Finnfund backs private healthcare company Humania
Finnish development financier Finnfund has joined forces with other international financial institutions to back private healthcare company Humania.
Humania will utilise the funding to expand health services and improve medical care in Morocco and Egypt by developing a network of multi-speciality hospitals and healthcare assets.
Finnfund’s share of the total $125 million financing facility is $18.75 million.
“With this financing package, Humania will be able to provide high-quality healthcare to more people as well as quality jobs for healthcare professionals,” says Finnfund’s investment manager Markus Pentikäinen.
Finnfund joined forces with the OPEC Fund for International Development, the European Bank for Reconstruction and Development, and the IFC Managed Co-Lending Portfolio Programme (MCPP).
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