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Investors pump millions into Nairobi Women’s Hospital

The Nairobi Women’s Hospital received a major boost after investors pumped $6.5 million in equity investment.

The investment by Swedfund and Abraaj Group will increase access, affordability and quality of health related goods and services at the hospital’s six branches.

“The government will continue to promote such collaborations that are aimed at providing quality health care for our people, I would like to comment the organisations in the health sector whose quality products and monetary support have assisted in health care provision,” said Prof Fred Segor principal secretary in the Ministry of Health during the agreement signing.

The equity investment is the highest one-off foreign direct equity investment in private health care in the country this year.

The Swedfund and Abraaj Group support private enterprises in developing countries through equity investment and loans to specific organisations with profitable track record and need capital to grow.

The investment agreement was signed by Shakir Merali Managing Director Abraaj Group,Henrik Nordlander Investment Manager Swedfund Regional Office and the hospitals CEO Dr Sam Thenya at the hospital on Friday evening.

Nairobi Women’s Hospital has five branches in Nairobi region in Hurligham, Adams, Rongai, Kitengela and Eastleigh.