Swedish financial institution Swedfund announced an investment of SEK2.2 million in three healthcare facilities in Africa and Southern Asia. The loan conditions have not been disclosed.
In Africa, the company is investing in Nigeria-based Express Pharma, which distributes safe medicines across the country’s strategic points. The Malagasy Opham, which provides pharmaceutical products to hospitals and pharmacies in Madagascar, will also benefit from the support. In Asia, the Swedish company targets Indian health care provider Medica Synergie.
Swedfund's investment will primarily be used to acquire drugs and other protective equipment. The health sector is attracting more and more investments due to the covid-19 pandemic, which requires healthcare facilities to strengthen their equipment and put in place effective response measures.
Chamberline Moko
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...
Ghana ordered major miners to transfer operations to local contractors by December 2026. Authorities aim to build national mining champions capable of...
45 African countries enacted data protection laws, while 16 adopted national AI strategies. 39 countries now operate fully functional data protection...
S&P Global Ratings ranked 25 African sovereigns by exposure to the Middle East war on April 23 When read against IMF and World Bank reports issued in...
Guinea launches MPS30, MPS32 to reform higher education system Projects aim to align curricula with labor market needs Low graduate employment drives...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...