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Sub-Saharan Africa

 

Columbia Asia raises US$101m for global growth

Mitsui & co. of Japan has invested US$101m in the pan-Asian hospital group Columbia Asia, reports VC Circle. The money will go towards Asian developments, and the group’s first African hospital: a clinic in Nairobi branded Columbia Africa.

FREE BLOG The lessons of Universal Health Coverage

This week we take a look at universal health coverage (UHC). This is central to the global health policy agenda and will remain so, at least until 2030, when the world evaluates its progress towards the sustainable development goals. What is really fascinating about UHC, however, is that it does not exist - it is an ideal. Even more so, it’s not a particularly well-defined one and is difficult to measure. This means that private healthcare, whose markets will be closely shaped by UHC, has little certainty. So what can we say for sure?

Suppliers flock to Africa

The exhibitor halls at the Africa Health exhibition, which took place in Johannesburg last week, allowed a grandstand view of Africa’s developing healthcare market. Suppliers told us opportunities within the continent are multiplying. And a fascinating battle is emerging for contracts and bragging rights.

Al Borg attracts interest

Three Gulf-based private equity firms are reportedly interested in buying a minority stake in Al Borg Medical Laboratories, the largest player in Saudi Arabia. We report on Al Borg’s expansion plans.

Lancet shows the way in African labs

Dr. Peter Clarke from South African lab group Lancet laid out his pan-African expertise at our 2016 Breaking Barriers conference. What business models work in Kenya? What about Nigeria, to the other side of the continent? Most private equity houses and institutional investors are daunted by Africa, but Lancet has expanded to 11 countries in just 12 years.

Elite care is dead end in Asia

High-end hospitals in Asia find their margins compressed by high fixed costs and small markets, claims Abraar Mir, CEO of Quadria Capital. Whereas, EBITDA margins of 40% are achievable in affordable secondary care and demand is much greater. Acute care markets are booming, nonetheless, with groups like Mitra Keluarga adding 2,000 beds per year.

SRL plans African strategy

Indian lab group SRL is close to deal in Nigeria for a second Africa lab hub and a third is planned for Kenya. Its Congo lab already serves seven countries, CEO Sanjeev Vashishta told Healthcare Nova at the Healthcare Business International 2016 conference.

Low-cost dialysis group to build Africa’s largest network

Dialysis provider Africa Healthcare Network secured a contract with the Ministry of Health in Rwanda to deliver kidney care to district hospitals across the country. The group aims to triple capacity in Rwanda in the next year and launch up to 100 centres across Sub-Saharan Africa in the next five years. We speak to CEO Nikhil Pereira-Kamath.

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