PROJECT

Projects

Summary of Investment Information

Project Number

35404

Company Name

GOODLIFE PHARMACY LIMITED

Date SPI Disclosed

Nov 18, 2014

Country

Kenya

Region

Africa

Projected Board Date

Dec 22, 2014

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 23, 2022

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Health, Education and Life Sciences

Previous Events

Approved : Jan 29, 2015
Signed : Feb 17, 2015
Invested : Mar 5, 2015

Sector

Pharmaceuticals and Medicine

Project Description

Goodlife Pharmacy Limited is a company established by Africa Chemist & Beauty Care Inc. (“ACBC”) to be the leading branded pharmacy chain in East Africa. It presently consists of 5 recently acquired pharmacy stores operating under the brand name “Mimosa” in multiple locations in Kenya. Over the next 5 years Goodlife aims to rebrand these stores and acquire and establish new stores to create the leading branded pharmacy chain in East Africa (the “Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation