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
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Kenya to fund Nairobi airport expansion using pipeline company IPO proceeds Government allocates $155 million seed capital from National...
Angola receives 596 investment proposals worth $21.8 billion in five years About 80% of proposals came from Chinese investors Reforms and...
Palm oil futures in Malaysia surged 9%, their biggest one-day gain in three years. The spike follows rising oil prices after escalating tensions in the...
Côte d’Ivoire has signed an agreement with the National Investment Bank to support diaspora-led projects. The deal includes tailored banking products,...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...