Nigeria-based Flint Atlantic Capital Partners and US-based Polaris Partners have teamed up to back Africa Healthcare Network (AHN), Rwanda’s largest dialysis and kidney care services chain in an undisclosed deal.
AHN operates dialysis units in both stand-alone centers and government hospitals. The fresh capital, which was provided via a convertible note, will be used to fund AHN’s expansion in Rwanda and across Africa over the next 2 years. The plan calls for the company to open over 20 dialysis centers to meet the expected growth in demand caused by concurrent demographic and epidemiological changes that increase the prevalence of Chronic Kidney Disease.
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