HBI Deals+Insights / Business Models and Strategy

Narayana to invest in Nairobi hospital, as Medanta denies speculation

The Indian hospital group Narayana Health, is investing in a new 130-bed hospital in Nairobi to open within 24-28 months, backed by investors the IFC and the Abraaj Group. Medanta Africare, a joint venture between local investors and the Indian RJ Group, was also reported to be building a 200-bed facility in Kenya’s capital. But this is false we heard from the CEO Anil Maini - although it has signed up with a local hospital to offer cardiac surgery and cath procedures.

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