African Medical Investments: funding in place and big potential
Hot on the heels of the announcement of a US$47m equity line agreement secured through Harbinger Capital Partners, the AIM listed company operating in the African healthcare sector announced encouraging results for the six months to 31st August 2009.
The Group appears to have made excellent progress in the period with its roll out strategy of state of the art private healthcare facilities and boutique hospitals across Africa.
Two new healthcare facilities were added to portfolio at Dar es Salaam and Cape Town International Airport and construction of the new facility at Maputo is well advanced and targeted to be operational by end of March 2010.
Management commented that there were impressive patient…
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