Egypt’s Dawi Clinics Raises USD 8 M Funding To Expand

Dawi Clinics, the largest chain of outpatient care in Egypt, has raised EGP 250 million (USD 8 M) to fund the growth of its chain of clinics across the Egyptian market by opening 30 new branches. The round was led by Al Ahly Capital Holding (ACH), the local investment arm of the National Bank of Egypt (NBE) with a co-investment by the Egyptian-American Enterprise Fund (EAEF).

Dawi Clinics, which is currently operating 20 branches across 10 governorates, offers coordinated family care provided by doctors across multiple specialties. The company’s unique operating model delivers better health outcomes by handpicking physicians and enabling them to work in a coordinated manner through a cloud-based medical electronic record platform that keeps all patient medical data on file.