North Africa Hospital Holdings was created in 2014 in partnership with DEG, EBRD and Proparco as co-investors and led by RMBV. The Company is a healthcare holding company, incorporated in Malta as Creed Healthcare Holdco Ltd and established to own and operate hospitals in Egypt, Tunisia, Morocco, and Algeria. The Company benefits from the strong track record in healthcare of its sponsors, and has focused on improving the standards of medical treatment through international accreditation, upgrade of medical and diagnostics equipment, and implementation of more advanced patient management and records systems, in a region suffering from an undersupply of quality healthcare. The Company's two subsidiaries are Taoufik Hospitals Group in Tunisia and Cleopatra Hospitals Group in Egypt, which treat annually over 1 million patients per year.
Cleopatra Hospital Group (Egypt)
In 2014, NAHHG invested in the Egyptian hospital sector by acquiring Cleopatra Hospital Company, followed by the acquisition of Cairo Specialist Hospital. In 2015 and 2016 it acquired two other hospitals in Greater Cairo, Nile Badrawi Hospital and Al Shorouk Hospital. Cleopatra Hospitals Group (CHG) was listed on the Egyptian Stock Exchange in 2016, raising capital to invest in CHG's expansion. CHG today is the largest private hospital group in Egypt and North Africa. Since the initial investment, NAHHG invested over EGP 1 billion in upgrading CHG's facilities, medical equipment and systems. http://www.cleopatrahospitals.com
Taoufik Hospital Group (Tunisia)
In 2014, NAHHG invested in the Tunisian hospital sector by acquiring Taoufik Hospital, followed by the acquisition of La Soukra Hospital. NAHHG opened the brownfield Ezzahra Hospital in 2017 adding the third hospital in the capital Tunis. In 2018 the Group acquired the fourth hospital Hannibal Hospital. Taoufik Hospitals Group (THG) today is the largest hospital group in Tunisia. Since the initial entry, NAHHG invested over TND 100 million in upgrading THG's facilities, capacity, medical equipment and systems. https://www.taoufikhospitalsgroup.com