Africa Healthcare Network (AHN) Secures $20 Million in funding led by Africa50 and AfricInvest for a continent-wide expansion

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Summary

AfricInvest, which provided debt financing through its Transform Health Fund (THF), is a leading pan-African investment platform, dedicated to supporting businesses that drive economic growth and social development. "Raza Hasnani, Managing Director and Head of Infrastructure Investments at Africa50, remarked, We are excited to be partnering with AHN to further their mission of improving access to quality kidney care across Africa. Our 100-strong team of investment experts in more than ten offices across three continents has a proven track record of providing attractive risk-adjusted returns while spurring productivity growth, creating jobs, and ultimately improving African lives through inclusive and sustainable development. Under the current rapidly changing environment where medical treatments and techniques are dramatically improving, we are pursuing providing total healthcare solutions with prevention, diagnosis and aftercare to enhance the quality of patients life. We are promoting to develop total healthcare programs in Asia and Africa in alliance with global innovators.For more information, visit: www.ohara-ch.co.jp/english/A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/efe0a63d-d522-464b-b25b-19b58896334b

$ Funding

$
Amount $20.0M Total raised
Date November 22, 2023 Announcement date
Investors Ohara Pharmaceutical Lead investors
Company http://www.africahealthcarenetwork.com/ Funded company

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