopia has a large and growing unserved market
The lack of specific healthcare services is forcing many to seek care in Thailand, India and the USA. Annually, more than 6,000 patients travel overseas for treatment including orthopedics, cancer, cardiovascular procedures, renal transplant, neurosurgery and ophthalmology — spending less than $120 million annually. Many advanced laboratory and pathology tests including hematologic malignancies, solid tumors biopsy, immune histochemistry, genetic sequencing (chromosomal tests), SLE, scleroderma and serum vitamin test are currently not available in Ethiopia.
$5 Billion
Healthcare spending in Ethiopia by 2024-2025
20% spent at general and specialized hospital level
$120 Million
Annual spending Ethiopians for overseas treatment
Ethiopia can become a regional healthcare hub in Africa
Lack of advanced healthcare and diagnostics is not a problem affecting only Ethiopia. Many African countries spend millions of dollars for overseas treatment. Ethiopia is better positioned to cater to this growing market due to its strategic location in Africa and the network created by the Ethiopian Airlines, which connects Addis Ababa to > 120 countries and the whole of Africa.
The Ethiopian market offers various attractive opportunities in the healthcare space.
The Ethiopian market offers various attractive opportunities in the healthcare space.
Tertiary Hospitals
Invest in tertiary hospitals with the capacity to host a minimum of 300 beds and cater to local and inbounds clientele- creating a health tourism opportunity
Advanced Diagnostics & Laboratory
Invest in tertiary hospitals with the capacity to host a minimum of 300 beds and cater to local and inbounds clientele- creating a health tourism opportunity
High Impact Public Health Services
Invest in tertiary hospitals with the capacity to host a minimum of 300 beds and cater to local and inbounds clientele- creating a health tourism opportunity
Development of Healthcare Professionals
Invest in tertiary hospitals with the capacity to host a minimum of 300 beds and cater to local and inbounds clientele- creating a health tourism opportunity
Paving the way for investors
There is strong commitment from the government to improve healthcare in Ethiopia. The government is implementing the second Ethiopian Health Sector Transformation Plan, which aims to enhance private investment in strategic areas.
The Ethiopian Ministry of Health is looking partner with investors and ensure successful implementation of projects. The Ethiopian Investment Commission is also proving all necessary services to investors during their pre-implementation, establishment and operation journeys.
The Ethiopian Ministry of Health is looking partner with investors and ensure successful implementation of projects. The Ethiopian Investment Commission is also proving all necessary services to investors during their pre-implementation, establishment and operation journeys.
LATEST INVESTMENT IN HEALTHCARE
Roha Group launches a $300M investment in building a Medical Campus in Addis Ababa
Read Article“We are excited to play a leading role in in enhancing Ethiopia's health sector. Roha Medical Campus will create an Ethiopian hub for medical tourism, working with Ethiopian Airlines and local hotels to create travel packages specifically for patients."
Brooks Washington, Founder of US Roha Group
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