An Indian medical equipment firm plans to expand into Kenya and three other African countries in a Sh1 billion project that is partly financed by the International Finance Corporation (IFC). The IFC, World Bank’s private lending arm, has disclosed plans to lend Trivitron Healthcare Sh281 million ($2.75 million) to set up distribution hubs for medical devices and instruments in Kenya, Nigeria, South Africa and Algeria. Trivitron and Dutch-based private equity fund Investment Fund for Health in Africa (IFHA II) will inject a further Sh740 million ($7.25 million) into the project. An Indian medical equipment firm plans to expand into Kenya and three other African countries in a Sh1 billion project that is partly financed by the International Finance Corporation (IFC). The IFC, World Bank’s private lending arm, has disclosed plans to lend Trivitron Healthcare Sh281 million ($2.75 million) to set up distribution hubs for medical devices and instruments in Kenya, Nigeria, South Africa and Algeria. Trivitron and Dutch-based private equity fund Investment Fund for Health in Africa (IFHA II) will inject a further Sh740 million ($7.25 million) into the project.