AfricInvest in healthcare sector private credit deal

Image Credit: Pixabay

AfricInvest Private Credit is providing financing to a decade-old Kenyan hospital chain in what is the debt vehicle’s first investment in the country’s healthcare sector. Ruai Family Hospital Ltd (RFH) will use the credit facility to bolster its working capital position as well as support its plans to expand its chain of hospitals to many other locations across the country. As we went to press this week, the details of the financing’s structure had not been made available.

From humble beginnings, RFH now operates eight facilities offering its clients a broad range of hospital options from primary outpatient services to highly-specialized and critical care services. Currently, the hospital serves over 100,000 patients every year, both premium clients and those who rely completely on Kenya’s National Hospital Insurance Fund for their healthcare needs.

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