Press release -
Swedfund invests in Jacaranda Maternity to expand affordable maternal healthcare in Kenya
Swedfund has committed USD 600,000 to support Jacaranda Maternity expand its network of affordable maternity hospitals in Kenya. The funding supports innovations in neonatal intensive care and strengthens Jacaranda's ability to provide life-saving services to underserved populations.
Maternal and newborn health outcomes in Kenya remain a challenge, with maternal mortality still high despite improvements in skilled birth attendance. Public health facilities play a central role but face capacity constraints, while access to reliable, quality care varies across regions and income groups. Private healthcare providers offering essential maternity services at accessible price points can complement public provision.
Jacaranda Health Limited (“Jacaranda Maternity”) provides high-quality maternal health care at more affordable pricing than typical private providers, focusing on women in Nairobi’s low- and middle-income communities. The new funding will support the opening of new hospitals, upgrading of neonatal care, and improvements to existing facilities.
“This investment will help Jacaranda Maternity provide life-saving care to more women and families while furthering Swedfund's mission to promote inclusive and sustainable healthcare,” says Audrey Obara, Senior Investment Manager at Swedfund.
Jacaranda Maternity aims to expand its network to six hospitals to achieve financial sustainability while scaling its impact. The healthcare provider is a recognised leader in promoting women's health, with 71 percent of its staff being women, and a track record of effective environmental and social management.
About Jacaranda Maternity
Jacaranda Maternity operates high-quality, affordable maternity hospitals in Kenya, focusing on providing essential health services to underserved women and families. With a commitment to innovation and sustainability, Jacaranda provides a range of services including maternity, paediatrics and emergency care through a growing network of facilities.
Topics
Categories
About Swedfund
Swedfund is Sweden’s development finance institution with the mission to reduce poverty through sustainable investments in developing countries. Swedfund plays an important role in the implementation of the 2030 Agenda and the Paris Agreement on climate. Swedfund shares the same goal as development cooperation in general, but the tools Swedfund uses are different. Swedfund has two instruments to fulfil its mission: sustainable investments in the private sector and technical feasibility studies through the Project Accelerator targeting the public sector.
Swedfund's investments contribute to the creation of decent jobs and increased access to essential products and services such as electricity and food. Swedfund is a long-term investor and is additional and catalytic through its investments and by mobilising private capital. Swedfund's feasibility studies support sustainable public infrastructure development, trade, and export opportunities for Swedish solutions.
We are part of Swedish development cooperation, and we measure and report all our results. As a state-owned company, Swedfund is managed by the Ministry of Finance and financed through portfolio reflows and annual capital injections for which the Swedish Ministry for Foreign Affairs is responsible.
For more information: please visit www.swedfund.se/en
