Falck and IFU to enter the African market

06.01.2016| There is a great shortage of healthcare services in Africa. A new joint venture between Falck, IFC and IFU will increase the supply of healthcare services by establishing and developing healthcare clinics in several African countries.

Africa is undergoing a rapid development with high economic growth, a higher concentration of people in cities and a growing standard of living for many people. This has led to an increased demand for healthcare services and consequently, a lack of healthcare clinics that can provide services of appropriate quality at prices that people can afford.

A new joint venture

Due to this demand, Falck, IFC and IFU have established a new joint venture to increase the supply of healthcare clinics and services in several African countries. The joint venture will build on Falck’s concept and expertise in delivering healthcare services in both the primary and secondary sectors combined with IFC and IFU's experience and knowledge of business operations in Africa and other developing countries.

- We expect that over time this partnership will enable Falck to establish a strong foothold in the region – to the benefit of all parties including the local communities, says Hans Jensen, Executive Vice President in Falck Emergency. 

- Access to primary and secondary healthcare services is of huge importance to people and we are pleased that we can assist Falck in getting these services across to people in Africa, says Tommy Thomsen, CEO, IFU.

The first contracts are expected to be in place in 2016

The new joint venture will either establish new or invest in already established healthcare clinics in order to develop them further. A number of opportunities have already been identified, and it is expected that the first contracts will be in place in 2016.

- IFC is proud to help bring Falck’s global expertise in health to Africa. We expect Falck to have a tremendous impact in Africa by improving access to good health services in places that desperately lack quality care, says Elena Sterlin, Global Manager for Health and Education in IFC.

Contact person
Ib Albertsen

Ib Albertsen

Investment Director, SME
Tel.: +45 33 63 75 49
Mob.: +45 22 68 75 49
iba@ifu.dk