Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Finance

Leapfrog Investment extends its portfolio in Kenya’s pharmacy sector

Thursday, 10 January 2019 13:30
Leapfrog Investment extends its portfolio in Kenya’s pharmacy sector

(Ecofin Agency) - The green light seems to have been given since July 2018 but, it is through a release published fifteen days ago that Kenya Competition Authority revealed that Goodlife Pharmacy had been authorized to acquire some of the assets of Maghreb Pharmacy, a local competitor.

This is the second major acquisition from the group in which Leapfrog investment, a major investor, took the majority shareholding with a $21.6 million investment in 2016. Goodlife Pharmacy has thus been able to continue its expansion strategy thanks to which Leapfrog Investment extended its portfolio in the sector.

Let’s note that in Africa, Leapfrog investment is also present in the insurance and money transfer sectors.
Idriss Linge





 
Mining


 
Telecom


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.