NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Tuesday, October 9, 2018

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.