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Tag: Mergers & Acquisitions

Ascent Capital set to acquire a majority stake in Diani hospital group

20 April 202220 April 2022

KENYA – Private equity firm Ascent Capital has agreed to acquire a majority stake in Diani-based hospital group Diani Beach Hospitality Limited (DBH). Ascent Capital is an entrepreneurial investment partner…

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CFAO Healthcare acquires minority stake in Goodlife Pharmacies

1 April 20221 April 2022

KENYA – CFAO Healthcare, a leader in the African pharmaceutical market, has signed a memorandum of understanding to acquire 30% of Goodlife Pharmacies, East Africa’s leading pharmacy chain, from LeapFrog…

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Brmaja acquires majority stake in Wellness Plus mental health platform

21 March 202222 March 2022

EGYPT – Brmaja Innovation, a subsidiary of Saudi tech firm Brmaja, has acquired a majority stake in Wellness Plus to launch and manage Wellnessplus.live platform for online mental health services.…

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Astute Imaging acquires Egyptian healthcare startup DilenyTech

18 March 202218 March 2022

EGYPT – Astute Imaging, a healthcare IT solutions company, has acquired Egyptian deep technology healthcare startup DilenyTech at an undisclosed amount. DilenyTech was founded in 2018 to improve the accuracy…

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KELIX bio expands into Moroccan market by acquiring Pharmaceutical Institute

9 March 20229 March 2022

MOROCCO – KELIX bio, a unique pan-African biopharmaceutical platform, has entered into a binding commitment to acquire Pharmaceutical Institute (PHI). The acquisition, which will be financed through up to a US$200 million…

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RadNet broadens AI focus with acquisitions of two Dutch companies

27 January 202227 January 2022

USA – RadNet, a provider of imaging services, has acquired Dutch artificial intelligence (AI) software developers Aidence and Quantib in deals that the company hopes will enable large-scale lung and…

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Nigeria’s Helium health acquires UAE-based health platform Meddy

11 November 202112 November 2021

NIGERIA – Nigeria-based health tech startup Helium Health has acquired Meddy, a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. The acquisition, termed as a great deal by…

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World-shattering E-health startup mPharma acquires Uganda’s Vine Pharmacy

28 October 202128 October 2021

GHANA – Ghanaian health startup, mPharma, has acquired a majority stake in Ugandan-based pharmacy, Vine Pharmacy. This is coming two years after mPharma bought Kenyan-based Haltons Pharmacy for US$5m, signaling…

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Acino Health acquires US$121.5M select prescription drugs from Aspen Pharmacare

25 October 202125 October 2021

SOUTH AFRICA – Drug maker Aspen Pharmacare has sold six prescription medicines used for the treatment of gastroenterology, erectile dysfunction and cardiovascular diseases to Swiss pharmaceutical company Acino Healthcare Group…

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Imperial holdings acquires 25% stake in Mauritian health startup Vicore Health

4 October 20214 October 2021

MAURITIUS – Imperial, through its Market Access Healthcare business, has made a strategic investment in Vicore Health, an emerging Mauritian based health product industry service and technology provider. Vicore health…

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May 20, 2022

About 1 billion people globally denied access to assistive products: Report
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May 20, 2022

#Aenova Group invests US$11 mln to expand production of highly potent drugs in Germany
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May 20, 2022

Pollution caused 1 in 6 deaths globally for five years, study says
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OliveMugendaProf. Olive Mugenda Ph.D MGH@OliveMugenda·
May 18, 2022

The Cath-Lab at KUTRRH is now ready for commissioning. Cath-Lab is a specialised lab that deals with diagnosing blockages within the heart, unblocking as well as performing other interventions like cardiac pacemaker placements.
A great milestone for KUTRRH, MoH and Kenyans.

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May 16, 2022

Health and wellness startup @FlexifyMe raises US$300K in seed round
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