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
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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