R75 Million Impact Fund Launched to Empower Doctor-Led SMEs and Tackle Healthcare Underemployment
RH Managers, a Johannesburg based private equity firm in partnership with the Small Enterprise Development Finance Agency (SEFDA), has announced the launch of R75 million impact-driven fund to empower private medical professionals, expand access to quality healthcare in underserved communities, and help address the persistent underemployment of doctors in South Africa. The Doctor SME Fund is designed to address the funding gap faced by early- and growth-stage doctor-led healthcare businesses operating in underserved urban and peri-urban communities. Launched at a time when many qualified doctors & several healthcare professionals in South Africa are struggling to secure permanent placements in the public sector, the Fund creates an alternative pathway — enabling medical professionals to establish and grow sustainable private businesses that directly serve communities with limited access to healthcare. With a total fund size of R75 million, the Fund ...
