PROJECT

Projects

Summary of Investment Information

Project Number

43161

Company Name

NYAHO HEALTHCARE LIMITED

Date SPI Disclosed

Feb 5, 2020

Country

Ghana

Region

Africa

Projected Board Date

Mar 10, 2020

Environmental Category

B - Limited

Status

Active

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS Africa

Industry

Health, Education and Life Sciences

Previous Events

Approved : Apr 6, 2020
Signed : Jun 24, 2020
Invested : Nov 30, 2020

Sector

Hospitals and Clinics

Project Description

Nyaho Medical Centre (hereinafter referred to as “Nyaho” or “the Company”) is a leading Ghanaian private healthcare service provider that was established in 1970, by the late Dr. Kwami Nyaho Tamaklo, as the first private healthcare group in Ghana. Nyaho currently operates: a 45 bed main hospital in the Airport residential area of Accra; a primary care satellite in the Octagon Building located within Accra’s central business district; and a wellness health hub located within the main hospital.

The Company aims to establish additional primary and urgent care satellites as well as a health hub in strategic locations to implement a hub-and-spoke model; renovate the main hospital; and refinance existing debt.

Associated Advisory Engagement

As part of the appraisal, IFC has provided advisory support through the Healthcare Quality Assessment Tool whose recommendations will be implemented by the Company. IFC has also proposed additional advisory support through IFC’s Excellence in Design for Greater Efficiencies (“EDGE”) tool.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation