Impact investor ELMA Investments, together with private equity fund IFHA and the Dutch Ministry of Foreign Affairs via PharmAccess Group, has invested USD 45 million in Dutch – African enterprise CarePay International. CarePay offers a fast growing mobile telephone platform in Kenya, Tanzania en Nigeria for healthcare payments between funders, healthcare providers and patients. So far, it has connected over 4 million users and 1200 healthcare providers via the platform. Stek advised ELMA Investments on its participation.

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