Ghanaian health tech startup mPharma acquires majority stake in Nigeria’s HealthPlus

Ghanaian health tech startup mPharma acquires majority stake in Nigeria’s HealthPlus

Published: 19-09-2022 09:50:00 | By: Pie Kamau | hits: 4436 | Tags:

Ghanaian health tech startup mPharma has acquired a majority stake in HealthPlus, a pioneer pharmacy chain in Nigeria.

Gregory Rockson, Co-founder and CEO, mPharma: ''mPharma is deepening its long-standing commitment to Africa by reimagining primary healthcare in some of the most vulnerable communities on the continent. We continue to transform community pharmacies into primary care centres to provide affordable and accessible healthcare to all patients so they can live not just longer but healthier lives. We are optimistic about the future of healthcare for Nigerians through the acquisition of HealthPlus.''

Founded in 2013 and headquartered in Ghana, mPharma has operations in 9 other African countries including Nigeria, Zambia, Kenya, Malawi, Rwanda, Ethiopia, Gabon, Togo, and Uganda. The startup has a  network of over 400 pharmacies across its markets, serving more than 100,000 patients each month. The acquisition was also facilitated by mPharma’s former investor, Alta Semper Capital.

Afsane Jetha, Co-founder and CEO, Alta Semper Capital: ''We are delighted about HealthPlus’ partnership with mPharma. We have a strong conviction in mPharma’s strategy of revolutionizing primary care across Africa and believe mPharma is the ideal steward for HealthPlus’s next chapter of growth. We believe mPharma’s vision is consistent with that of HealthPlus’s shareholders and employees, and we are enthusiastic to support the business through a relationship with mPharma going forward.''

www.mpharma.com
www.healthplusnigeria.com