Case: CIM Santé Group: Developing the private healthcare sector in Morocco

In Morocco, the resources of the current healthcare system remain limited, in view of an increasing need for medical care. However, several projects have been initiated to ensure broader accessibility to quality healthcare for all citizens.

The CIM Santé Group, the leading Moroccan private healthcare group, is a key actor in the accomplishment of this mission, by covering a wide range of medical and surgical specialities. The CIM Santé Group is also committed to supporting women at all levels of the organisation. In 2022, Finnfund supported the company in conducting a gender study.

“Women are half of the population, playing a key role as both healthcare professional and patients. At CIM Santé Group, women currently make up nearly 70% of the total workforce and are well represented in both senior and middle management positions. This investment is part of our mission to create career opportunities for women in developing countries,” says Johanna Raehalme, head of the Nairobi office at Finnfund.

OP Finnfund Global Impact Fund I, the first Finnish global emerging markets impact fund, has been financing the group since 2021, together with Vantage Capital, a leading private investment fund in Africa. Through this investment, OP Finnfund Global Impact Fund I aims to foster the development of Morocco’s healthcare sector, accessibility to quality care, and gender equality in the sector.

OP Finnfund Global Impact Fund I is the first global emerging markets impact fund in Finland. Finnfund acts as an adviser and anchor investor, and OP Asset Management Ltd, part of OP Financial Group, acts as a portfolio manager for the fund.

“Women are half of the population, playing a key role as both healthcare professional and patients. At CIM Santé Group, women currently make up nearly 70% of the total workforce and are well represented in both senior and middle management positions. This investment is part of our mission to create career opportunities for women in developing countries."

Johanna Raehalme, Nairobi

Julkaistu 23.1.2024