Mmegi

Africa Lighthouse snaps up Medlane stake

Making moves: Pule
Making moves: Pule

Local private equity firm, Africa Lighthouse Capital (ALC), has sealed the acquisition of a 76% stake in Medlane Holdings, a local day hospital operator, an asset which the investment firm believes will create a splash in the local healthcare sector.

Whilst healthcare remains a sector dominated by public investments, it is a growing area attracting private capital as frustrations over the public healthcare system continue to mount.

ALC will now be the majority shareholder in Medlane and hopes to vastly expand the Medlane business case into novel healthcare niches such as preventative care, complex surgeries, and post-surgical healthcare.

Editor's Comment
Warm relations must not come at the expense of fair trade

“I believe that free but fair trade isan absolute imperative”– John E. JamesFor two countries bound by geography, history and deep economic ties, periods of diplomatic strain serve neither side well. President Duma Boko’s efforts to restore momentum to relations with Pretoria deserve recognition, particularly at a time when Southern Africa faces shared challenges ranging from sluggish economic growth and unemployment to energy security...

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