Africa Lighthouse Capital acquires stake in Botswana hospital group
Firm buys 76% equity stake in Medlane Holdings.
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Africa Lighthouse Capital has acquired a 76% equity stake in Medlane Holdings, a day hospital in Botswana.
Medlane specialises in ophthalmic surgical procedures such as corneal transplants and retinal surgeries. The investment will enable Medlane, under the continued leadership of its founders, Warren Lane and Dr. Tyler Lane, to accelerate the expansion of its therapeutic focus areas. Africa Lighthouse Capital’s support will facilitate the establishment of multiple new facilities, the introduction of new medical specialisations, and the development of comprehensive preventative care and pharmacy services. This expansion aims to address the growing demand for accessible and affordable primary healthcare in Botswana and reduce the reliance on costly outbound medical tourism.
Bame Pule, the founder and CEO of Africa Lighthouse Capital, said: “We are excited about working with the founders of Medlane Holdings to help the company fulfil its potential by establishing multiple new specialisations, among other growth initiatives. The investment will increase the localisation of specialist care and reduce medical tourism. We are also excited about launching the company’s occupational health and wellness business, which will make a positive impact in preventative care in Botswana, thereby reducing healthcare costs and alleviating the national disease burden. We intend to achieve this while building Medlane Holdings into a citizen-owned national champion hospital operator in a sector that is currently dominated by international companies.”
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