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News By Category: Healthcare

XSML invests in TMR Hospital in Kampala

Today, XSML, the fund manager active in Central & East Africa, announced its seventh investment in Uganda with TMR International Hospital (TMR). Kampala, Republic of Uganda, 09 July 2018 TMR is a general hospital that specializes in maternity healthcare, emergency relief and Ears, Nose and Throat. TMR started offering healthcare services in 2016 in Naalya, … Continued

XSML invests in Congolese Pharma

Today, XSML, the fund manager active in Central Africa, announced the investment of its African Rivers Fund (ARF) in B.I.S., a Congolese manufacturer of generic pharmaceutical products. For over 20 years, B.I.S. has been producing and marketing tested solutions to prevent and cure infections to ears, eyes and throat, for the local market.

Promed expands generic pharmaceutical production in Katanga

Today, Dutch fund manager XSML announced the final close of its Central Africa SME Fund (CASF). With increased commitments from two of its existing investors, FMO and Lundin Foundation, the fund reached a final close of USD 19 million.