Telecoms giant Orange and insurer AXA will become majority shareholders of the appointment booking and telehealth platform DabaDoc, which operates mostly in Morocco, Tunisia and Algeria. It has intentions to expand across Sub-Saharan Africa.
NMC acting CEO Michael Davis speaks publicly for the first time about the future of under-fire NMC Health. In this exclusive interview, we ask about a possible sale of all or part of the business, and whether and how NMC might recover from its present position.
Africa-focused private equity firm Meditterania Capital Partners intends to triple the EBITDA of its recently-formed imaging platform Ray Lab which spans Egypt, Jordan and Saudi Arabia before exiting, preferably by IPO, in a few years' time, partner Daniel Viñas tells HBI. He discusses the specifics of the deal, merging Ray Lab's two businesses, and how its markets are evolving.
The IFC, European Bank for Reconstruction and Development (EBRD) and other development banks are providing $125m in Islamic financing for two greenfield hospital developments in Egypt and Morocco by a Saudi hospital group.
Pan-African lab company Integrated Diagnostic Holdings (IDH) will soon start mining its database of 13m patients through a new subsidiary with the ultimate aim of layering extra services on top.
Egypt has launched its long-awaited universal insurance scheme, giving citizens the freedom to choose between public and private providers. Coverage is being phased in piecemeal. One GCC-based healthcare group has already committed to building two more hospitals in the country.
Universal Health Coverage is one of the UN's Sustainable Development Goals and it's expected to be completed by 2030. But a newly released report argues that a lack of PPPs is stalling that goal. Healthcare Nova looks at the key findings...
The Financial Regulatory Authority of Egypt has dismissed Cleopatra Hospital Co’s offer to acquire competitor Nozha International Hospital. Local contacts tell us it might be related to a sharp fall in the target's share price in the few months prior to the takeover bid.
Healthcare Nova hears that the much-discussed reform that will allow the private sector to be part of the Egyptian national health insurance system has been approved by the government. Implementation is now being prepared in five states.
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