42285
HUMANIA NORTH AFRICA HOLDING LTD
May 2, 2019
Middle East, Pakistan, and Afg Region
Middle East
Jun 20, 2019
B - Limited
Active
Sep 30, 2022
Regional Industry - MAS Africa
Health, Education and Life Sciences
Approved : Sep 13, 2019
Signed : Dec 23, 2019
Invested : Jun 3, 2020
Hospitals and Clinics
The project is to incorporate a holding company, Humania, that will focus on developing a network of high-quality multispecialty hospitals and healthcare assets in emerging markets, mainly North Africa and Pakistan (the “Project” or “HoldCo”). Humania will be established by Bait Al Batterjee Medical Co (“BAB Group”), an existing IFC client, and will initially focus on four projects (total of 641 beds): acquisition of one operating hospital from BAB Group in Egypt; two greenfield projects in Egypt; and one greenfield project in Morocco.
BAB Group will provide a turnkey development solution and operational support to Humania and all assets will be operated under the Saudi German Hospital banner.
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Local Access of Project Documentation
Disclosed above.