{"id":595414,"date":"2019-09-25T04:33:08","date_gmt":"2019-09-25T04:33:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/opic-commits-usd-10mn-to-limevest\/"},"modified":"2019-09-25T04:33:08","modified_gmt":"2019-09-25T04:33:08","slug":"opic-commits-usd-10mn-to-limevest","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/opic-commits-usd-10mn-to-limevest\/","title":{"rendered":"OPIC commits USD 10mn to LimeVest"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- OPIC commits USD 10 mn to LimeVest: <\/b>The Overseas Private Investment Corporation (OPIC)<\/a>, the US government\u2019s development finance institution, has committed USD 10 mn to Sharif El Akhdar\u2019s LimeVest<\/a>, which will deploy the funds in healthcare investments that have a special focus on women and children, it said in a statement (pdf)<\/a>.<\/p>\n

It\u2019s the first publicly announced fundraising for LimeVest<\/b>, which focuses on providing long-term capital and expertise to middle-market and lower-middle market businesses in Egypt. OPIC financing will allow LimeVest to invest in healthcare businesses to enhance their competitiveness, create jobs, promote the role of women in the workplace, and ultimately expand access to basic healthcare services, the statement said.<\/p>\n

Underserved healthcare market needs value-added investing, LimeVest says:<\/b> LimeVest views Egypt\u2019s healthcare system as underserved, with low spending and inefficiency creating a gap in the market that can be filled by value-added investing. Total spending on healthcare in Egypt rang in at USD 7.5 bn in 2017, making up less than 4% of GDP, and the number of hospital beds stood at just 1.3 per 1000 citizens.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- OPIC commits USD 10 mn to LimeVest: The Overseas Private Investment Corporation (OPIC), the US government\u2019s development finance institution, has committed USD 10 mn to Sharif El Akhdar\u2019s LimeVest, which will deploy the funds in healthcare investments that have a special focus on women and children, it said in a statement (pdf). It\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":595415,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[101,72,7115,125,2334,9356,758,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-development-finance","tag-enterpriseam","tag-healthcare","tag-investment-watch","tag-limevest","tag-opic","tag-private-equity","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0fe4257f-97be-47c7-a087-4c71f64c536f","is_powered_by":true,"section_story_id":"cbecf5f7-ba5a-40b8-baeb-ecbd4c4c51d3","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/4\/308.jpg","photo_position":"above","related_issue":[595406],"teaser":"","voice_url":""},"yoast_head":"\nOPIC commits USD 10mn to LimeVest - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/opic-commits-usd-10mn-to-limevest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OPIC commits USD 10mn to LimeVest\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- OPIC commits USD 10 mn to LimeVest: The Overseas Private Investment Corporation (OPIC), the US government\u2019s development finance institution, has committed USD 10 mn to Sharif El Akhdar\u2019s LimeVest, which will deploy the funds in healthcare investments that have a special focus on women and children, it said in a statement (pdf). 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Four ministers, including Nasr, had sat down with\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/10\/684.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556517,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/28\/bidding-war-for-alex-medical-cooling-off\/","url_meta":{"origin":595414,"position":4},"title":"Bidding war for Alex Medical cooling off?","author":"enterpriseam admin","date":"28 October 2021","format":false,"excerpt":"The bidding war for Alex Medical appears to be cooling down, with Alexandria Medical Investment subsidiary TAT Medical Service being the latest to pull its offer to acquire up to 100% of Alex Medical Services, according to a Financial Regulatory Authority statement (pdf). 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