Flying Doctors Healthcare Investment Company plans to set up a $1 billion fund to invest in health care and wellness across Africa.
“We are raising in three tranches within four years,” Ola Brown, the company’s managing partner and co-founder, said in an interview. “The first $200 million by the end of first quarter next year, and then $300 million and $500 million.”
Based in Nigeria, Flying Doctors Healthcare Investment Company already has a number of health care technology companies in its portfolio that are worth an estimated $200 million. The companies include MDaas Global, LifeStore Pharmacy and Helium Health and operate in diagnostics, pharmaceuticals and telemedicine…
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