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Synlab buys in Africa

European lab group Synlab has made its first acquisition in Africa, buying a majority stake in Medven, the holding company for the Medlab lab and imaging chain. It wants to use this as a base for further growth in West Africa. We think this is the first time a European lab group has bought assets on the ground in Africa.

Report: IFC Conference – Them and Us

The World Health Assembly, the largest gathering of healthcare policy makers and stakeholders, begins this week. And nobody expects anything but a cursory mention of private healthcare. The mood in Prague at the recent IFC conference reflected growing frustration with policymakers and a perceived ignorance of the private sector’s offering. But partnership remains indispensable in this industry and some operators see a sea change in attitude.

Fortis expands into Africa

Indian hospital and lab operator Fortis is expanding into Africa as an operator. We look at its plans.

Report: South Africa: Trouble in the Rainbow Nation?

South Africa is embarking on an ambitious process of reform to redress its historic imbalance in healthcare delivery. The National Health Insurance policy envisions far-reaching change in both the payment and provision of healthcare. The enormously successful private sector, however, has been left in the dark over its future role. What does the future hold for this $30 billion private healthcare market?

IFC invests $4.5m in East African pharmacy chain

The International Finance Corporation (IFC), the investment arm of the World Bank, has agreed to loan $4.5 million to Kenyan pharmaceutical retail chain Goodlife to help it become a leading brand in East Africa.

Investing in Africa’s underdog healthcare businesses

BlueCloud Healthcare, a UK-based investment advisory firm and start-up business incubator focused healthcare service companies in sub-Saharan Africa, is tapping into private equity’s growing interest in the continent. Healthcare Nova spoke to founder Steven Adjei about the company and his take on investing in Africa.

Could social franchising improve Africa’s private sector?

Social franchising – applying the principles of commercial franchising to promote social benefit rather than profit – is an increasingly popular model for health services in the Developing World. Joyce Wanderi, COO of Population Services Kenya, believes that social franchising can help organise the low-income private sector, combatting the common issues of underdeveloped infrastructure, a shortage of skilled health workers, lack of funding, weak procurement and distribution chains and ultimately, highly varied quality between providers.

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