Little Dig re: (lb) Notable
>>14944011 Gates Foundation Offers $4Million to Fix Syringe Shortage for Covid Shots (funds Kenyan Company - ?possible tie to drought article from earlier?)
Revital Healthcare (EPZ)Limited is currently the only WHO prequalified manufacturer for vaccine syringes in Africa that is contracted by UNICEF and WHO for syringe supply.
Kenyan medical supply manufacturer
Received nearly $4 million from the Bill & Melinda Gates Foundation to expand production of auto-disable vaccine syringes.
November 4, 2021
https://guardian.ng/ama-press-releases/kenyan-auto-disable-syringe-manufacturer-revital-healthcare-receives-grant-funding-to-ramp-up-syringe-manufacturing-to-address-looming-shortfall-in-low-and-middle-income-countries/
The chief executive and founder of the collapsed Dubai-based private equity firm Abraaj Capital Ltd, Arif Naqvi, was sentenced in absentia to three years in prison by a court in the United Arab Emirates, reported Bloomberg on Thursday.
Naqvi was arrested in the United Kingdom on US charges that he defrauded investors, including the Bill & Melinda Gates Foundation. In May, he was granted conditional bail of $20m after a London judge dismissed prosecutors’ bid to keep him in custody while he fought extradition to the US.
August 9, 2019
https://www.dawn.com/news/1498798
Abraaj Founder Charged With Fraud in U.S.
Arif Naqvi accused of misappropriating more than $230 million in an SEC complaint
April 11, 2019
https://www.wsj.com/articles/abraaj-founder-charged-with-fraud-in-u-s-11555027808
The Aureos Africa Health Fund has invested USD2.75 million in a Kenyan healthcare devices company, Revital Healthcare EPZ Limited (Revital).
Established by Aureos, cornerstone investors in the Africa Health Fund include the International Finance Corporation, the African Development Bank, DEG, and the Bill & Melinda Gates Foundation.
Board of Directors Chairman, Dr Rajnikat Vora
http://revitalhcare.com/newsb.html
Dr Rajnikant C Vora is Chairman of the Vora Group of Companies (which includes Revital Healthcare (EPZ) Limited and Revital Pharma Limited). Revital Healthcare (EPZ) Limited is a family business with headquarters based in Kenya. They are a manufacturer of medical devices and, over the past 12 years, have grown to become one of the largest internationally certified manufacturers of numerous medical products on the African continent.
https://www.jerseyfinance.je/events/supporting-family-businesses-to-navigate-these-challenging-times-a-regional-and-international-perspective/
Aureos Capital had made two investments through its Africa Healthcare Fund — $2.75 million in Revital Healthcare EPZ Ltd, a Mombasa-based syringe manufacturer
Aureos Capital has operations in Asia, Africa and Latin America, $[1.3] billion in funds under management
February 25 2012
https://www.theeastafrican.co.ke/tea/business/abraaj-capital-enters-ea-market–1307262
Abraaj Capital, the region's largest private equity firm, announced the acquisition of Aureos Capital, a global private equity fund management group
The transaction will create the world’s largest SME focused private equity group targeting SME investment opportunities across the high growth markets of Asia, Africa, Middle East and Latin America.
February 20, 2012
https://gulfbusiness.com/abraaj-acquires-aureos-capital/