International Finance Corporation invests in Ciel Healthcare Limited


Conyers Dill & Pearman advised International Finance Corporation (IFC) and a prominent European DFI on their investment in Ciel Healthcare Limited (“CHL”), a company that manages secondary and tertiary healthcare delivery providers across sub-Saharan Africa.

Ciel Healthcare Limited (“CHL”) is a Mauritian registered company that invests in, and manages, secondary and tertiary healthcare delivery providers across Sub-Saharan Africa (“SSA”). CHL is a wholly owned subsidiary of Ciel Ltd (“Ciel”), a leading Mauritian industrial and investment conglomerate listed on the Mauritius Stock Exchange. CHL is an investment holding company that makes equity investments in healthcare service providers.

The investment would be used to acquire and manage additional healthcare providers across the region.

Sameer K. Tegally of Conyers’ Mauritius office advised on the matter.

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