EAEF to invest USD 3 mn in in primary care clinic chain Dawi
INVESTMENT WATCH- EAEF to invest USD 3 mn in primary care clinic chain Dawi: The Egyptian-American Enterprise Fund (EAEF) announced yesterday (pdf) that it will invest as much as USD 3 mn in primary care clinic chain Dawi Clinics and the training of its medical staff. The EAEF zeroed in on Dawi’s approach, which introduces “a new standard in outpatient care” as key to the improvement of healthcare in Egypt. EAEF “shares our vision to support the development of the Egyptian healthcare sector,” says our friend Magda Habib, CEO at Dawi, who said the outfit looks to offer “affordable, value-based healthcare for the entire country.” Funding from the EAEF will allow Dawi to “grow our chain of clinics, as well as continue to innovate our medical services,” she added.
Dawi positions itself as an answer to our complaint that we live in a land in which a “general practitioner” or “family physician” is as rare as a leprechaun riding a unicorn. Longtime readers know how bullish we are on the future of the healthcare industry, and Dawi is a player to watch.