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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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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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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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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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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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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 – 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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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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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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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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