Dr Ola Brown, managing partner and co-founder of Flying Doctors Healthcare Investment Company announced that the company intends to set up a $1 billion fund to invest in health care and wellness across Africa.
She made this known in an interview recently; “We are raising in three tranches within four years. The first $200 million by the end of first quarter next year, and then $300 million and $500 million.”
Flying Doctors Healthcare Investment Company already has investments in a number of health care technology companies worth an estimated $200 million. The companies include MDaas Global, LifeStore Pharmacy and Helium Health and operate in diagnostics, pharmaceuticals and telemedicine
She noted that the company has been investing in Nigeria and it wants to open up to to external investors and to now invest in more companies.
34 year old Brown founded the air ambulance service Flying Doctors 10 years ago and later set up the investment company to fund health care firms. The Flying Doctors Healthcare Group invests and operates across the healthcare value chain in air ambulance services & logistics, consulting/healthcare technology, hospital/clinic construction, diagnostics and equipment, health facility management and pharmaceutical retail.
