PROJECT

Projects

Summary of Investment Information

Project Number

43317

Company Name

INTEGRATED DIAGNOSTICS HOLDINGS PLC

Date SPI Disclosed

May 18, 2021

Country

Egypt, Arab Republic of

Region

Africa

Projected Board Date

Dec 8, 2020

Environmental Category

B - Limited

Status

Active

Last Updated Date

Sep 30, 2022

Department

CM3M3 - Regional Industry - MAS ME & Africa/Manufacturing - Middle East

Industry

other

Previous Events

Approved : Dec 8, 2020
Signed : Apr 21, 2021
Invested : May 19, 2021

Sector

other

Project Description

 Integrated Diagnostics Holding Plc. (IDH or the Company) is a leading diagnostic service provider in the Middle East and Africa (MEA) region offering pathology and radiology services in Egypt, Jordan, Sudan and Nigeria. The Company has a 40-year track record and is a trusted and quality provider of diagnostics services with internationally recognized accreditations (ISO, CAP and JCI). IDH offers over 2,000 diagnostic tests under 7 key brands with strong reputation in underserved markets. As of September 30, 2020, IDH has a network of 471 branches and employs over 5,500 employees across its geographic footprint. IDH is a Jersey registered public limited company listed on the London Stock Exchange (LSE) since May 2015. IDHs investment plans include expansion plans in Egypt and new acquisitions and greenfield investments in other emerging markets as well as achieving a dual listing of its shares on the Egyptian Stock Exchange (EGX) (the Project).

Associated Advisory Engagement

(i) IFC is supporting IDH in becoming the first healthcare provider in MEA to seek the EDGE Gender Equality Certification, in efforts to create a gender-equal workplace; and

(ii) Through the implementation of the IFC healthcare quality advisory, IFC is supporting IDH to overcome any quality and patient safety challenges in its radiology operations, to support IDHs aim of becoming the first stand-alone radiology facility to receive American College of Radiology (ACR) accreditation in Egypt.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation