Africa Healthcare Network (AHN), which operates one of the largest chains of renal care and dialysis centers in East Africa, will receive the first disbursement of a $5 million loan from the Development Finance Corporation (DFC). The beneficiary, which has about 18 centers in Kenya, Tanzania, and Rwanda, plans to develop and operate additional centers throughout sub-Saharan Africa.
"This investment in AHN will expand access to health care throughout sub-Saharan Africa, through the operation of vital dialysis centers," said Algene Sajery, vice president of the Office of External Affairs at DFC.
AHN unveiled in 2019 its plan to open more than 100 centers over the next five years on the continent. In March that year, the healthcare operator had raised a Series A financing to fund its activities in Tanzania, Kenya, but also West Africa. It notably benefited at that time from the support of venture capitalist Polaris Partners.
DFC estimates that there are more than one million patients in sub-Saharan Africa who need dialysis care.
Chamberline Moko
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
Most food traded within West Africa moves by truck and largely escapes official records, highlighting both the scale of informal cross-border commerce and...
Faure Gnassingbé visits agricultural zones in northern Togo Government pushes for greater food sovereignty and self-sufficiency Farmers receive...
AD Ports signs 30-year concession to build dry bulk terminal in Douala €73.4m investment planned for first phase between 2026 and 2028 Project aims to...
Mobile games account for 87% of gaming in Africa, although the share of console and PC gaming is expected to grow as hardware becomes more affordable and...
Benin is guest of honor at the 2026 African Book Fair in Paris. More than 400 authors and 150 publishers from 20 countries are expected. The spotlight...
had relaunched the International Festival of Saharan Cultures (FICSA) in Amdjarass after a seven-year hiatus. Niger participates as guest of honor,...