Ciel Healthcare

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Ciel Healthcare Limited (“CHL”) will acquire and manage healthcare entities across Sub Saharan Africa (“SSA”) in association with Fortis Healthcare Limited (“Fortis”). CHL and Fortis have experience in directly and indirectly owning and managing two healthcare entities in SSA. CHL will acquire the entities and post-investment, the entities will be managed by CHL’s wholly owned subsidiary Ciel East Africa Healthcare Limited (operating under the name ‘Ciel Healthcare Africa’ (“CHA”)) which has a management support agreement with Fortis. Under the management contract, each healthcare entity will receive management level staffing support, operational support for processes and protocols, medical and paramedical staff and ongoing training of staff.The purpose of the Project is to increase access to quality healthcare in SSA by helping to scale small healthcare entities that provide a majority of healthcare services in SSA.