India Health-Care Providers Look to Tap Africa ‘Growth Wave’
Cash-rich Indian hospital groups such as recently listed Narayana Hrudayalaya Ltd. are setting up operations in Africa to tap a growing stream of middle-class patients from the continent seeking quality health-care. With financing from Abraaj Group’s Africa Health Fund and the International Finance Corp., the Mumbai-listed group is partnering with Kenyan investors and will break ground on a 130-bed specialist cardiac hospital in the capital, Nairobi, in January. Another group of investors is joining forces with Gurgaon, India-based Medanta Hospital to set up a 200-bed facility in the East African nation.Source: https://www.bloomberg.com/news/articles/2016-11-25/africans-seeking-health-care-in-india-draw-hospitals-to-kenya
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