Digital Services for Tele-Health Solutions

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Digital Services for Tele-Health Solutions
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Health Care
Health Care Providers
Business Model Description

Invest in client-based tele-health services and mobile applications that offer remote clinical services, including online consultations, self-assessment tools, access to test results, 24-hour emergency response and online solutions for storing patient and healthcare provider data.

Expected Impact

Improve access to quality health care services especially for underserved patients and rural populations.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
15% - 20% (in ROI)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
< USD 50 million
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Good health and well-being (SDG 3) Gender Equality (SDG 5)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Industry, Innovation and Infrastructure (SDG 9) Reduced Inequalities (SDG 10) Sustainable Cities and Communities (SDG 11)
Sector Sources
  • 1) World Bank Group. May, 2020. Health System Strengthening for Human Capital Development in Eswatini Project. https://documents1.worldbank.org/curated/en/841851589033182678/pdf/Project-Information-Document-Health-System-Strengthening-for-Human-Capital-Development-in-Eswatini-P168564.pdf 2) World Bank Group. 2016. Physicians (per 1,000 people) - Eswatini. https://data.worldbank.org/indicator/SH.MED.PHYS.ZS?locations=SZ 3) UNICEF. Health Budget Brief 2018/2019. https://www.unicef.org/esa/media/2481/file/UNICEF-Eswatini-2018-Health-Budget-Brief.pdf 4) Ministry of Economic Planning & Development. National Development Plan 2019/20 – 2021/2. http://www.gov.sz/images/CabinetMinisters/NDP-2019-20-to-2021-22-final.pdf 5) The Government of the Kingdom of Eswatini. 2021. Investing in Economic Recovery, Prosperity and Sustainable Development: An Implementation Master Plan 6) Government of the Kingdom of Eswatini. 2020. Post COVID-19 Kingdom of Eswatini Economic Recovery Plan. http://www.gov.sz/images/CORONA/FINAL-POST-COVID-19-ECONOMIC-RECOVERY-PLAN-ESWATINI-14082020_compressed.pdf 7) World Bank Group. July 2020. Eswatini - Health System Strengthening for Human Capital Development in Eswatini Project - Project Appraisal Document. https://www.gtai.de/resource/blob/531162/a8ce595cf7f7776298175c60b3db662c/PRO20200723531160.pdf 8) Ministry of Health Kingdom of Eswatini. October 2019. Second Quarter Performance Report for 2019-20. http://www.gov.sz/images/stories/Health/MOH-Second-Quarter-Performance-Report-October-2019FINAL.pdf 9) United Nations Development Programme. 2020. Rapid Socioeconomic Assessment of COVID-19 in Eswatini. https://www.sz.undp.org/content/eswatini/en/home/library/poverty/a-rapid-socio-economic-assessment-of-covid-19-in-eswatini--.html 10) US Department of Commerce. Eswatini Country Commercial Guide. https://legacy.export.gov/article?id=Eswatini-Medical-Equipment
IOA Sources
  • 11) The Clinic Group. The Clinic Group Brings Telemedicine to Eswatini. https://theclinicgroup.com/telemedicine 12) EpicBlog. October 2020. Doing it from a distance: How telehealth is preserving HIV service delivery during COVID-19. https://epicproject.blog/2020/10/21/doing-it-from-a-distance-how-telehealth-is-preserving-hiv-service-delivery-during-covid-19/ 13) Yahoo Finance. 2021. Global Telehealth Market Size [2021-2028] | to Reach USD 636.38 Billion and Exhibit a CAGR of 32.1% 14) Asian Development Bank. May 2018. Guidance for Investing in Digital Health. https://www.adb.org/sites/default/files/publication/424311/sdwp-052-guidance-investing-digital-health.pdf 15) Baobab Insights. 2020. Baobab Briefing: Telemedicine and eHealth An overview of start-ups that facilitate doctor to patient connectivity through mobile or web. https://insights.thebaobabnetwork.com/wp-content/uploads/202004_BaobabBriefing_TeleMed.pdf 16) United Nations. 2020. United Nations Sustainable Development Cooperation Framework (UNSDCF) 2021-2025. https://unsdg.un.org/sites/default/files/2020-11/Eswatini_UNSDCF_2021%20to%202025_1.pdf 17) The Government of the Kingdom of Eswatini. 2018. The National Multisectoral HIV and AIDS Strategic Framework (NSF) 2018 – 2023. https://hivpreventioncoalition.unaids.org/wp-content/uploads/2019/06/Eswatini_NSF-2018-2023_final.pdf 18) Avert. 2020. HIV and AIDS in Eswatini. https://www.avert.org/professionals/hiv-around-world/sub-saharan-africa/swaziland 19) United Nations Population Fund. 2020. Eswatini SMS service helps women access family planning, food amid pandemic. https://www.unfpa.org/news/eswatini-sms-service-helps-women-access-family-planning-food-amid-pandemic 20) Pepfar. 