Musa, Swiss Partner to Help African SMEs in Healthcare

Tuesday, April 15, 2014

Musa Capital and Quadia, a Swiss wealth and investment management company, will run the Economic Development for Health Fund, launching with $20m in the second quarter of the year.

The open-ended fund aims to raise $75m by the end of the year and to reach $500m in the next five years. The fund is backed by Credit Suisse, while Accenture Development Partners, the not-for-profit development arm of the consulting firm Accenture, will help to develop the SMEs

Source: Business Day South Africa (link opens in a new window)

Categories
Entrepreneurship, Health Care
Tags
business development, global health, healthcare technology, investment fund, small and medium enterprises