Tuesday
October 9
2018

LeapFrog invests in Pyramid Group

LeapFrog Investments has invested in Pyramid Group, the largest specialty distributor for cardiac and orthopaedic equipment in East Africa.

Founded in 2001, the company offers a comprehensive range of quality medical products from top-tier brands including Medtronic Plc and Johnson & Johnson, opening-up access to specialised products like pacemakers and hip replacements for consumers in Africa who historically have had to travel abroad to access specialist products and treatments.

This has contributed to the c.$1bn a year lost by Africa on medical tourism abroad.

Pyramid’s products are distributed in countries across Sub-Saharan Africa, including Tanzania, Kenya, Uganda, Rwanda, Mozambique, Ethiopia, Nigeria and Ghana.

Photo courtesy of GotCredit.

Source: Africa Global Funds (link opens in a new window)

Categories
Investing
Tags
emerging markets, impact investing, investors