"The multi-specialty hospital will be a state-of-the-art tertiary care facility poised to cater to patients across different specialties," the firm said the notification to Mumbai based Stock Exchange. Updated Tue, June 7th 2016 at 00:03 GMT +3An Indian company has partnered with Kenyan doctors and international financial institutions to set up a Sh500 million hospital in Nairobi. Details of where the hospital will also be located in Nairobi are also still scanty. Narayana Hrudayalaya Limited (NH) said it would initially own a 26 per cent equity stake in the operational entity for a consideration of $1.325 million (Sh132.5million). "The multi-specialty hospital in Nairobi will aim to address issues of affordability and accessibility to quality healthcare services in Kenya and the neighbouring African region," Dr Ashtosh Raghuvanshi, the Group Chief Executive Officer of Narayana Hrudayalaya Limited said in a statement.

Source: Standard Digital June 06, 2016 21:00 UTC