Home Hewa Tele Holdings Limited Hewa Tele Holdings Limited In brief Founded in 2013, Hewa Tele is an affordable medical oxygen provider, operating three Pressure Swing Adsorption (PSA) plants in Kenya and offering a full range of services across the medical oxygen value chain. With Finnfund’s financing, Hewa Tele is expanding its capacity and constructing a liquid oxygen manufacturing facility to address the oxygen supply gap in East Africa. The plant’s capacity is expected to cover approximately 60 percent of Kenya’s demand, marking an important step toward reducing reliance on imports. Main development impact Direct beneficiaries are hospitals and clinics in Kenya, many of them in rural and underserved areas. Final beneficiaries include patients who need medical oxygen during treatment or operations. Medical oxygen is especially critical for children and expectant mothers. Large healthcare facilities will be able to receive liquid oxygen in on-site storage tanks, from which it can be piped to patients’ beds. Smaller hospitals can have mobile cryogenic liquid oxygen tanks and high-pressure cylinders to ensure that this life-saving and irreplaceable medical oxygen is accessible, particularly for patients in rural areas. While often overlooked, medical oxygen is a critical input in healthcare systems, and one where supply constraints can have immediate consequences. Investment details Name: Hewa Tele Holdings Limited Project number: 80000347 Region: Africa Country: Kenya Sector: Other sector Signing date (month/year): June 2026 Currency: USD Finnfund's financing (commitment): 1,155,000 Instrument: Equity Jurisdiction of registration: Mauritius Size of the project financing: 3,000,000 Share of Finnfund's financing (%): 38.5 Status: Active Website: https://www.hewatele.org/index.php Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year. Other investments Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument Hewa Tele Holdings Ltd. Kenya October 2022 USD 3,500,000 Equity Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: Hewa Tele Holdings Limited Sector: Other sector Region: Africa Country: Kenya Currency: USD Finnfund's financing (commitment): 1,155,000 Signing date (month/year): June 2026 Last update: September 2026