Tana Africa Capital, a pan-African private equity firm, announced the latest investment through its second fund, Tana Africa Capital II, into Mabaret Al Asafra, a hospital operator in Alexandria, Egypt. The investment was made directly into Alexandria for Healthcare Investments (AHI), which owns the majority stake in the Mabaret hospitals and laboratory.

Since its founding in 1982 Mabaret has become well known in the market, with a reputation for high-quality medical care at affordable...