CIM Santé Group’s clinic in Marrakech. Photo: CIM Santé Group
CIM Santé Group: Developing the private healthcare sector in Morocco
In Morocco, the resources of the current healthcare system remain limited, in view of an increasing need for medical care. However, several projects have been initiated to ensure broader accessibility to quality healthcare for all citizens.
The CIM Santé Group, the leading Moroccan private healthcare group, is a key actor in the accomplishment of this mission, by covering a wide range of medical and surgical specialities. The CIM Santé Group is also committed to supporting women at all levels of the organisation. In 2022, Finnfund supported the company in conducting a gender study.
“Women are half of the population, playing a key role as both healthcare professional and patients. At CIM Santé Group, women currently make up nearly 70% of the total workforce and are well represented in both senior and middle management positions. This investment is part of our mission to create career opportunities for women in developing countries,” says Johanna Raehalme, head of the Nairobi office at Finnfund.
OP Finnfund Global Impact Fund I, the first Finnish global emerging markets impact fund, has been financing the group since 2021, together with Vantage Capital, a leading private investment fund in Africa. Through this investment, OP Finnfund Global Impact Fund I aims to foster the development of Morocco’s healthcare sector, accessibility to quality care, and gender equality in the sector.
OP Finnfund Global Impact Fund I is the first global emerging markets impact fund in Finland. Finnfund acts as an adviser and anchor investor, and OP Asset Management Ltd, part of OP Financial Group, acts as a portfolio manager for the fund.
Watch a video at CIM Santé Group: Developing the private healthcare sector in Morocco – YouTube or Groupe CIM Santé: Un acteur essentiel dans le développement du secteur de la santé privé au Maroc – YouTube (in French).
Read more
OP Finnfund Global Impact Fund I invests in CIM Santé Group to support the development of the private healthcare sector in Morocco – Finnfund
OP Finnfund Global Impact Fund I investit dans le Groupe CIM Santé pour accompagner le développement du secteur de la santé privée au Maroc – Finnfund
OP Finnfund Global Impact Fund I – Finnfund
More information
Johanna Raehalme, Head of Nairobi Office, johanna.raehalme@finnfund.fi,+254 798 862 768
Kirsi Pere, Communications Manager, kirsi.pere@finnfund.fi, +358 40 620 9767 (media contacts)
Country: Morocco
Sector: Healthcare
Year of investment: 2021
Read more about our investment in OP Finnfund Global Impact Fund I
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