F4HE focuses on investments in two core sectors: Education and Healthcare. The purpose of this fund is to enable private sector development to supplement public sector deficiencies in these essential services, and thus increase Ugandans’ access to these basic needs.

Healthcare investments are essential to improve infrastructure and address the high disease burden. Education investments are critical for reducing unemployment and bridging the skills gap.

Mezzanine debt is ideal for these sectors – providing capital for expansion without ownership dilution and offering flexible repayment structures that align with business cash flows. Additionally, investments in these sectors contribute significantly to social impact and sustainable human development by improving living standards and advancing the United Nations’ Sustainable Development Goals (SDGs).

F4HE will provide concessional credit – this financing is highly additional to the market, as banks will not fund where there is insufficient collateral, and banks will not help professionalize and build capacity and governance in these SMEs (to ensure their permanence and long-term sustainability).

The Fund model is a blended finance one - F4HE is seeking to raise concessional and philanthropic capital at SOCAP25 to blend, catalyse and crowd in local Ugandan private institutional capital to invest in these high-priority SDG sectors. Owing to its low-risk income generation, this fund would be considered an investment portfolio fit by local institutional investors (like pension schemes), if sufficiently de-risked by catalytic capital co-investors.

Inua Fund for Health & Education (F4HE)

Inua Fund for Health & Education (F4HE)