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The Summit will promote a more critical and informed discussions on a topic of growing relevance –Islamic finance and Healthcare- in Africa.

About this Event

n organization committed to fostering the Islamic paradigm of economic development in Africa, the Africa Islamic Economic Foundation (AFRIEF), in collaboration with Glocal Healthcare Services Limited, India, is organizing a two-day day Virtual Summit on March 1 -2, 2021, on a topic of growing relevance in recent years: Islamic Finance: an Alternative Source of Funding Healthcare Infrastructure in Africa, in conjunction with the formal inauguration of the Africa Primary Healthcare Infrastructure Development Program (APHIDEP).

The theme of the event, which is being held under the Distinguished Patronage of His Excellency, General Ibrahim Badamasi Babangida (GCFR), former President, Federal Republic of Nigeria is: “Towards Universal Healthcare and Sustainable Development Goals”. The overarching goal of the Summit is to explore a realistic alternative approach to financing primary healthcare infrastructure in Africa. The event, therefore, provides a platform for key stakeholders, policymakers, business leaders, academics, scientists, researchers, students, healthcare practitioners and other leaders of society from within Africa and beyond to critically and objectively examine the purposes, theory, practice, structure, and institutions of the rapidly developing field of Islamic finance and how it can support the development of healthcare in Africa..

The highpoint of the Summit will be the formal inauguration of the Africa Primary Healthcare Infrastructure Development Program (APHIDEP), a primary healthcare infrastructure development initiative of the Africa Islamic Economic Foundation. The Initiative is designed to complement the efforts of African Governments, within the context, capacity and priority of each country, to create a continental movement, with the 1978 Declaration of Astana as a starting point, for the strengthening of sustainable primary healthcare systems as the basis for Universal Health Coverage (UTC), community stability, economic development, national security and the attainment of the Sustainable Development Goals.


Submissions are invited from a number of perspectives and the topics below are an indication of the areas which presentations and discussions, empirical or theoretical would cover.

1 An Overview of Africa’s Primary Healthcare Sector

2 Digitizing Primary Healthcare: Opportunities for Africa

3 Reimagining Health Economics in Africa: the Islamic Perspectives

4 The Global Islamic Finance Market.

5 The Infrastructure Challenge to Achieving UHC and SDGs

6 Islamic Finance Structures for Healthcare Infrastructure Projects (Ijarah(leasing),Murabahah, Istisna’, Musharakah, Mudarabah, Sukuk,Takaful)

7 Islamic Social Finance (Zakat, Waqf, Qard Hassan and Sadaqa)

8 Public-Private Partnership (PPP) and Primary Healthcare

9 Islamic Financing of Primary Healthcare Infrastructure in Africa: Opportunities and Challenges

10. Case Studies


High level dignitaries, officials and corporate bodies and organizations from the Healthcare and Economic Sectors in Africa, Asia, GCC, Europe and North America are expected to be at the Event. Below is the profile of dignitaries and delegates:

•Senior Healthcare Practitioners

•High Ranking Public Health Officials and Policy Makers

•Academia and Researchers within the Field of Primary Health Care,

*Ministers of Health and Finance;

•High Officials Representing Global and Continental Health Organizations,

•Civil Society and Non-Governmental Organizations and Philanthropy

•Private Sector Health Operators, Investors and Entrepreneurs

•Vertical Funds, Banks and Development Financial Institutions

•Community Leaders and Stakeholders

•Islamic finance scholars and Professionals


The event presents a high level platform for countries, corporate bodies and entities, investors and entrepreneurs, government officials and policy makers to meet prospective investors and partners from regional and overseas participants for networking and investment opportunities in the healthcare sector.


(To be announced soon).

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