Five notable African healthcare deals

We highlight five African healthcare investments, as featured in our Dealmaker’s Log.

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We highlight five African healthcare investments over the past 12 months, as featured in our Dealmaker’s Log, a database of reported investment deals, exits, and fundraising milestones. Subscribe to this service here

1. Morocco: Mediterrania invests in a unit of Dislog’s health division

Mediterrania Capital Partners made an investment in Morocco’s Dislog Dispositifs Médicaux (DDM) through a Dh540 million ($59 million) capital increase together with CDG Invest Growth.

DDM aims to become the one-stop-shop for medical device solutions across therapeutic areas – covering everything from equipment procurement and deployment to engineering, technical support, and maintenance services. Read the full article

2. TLG Capital in Uganda healthcare deal

TLG Capital, an Africa-focused private credit fund manager, completed a senior secured debt facility of up to $2 million for a Ugandan healthcare distributor.

The deal represents TLG’s eighth investment into African healthcare, with previous investments spanning across Liberia, Nigeria, Uganda, Benin, Togo, Niger, Burkina Faso, Mali and Côte d’Ivoire. The firm’s track record in Uganda began in 2009, with an investment in Quality Chemicals Industries, which manufactures antiretrovirals and antimalarials. Read the full article

3. Salt Capital acquires Namibia’s Rhino Park Private Hospital

Salt Capital acquired Rhino Park Private Hospital, a multi-disciplinary private hospital based in north Windhoek, Namibia.

Founded over 30 years ago, Rhino Park first opened its doors as a day hospital with two operating theatres and a primary health care clinic. Since then, the hospital has evolved into a 120-bed and four operating theatre full-service hospital, with a specialism in maternity and neonatal healthcare. Read the full article

4. AfricInvest backs Kenyan medical oxygen provider

AfricInvest, through its blended-finance impact vehicle Transform Health Fund, invested $10.5 million in HewaTele, a Kenyan medical oxygen provider.

Access to medical oxygen remains one of the most pressing but under-addressed challenges in East Africa’s health systems. In Kenya alone, over 70% of existing pressure swing adsorption oxygen plants are either non-operational or producing oxygen at purity levels far below the World Health Organisation’s 90% minimum standard for medical use. Read the full article

5. South Africa: Summit Africa announces healthcare investment

Private equity firm Summit Africa acquired 55% shareholding in St Mary’s Hospital in Mthatha, located in South Africa’s Eastern Cape province, from Life Healthcare Group.

Summit also has a majority interest in a healthcare management company Crestcare Hospital Group, which will manage St Mary’s Hospital. Read the full article

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