Alta Semper

Some North African countries, including Morocco and Egypt, have emerged as attractive destinations for healthcare investments, according to Afsane Jetha, CEO of private equity firm Alta Semper. At a recent conference of the African Private Capital Association, held in Cairo, Jetha said Morocco has increased its appeal by expanding government universal health coverage, providing a dependable source for medical payments.

Private equity firm Alta Semper last year sold the majority of its stake in Egypt’s Macro Group Pharmaceuticals through an initial public offering on the Egyptian Exchange. At the African Private Capital Association’s (AVCA) annual conference, held earlier this month in Cairo, Afsane Jetha, the CEO of Alta Semper, discussed the firm’s investment in Macro, highlighting the company’s import substitution strategy and the efforts to prepare it for a stock market listing.