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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.

IFC backs Regency Hospital to expand in Uttar Pradesh

The World Bank's investment arm International Finance Corporation (IFC) is backing an Rs 160 crore ($24m) investment to expand Regency Hospital in Kanpur, India. The plan is to open a new secondary hospital and an oncology centre run jointly with Bangalore-based cancer specialist Health Care Global (HCG). Regency will also expand across Uttar Pradesh with new hospitals in Lucknow and Allahabad.

Mediheal expands to Ethiopia

Kenya-based hospital operator Mediheal, which runs one hospital and five diagnostic centres (total figures) in Eldoret, Nakuru, Nairobi and Kigali is entering a Ksh100m ($1m) expansion phase in Kenya and Ethiopia. We speak to CEO Devaki Nandan Bansal.

Abraaj close to $1bn target

Abraaj is close to its $1bn target for its mammoth Global Healthcare Fund. And its ambitions are becoming clearer.

European operators want to run African PPPs

Centres of excellence in healthcare are being planned in Rwanda, Uganda, Kenya, Tanzania and Nigeria and European companies are lining up to design, build and run them. Representatives from several African health ministries told the African Healthcare Summit that high quality facilities were needed to stem the flow of medical tourists. Regional centres serving multiple countries will open up markets.

Kenya plans five PPPs

Kenya is looking for a transaction advisor to get the construction of five hospitals, three greenfield and two brownfield, off the ground. The largest, the Kiplombe hospital in southwest Kenya, will be a massive 2,000 beds and will use a turnkey contract with loans from the Export-Import (EXIM) Bank of China. The head of the oncology unit at the Ministry of Health, Dr Lillian Kocholla, shared the plans with the African Healthcare Summit.

Rx Health Management builds US$200m fund

The former Egyptian health minister, Dr Hatem Elgabaly, hopes to raise US$200m to invest in African healthcare by the middle of 2017. Three deals in Egypt and Nigeria are under negotiation and three others in Morocco and Nigeria are early-stage. All are already funded, he claims. The strategy is to build a platform in hospitals, diagnostics and pharma in North Africa and replicate their success in Sub-Saharan Africa by consolidating and modernising mum'n'pops or expanding existing platforms.

FREE BLOG East Africa – plenty of opportunity

Until recently, East Africa was too poor to attract substantial foreign interest apart from donor funding. There are just too many opportunities elsewhere for global healthcare players. But this is changing.

Report: East Africa – rising slowly, steadily, surely

The private sector plays a key role in healthcare delivery across Africa. While the East African economies of Kenya, Uganda and Tanzania are experiencing relatively high growth, public sector healthcare facilities are sub-standard. The private sector already accounts for nearly half of total expenditure and is coming up with innovative and affordable ways to provide services. Here we look at the main groups and track trends.

Interview: Alex Alexander, managing director, Ciel Healthcare Africa

Ciel Healthcare, part of Mauritian investment group Ciel, has been making waves in recent months. After increasing its stake in Ugandan HMO’s International Medical Group (IMG) in July 2015, it has just bought part of Hygeia, Nigeria’s largest health provider. We speak to Ciel Healthcare Africa’s managing director, Alex Alexander.

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