Impact Fund Denmark invests approximately DKK 65 million (USD 10 million) in Crown Healthcare, a Kenyan company that distributes medical devices and medicines and works to promote high-quality healthcare products at an affordable price. The money will go to a new factory, which is currently being built in Kenya, which will produce quality medicines locally and on a large scale.
Enhance production locally
Like many other African countries, Kenya is dependent on imports with 80% of all medicines being imported. This makes the country vulnerable, among other things, to counterfeit medicines with incorrect content or origin, global supply chain disruptions and rising international logistics costs. At the same time, the African continent has historically experienced that critical medicines did not become available quickly enough during health crises.
The new factory will strengthen Kenya and the wider region’s supply chain by anchoring production locally and increasing the number of quality products produced. In this way, quality medicine becomes much more accessible.
Local productions create local jobs
The factory will not only expand quality medicine and medical equipment, but also create 600 permanent, local jobs, which are urgently needed in a region where one in three young people are expected to be from Africa by 2050.
With this investment, we are helping to improve the availability of essential medicines and make the region more resilient to global crises. At the same time, we are creating 600 local jobs – two things that are essential to achieving our vision of contributing to fair and inclusive societies.
About Crown Healthcare
Founded in 1998, Crown Healthcare operates across the medical supply chain – from global sourcing to local distribution and customer support. Five years ago, the company entered into the distribution of medicines under its own label, and today Crown has established a market for their own medicines.
External Communications Director
Thøger Kirk
+45 53 76 08 05
