Clinique Biasa, a private hospital and clinic in Lomé, Togo, West Africa, has received $1.7m investment from Aureos Capital's Africa Health Fund for the hospital's $5m modernisation and expansion plan that will treble bed capacity at the facility.
Aureos Francophone West Africa partner Kodjo Aziagbe said the clinic is currently operating at full capacity which speaks volumes about its potential as an attractive investment.
"Our investment will ensure modernisation of the clinic's existing facilities and the development of new and vital diagnostic services that will positively impact patient healthcare and well-being," Aziagbe added.
The investment also aims to enable low income Africans access to affordable and quality health services as well as increase the range of treatments and services offered to patients in Togo.
Clinique Biasa managing director Moise Fiadjoe said through its diverse investments in the healthcare sector, Aureos has demonstrated a unique understanding of the challenges and opportunities facing healthcare businesses in Africa.
"It is particularly exciting to be able to introduce cutting-edge services and equipment in the clinic," Fiadjoe said.
"As well as meeting growing local demand for the highest quality of care, it also ensures that Clinique Biasa can play an important part in helping to reduce the brain drain of clinical talent that has seen locally trained doctors leave Togo to gain top-class clinical experience elsewhere," Fiadjoe added.
The private equity fund management company Aureos has raised a total of $105m for the Africa Health Fund and has also invested in the Nairobi Women's Hospital, C&J Medicare Hospital in Ghana and a Kenyan healthcare device company, Revital Healthcare.
Founded in 1975, Clinique Biasa currently offers more than 15 speciality services and serves the residents of Togo and its neighbouring countries.