Dawi Clinics secures $8m for expansion in Egypt
Dawi Clinics, the largest chain of outpatient care in Egypt, has raised EGP 250 million (about $8 million) in funding to support the expansion of its clinics across the country.
The investment round was led by Al Ahly Capital Holding (ACH), the local investment arm of the National Bank of Egypt, with co-investment from the Egyptian-American Enterprise Fund, a US-backed investment fund that has previously invested in Dawi.
Dawi Clinics, currently operating 20 branches across 10 governorates, provides coordinated family care delivered by over 260 doctors specialising in various medical fields. In 2022, Dawi served more than 120 000 patients across Egypt.
The success of Dawi Clinics can be attributed to its unique operating model, which focuses on handpicking physicians and enabling them to work together through a cloud-based medical electronic record platform. This approach ensures that all patient medical data is readily available, leading to better health outcomes.