Toronto, April 2, 2025: Children in Rwanda, the Democratic Republic of Congo and Kenya will benefit from new pediatric medical equipment as a result of a child-lens investment by Save the Children Global Ventures (SCGV).
Save the Children’s investment in the AI powered healthcare supply chain company, VIEBEG, will enable the company to expand its reach and ensure that children in underserved regions receive quality healthcare closer to home. VIEBEG provides certified healthcare products at an affordable price by sourcing directly from the manufacturers and cutting out middlemen.
The CEO of SCGV, Paul Ronalds, said the investment would enable VIEBEG to scale its pediatric and maternity product lines, directly benefiting hospitals, clinics, and healthcare providers in Rwanda, Kenya, and the Democratic Republic of the Congo.
“Save the Children has made this investment as a child-lens investing demonstration for its upcoming Generation Empowerment Fund (GenEm Fund), a groundbreaking debt fund dedicated to improving child well-being across Sub-Saharan Africa,” Mr Ronalds said.
“The pioneering GenEm Fund is focusing on financing solutions that intentionally enhance children’s access to education, healthcare, nutrition, climate resilience, and water, sanitation, and hygiene.”
Mr Ronalds said too many children remain significantly underserved in the impact investing landscape, with only a fraction of capital directed toward initiatives that explicitly benefit them.
“With over one in three children in the world expected to reside in Sub-Saharan Africa by 2050, investing in solutions that improve their well-being is not only urgent but also essential for sustainable development,” Mr Ronalds said.
“The GenEm Fund will bridge the investment gap by channeling capital into financial institutions and operating companies that provide essential services for children.”
Mr Ronalds said the investment in VIEBEG exemplifies Save the Children’s commitment to creating sustainable impact, fostering partnerships that drive long-term change for children in the region and leveraging new sources of funding at a time when official development assistance is falling rapidly around the world.
By leveraging AI-powered procurement solutions, VIEBEG is transforming how medical supplies are sourced and distributed, tackling critical challenges such as stock shortages, inefficient supply chains, and financial constraints faced by healthcare providers.
By equipping these facilities with life-saving medical supplies disparities in healthcare can be significantly reduced, ensuring that even children in hard-to-reach areas have access to timely and quality medical care.
About Save the Children Global Ventures
Save the Children Global Ventures (SCGV) is Save the Children’s impact investing and innovative finance platform, established to mobilise high-impact capital to solve some of the most pressing problems facing children.
For more information, visit Save the Children Global Ventures (SCGV)
Media Contact
For additional information please contact Julie Marshall, Senior Manager, Media:
About Save the Children
Save the Children believes every child deserves a future. In Canada and around the world, we give children a healthy start in life, the opportunity to learn and protection from harm. We do whatever it takes for children – every day and in times of crisis – transforming their lives and the future we share.