Clinics: $28m IFC support for Lenmed South Africa

Clinics: $28m IFC support for Lenmed South Africa

The funding will enable the private clinic operator to double the number of beds.

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            ▪ Clinics: $28m IFC support for Lenmed South Africa

▪ The funding will enable the private clinic operator to double the number of beds.

https://www.africabusinessplus.com/en/814098/clinics-28m-ifc-support-for-lenmed-south-africa/

The IFC will invest up to $28 million in Lenmed Investments United to “support the expansion” of the South African company, Africa Business+ has learned. The capital injection is to be followed by another financing of $23 million from an unnamed backer, possibly in the form of debt.

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