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Home Funding

Dawi Clinics in Egypt raises $6.5 million to fund its expansion

Tech Gist Africa by Tech Gist Africa
06/01/2023
in Funding, Healthcare, Healthtech, Middle East and Africa, News - Middle East And North Africa
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Dawi Clinics Egypt

Dawi Clinics Egypt

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Dawi Clinics, an Egyptian outpatient care company, has raised EGP 250 million ($6.5 million) to expand its clinic chain across Egypt by opening 30 new branches.

The Egyptian-American Enterprise vehicle (EAEF), a US congressionally supported investment vehicle that has already invested in Dawi, participated in the investment round with Al Ahly Capital Holding (ACH), the local investment arm of the National Bank of Egypt (NBE).

Dawi Clinics, which presently has 20 locations spread throughout 10 governorates, provides integrated family care from more than 260 medical professionals with a variety of specialties. 

The distinctive operational model of Dawi Clinics improves patient outcomes by hand-selecting doctors and enabling them to collaborate on a cloud-based platform for electronic medical records that maintains a record of all patient medical information.

“Our doctors are our key asset. We are proud of our high caliber, empathetic, young, and educated team of doctors.  We have high trust in the superior caliber of Egyptian physicians who graduated and trained in Egyptian medical institutions When supported by a solid institution that operates within a structured framework, they can deliver superior care and better outcomes for each of our patients” according to Mairose Doss, co-founder and COO of Dawi Clinics.

More than 120 000 people nationwide were served by Dawi’s services in 2022.

 

Read more on Tech Gist Africa:

Camel Ventures, an Egyptian firm, has launched a fintech fund with $16 million. 

Balad, a fintech startup in Egypt, has secured a pre-seed funding

Almentor, an Egyptian ed-tech startup, secures $10 million in pre-Series C funding

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