[Watch] Viewpoint video series – The 27four Jobs Fund Partnership

27four’s Black Business Growth Fund is a blended finance solution which sees us partner with the Jobs Fund to catalyse job creation, transformation and economic growth. In a three part video series, we will be showcasing the views of some of our partners which include the Jobs Fund, one of the managers we are backing (Summit Africa) and one of the investments made by Summit Africa which is supported by our capital.

Part 1 of the video series sheds a bit more light on our partnership with the Jobs Fund, where it began and what our partnership aims to achieve.

27four’s Black Business Growth Fund is a blended finance solution which sees us partner with the Jobs Fund to catalyse job creation, transformation and economic growth. In a three part video series, we will be showcasing the views of some of our partners which include the Jobs Fund, one of the managers we are backing (Summit Africa) and one of the investments made by Summit Africa which is supported by our capital.

Part 1 of 3: The 27four Jobs Fund Partnership

Part 2 of the series profiles Summit Africa and its vision to provide inclusive access to Healthcare, Education and Financial Services in South Africa.

Part 2 of 3: Introducing Summit Africa

Zoutpansberg Private Hospital was founded in 2001 by a group of doctors in the area that identified a dire need for quality health care in the Makhado district. The hospital was founded in a small house focusing solely on maternity care with limited high care services or specialists on board and grew organically to 20 beds by 2016. One of Summit Private Equity Fund’s focus areas is investing in underserviced peri-urban, rural and township areas in 4 sectors, one being healthcare.

Summit will invest in expanding Zoutpansberg Private Hospital’s capacity from its current 32-bed capacity to 92 beds along with the introduction of intensive and high-care facilities, and the hiring of an array of specialists to better serve the community. The proposed expansion expects to have an enduring impact on the surrounding communities and significant high quality job creation post expansion.

Part 3 of 3: Zoutpansberg Private Hospital