2017. Improving community health worker performance and productivity: Findings from USAID-supported studies in Swaziland and Uganda. https://pdf.usaid.gov/pdf_docs/PA00TCDG.pdf 21) Ministry of Health. 2020. Eswatini Specific DSD and HIV Policy Changes made in response to COVID-19 to protect both providers and recipients of care. https://aslm.org/wp-content/uploads/2020/08/Eswatini.pdf?x80501 22) The Global Fund. 2021. In Eswatini, Young Women Are Leading the Fight Against HIV and COVID-19. https://www.theglobalfund.org/en/blog/2021-07-21-in-eswatini-young-women-are-leading-the-fight-against-hiv-and-covid-19/ 23) UNPFA. 2016. Family Planning. https://eswatini.unfpa.org/en/topics/family-planning-2#:~:text=The%20unmet%20need%20for%20family,and%20least%20educated%20young%20women 24) Southern African Development Community (SADC). 2012. Proposed Telehealth System for HIV and AIDS, TB and Malaria Surveillance and Information Sharing in the SADC Region. https://www.sadc.int/files/2714/1890/8402/SADC___PROPOSED_TELEHEALTH_SYSTEM_FOR_HIV_AND_AIDS_TB_AND_MALARIA_SURVE....pdf 25) Shona Horter et al. 2019. “I don’t want them to know”: how stigma creates dilemmas for engagement with Treat-all HIV care for people living with HIV in Eswatini. https://www.tandfonline.com/doi/pdf/10.2989/16085906.2018.1552163 26) World Bank Blogs: Buyelani Mswelic. 2021. Connect us please: Eswatini youth for change. https://blogs.worldbank.org/youth-transforming-africa/connect-us-please-eswatini-youth-change 27) Climate Change Knowledge Portal. 2020. Eswatini. https://climateknowledgeportal.worldbank.org/country/eswatini/vulnerability#:~:text=Eswatini%20is%20at%20risk%20of,floods%2C%20storms%20and%20forest%20fires 28) Ministry of Information, Communications and Technology. 2016. Swaziland Communications Commission (Consumer Protection) Regulations, 2016. https://www.esccom.org.sz/regulations/The-Electronic-CommunicationsConsumer-Protection-Regulations-2016.pdf 29) Ministry of Information, Communications and Technology. 2016. The Electronic Communications (Quality of Services) Regulations, 2016. https://www.esccom.org.sz/regulations/The-Electronic-CommunicationsQuality-of-service-regulations-2016.pdf 30) Ministry of Health and Social Welfare. 2006. National Health Policy. https://www.ilo.org/wcmsp5/groups/public/---ed_protect/---protrav/---ilo_aids/documents/legaldocument/wcms_174726.pdf 31) Government of Eswatini. 2013. Government Press Statement, Public Health Bill 2012. https://www.gov.sz/index.php?option=com_content&view=article&id=1354:cabinet-approves- 32) Ministry of Health of Kingdom of Eswatini. 2015. The Second National Health Sector Strategic Plan 2014-2018. https://www.gov.sz/images/Health/National-Health-Ssector-Strategic--Plan-II-Final-draft--March-2015-_edited_.pdf 33) The Eswatini Investment Promotion Authority (EIPA). 2019. Incentives. https://investeswatini.org.sz/incentives/ 34) The Eswatini Investment Promotion Authority (EIPA). 2019. Domestic Trade Tax Incentives in Eswatini. https://investeswatini.org.sz/domestic-trade-tax-incentives-in-eswatini/ 35) The World Bank. 2021. Eswatini COVID-19 Emergency Response Project. https://documents1.worldbank.org/curated/en/910611613635944049/pdf/Project-Information-Document-Eswatini-COVID-19-Emergency-Response-Project-P175875.pdf 36) Ministry of Health & WHO. 2019. Service Availability and Readiness Assessment. https://www.hst.org.za/publications/NonHST%20Publications/Eswatini%20SARA%20March%20(05%2004%202019).pdf 37) UNICEF. 2020. Impact of Rural Health Motivators. https://www.unicef.org/eswatini/stories/impact-rural-health-motivators 38) WHO. 2019. Universal Health Coverage: leaving no one behind in the Kingdom of Eswatini. https://www.afro.who.int/news/universal-health-coverage-leaving-no-one-behind-kingdom-eswatini 39) Eswatini Communications Commission. 2021. Annual Report 2021. https://www.esccom.org.sz/publications/reports/docs/2021_AR.pdf 40) D&B Business Directory. The Clinic Group. https://www.dnb.com/business-directory/company-profiles.the_clinic.102bc716429a04797a80440f6e88b75d.html 41) United National Department of Economic and Social Affairs. 2021. SDG Indicators Database. https://unstats.un.org/sdgs/UNSDG/IndDatabasePage 43) Government of the Kingdom of Eswatini. National Health Sector Strategic Plan 2019-2023 (Offline) 44) Ministry of Economic Planning and Development. 2019. The Kingdom of Eswatini Voluntary National Review. https://sustainabledevelopment.un.org/content/documents/24651Eswatini_VNR_Final_Report.pdf 45) Government of Eswatini Ministry of Health. Regulatory Bodies Swaziland Nursing Council. https://www.gov.sz/index.php/ministries-departments/ministry-of-health/regulatory-bodies/73-health/health/748-swaziland-nursing-councilv 46) Reuters. AfroCentric Investment Corp Ltd. https://www.reuters.com/companies/ACTJ.J/profile