BII-backed Growth Investment Partners Ghana in medical oxygen deal
Growth Investment Partners Ghana, a British International Investment platform, has announced a new investment in Rikair Company.
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Growth Investment Partners Ghana, a British International Investment platform, has announced a new investment in Rikair Company, a local provider of medical oxygen, equipment and infrastructure.
Access to medical oxygen has always been a challenge in Ghana. This was exacerbated by the Covid-19 pandemic which led to an increase in the number of people in need of oxygen.
This investment will enable Rikair to expand its distribution of medical-grade liquid oxygen to healthcare facilities across Ghana, making it more accessible to communities. This will help to address critical gaps in the sector and build a more resilient healthcare system in Ghana.
Kwabena Asante-Poku, coverage director for Ghana at British International Investment said: "Through Growth Investment Partners, British International Investment aims to drive positive, impactful and sustainable growth in Ghana’s SME sector. Rikair’s essential role in Ghana’s healthcare infrastructure makes it a perfect fit for our vision of supporting businesses that deliver tangible benefits to communities while creating economic value."
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