Groupe Novamed is a leading private healthcare provider in West Africa. Founded in 2015 through the Management Buy Out of Saham Santé's clinics in sub-Saharan Africa, it was established by Sami Chabenne and Raymond Farhat with the support of Amethis Investment Fund, which focuses on Africa and has investments in 6 countries across the continent. The founders aim to meet the rising demand for quality healthcare from a rapidly developing middle class in sub-Saharan Africa, where the current offerings are predominantly lacking in quality. The region suffers from fragmented healthcare services, low investment in technical infrastructure, and limited capacity to treat chronic diseases.
The recent Private Equity Round investment in February 26, 2019 was made by The EuroMena Funds. As Groupe Novamed continues to address the healthcare needs in the region, its growth trajectory and strategic positioning make it an attractive prospect for investors looking to tap into the evolving healthcare landscape in Africa.
