IFHA-II COOPERATIEF U.A.
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
The Investment Fund for Health in Africa II raised US$ 99.4 million for the first closing. FMO will invest up to US$ 24 million in the Investment Fund for Health in Africa II. The Fund obtained support from various international institutions, including DFI's and pension funds. This fund is the successor fund of the Euro 50.1 million Investment Fund for Health in Africa I.
What is our funding objective?
The Investment Fund for Health in Africa II is a private equity fund dedicated to small to medium size (equity) investments in private healthcare companies in Sub Sahara Africa. IFHA focuses on companies active in the following sectors: (i) care provision; (ii) wholesale and distribution of healthcare products and; (iii) health insurance.
Why do we fund this investment?
FMO played an anchor investor role in the Investment Fund for Health in Africa I and following its success, an investment in the Investment Fund for Health in Africa II made business sense and fits well in FMO's overall funds portfolio. The private health sector has outperformed general economic growth over the past number of years, showing great further potential. The development impact of health investments in Sub Sahara Africa is significant.
- Website customer/investment
- http://www.ifhafund.com
- Region
- Africa
- Country
- Africa
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 6/5/2015
- Total FMO financing
- USD 24.00 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B