Rwandan MedTech Startup Webinar | 2nd November 2022 Recording
The Africa Healthcare Network has established the first and largest dialysis chain across Sub-Saharan Africa, providing high-quality, life-saving dialysis and world-class technical expertise combined with developing world practical operating experience to a region in dire need of quality dialysis treatment. Dialysis is a life-saving treatment for patients with Acute Kidney Injury (AKI) and End-Stage Renal Disease (ESRD). The few hospitals that provide treatment operate centers that are slowly deteriorating while charging prohibitive prices.
Nik established the Africa Healthcare Network in 2015 with the goal of increasing access to care by increasing awareness and reducing the cost of care in the sub-Saharan region while adhering to global standards of quality. In less than eight years, he has built the organisation into the largest pure-play dialysis provider in East Africa with over 30 facilities across the region and expected 35 facilities by 2022 and over 100 facilities by 2025. As of yet, AHN has 23 centres across Sub-Saharan Africa with most in the Commonwealth nations of Rwanda, Tanzania and Kenya; new centres are expected to become operational in Ghana by the end of 2022.
In 2021, Nik was named an Endeavor Entrepreneur and Africa Healthcare Network was chosen as the 1st and only Endeavor Company in Healthcare in East Africa. Additionally, Nik was named as part of the International Society of Nephrology’s 1st Cohort of the Emerging Leaders Program. Previously, Nik worked in the private equity industry as an associate at Berkshire Partners, a Boston based investment firm. At Berkshire, Nik engaged in all aspects of the investment process. Prior to joining Berkshire, he was an analyst at Morgan Stanley in the Healthcare Group where he focused primarily in biopharmaceuticals and healthcare services. He holds a patent with Harry Goodson IV, Jeffrey Elkins and Samir Patel for the “Treatment Systems and Methods for Renal-Related Diseases”.
In this webinar, the Commonwealth Chamber of Commerce and Nik discuss in detail the philosophy that made AHN become a reality and the business model that has helped it become the successful and swiftly expanding dialysis chain it is today. Nik reflects on the distinct advantage and ease of business Commonwealth nations provide due to the commonalities in culture, language and legal systems and shares how the Commonwealth nations of Africa and its people, despite having still a way to go in terms of effective policy framework building, have all the qualities and capabilities needed to become the economic powerhouses of the future.
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