The partnership between Trivitron Healthcare and Investment Funds for Health in Africa (IFHA) was recently announced to focus on providing medical devices and instruments
According to the official release, the joint venture will practically and actively support the accessibility and affordability of medical care and equipment across the African continent.
During the project’s initial phase, the headquarters of the venture will be located in Dubai, while sales and service will be directly offered for four major African establishments: Nairobi, Johannesburg, Lagos and Algiers.
“This is a first of its kind venture between the leading medical technology company in India and a leading healthcare private equity investor in Africa, with support from International Finance Corporation,” commented Trivitron’s Chairman.
At first, the covered medical departments will be laboratory medicine, imaging, emergency and intensive care, surgery and renal care, the firm’s representatives added. The products will be manufactured by Trivitron in its factories in India, Finland and Turkey, while the join venture will distribute them in African countries that need the support. Moreover, products of other companies will as well be promoted.
By developing this network, the companies aim at improving health care across African nations with poor medical care systems, as well as increasing the citizens’ access to proper medical investigations and services.