Iso Health Limited

completed

Iso Health Limited is a proposed $5.72 million investment in the first private tertiary care hospital targeting the mass market in Kenya with a primary focus on cardiac care. This will be a 130 bed multispecialty hospital of two stories and with a total floor area of 7926 sqm. It will be built in the suburbs of Nairobi (an area called ‘Ridgeways’) and is proposed to be managed with a strategic partner (‘Strategic Operating Partner’, ‘SOP’) - one of the world’s largest providers of affordable cardiac care managing 5000 plus beds in India. The total project cost is estimated to be $18.15 million which will be funded by IFC, Africa Health Fund (AHF), and a team of 3 Kenyan Doctors (the sponsors) of the Project. In Iso Health, IFC along with AHF worked for close to 1 year to bring together: i) an expert clinical team of Kenya’s leading cardiac specialists; ii) the project and hospital management expertise of the SOP - and; iii) the financial and investing expertise of the Abraaj Group- a hands on private equity fund with experience of investing in greenfield hospitals in India and Sri Lanka and healthcare companies in Africa.