Rx Healthcare Fund, a private African direct investment fund under establishment, announced that GE Healthcare, provider of transformational medical technologies and services, joined the list of the fund’s partners. Rx Healthcare Fund, is led by former Egyptian Minister of Health Hatem El Gabaly and managed by a newly setup fund manager and EFG Hermes. In the same context, El Gabaly, said that the importance of the fund partners is far beyond the financial investments. On the other hand, President and CEO of GE Healthcare Africa Farid Fezoua said the access to long term financing is the cornerstone for sustainable healthcare development in Africa. They offer significant opportunities for private healthcare companies to invest in this market.

Source: Daily News Egypt October 02, 2017 17:37 UTC