TLG Capital, an African private credit fund manager, has established a $2 million senior secured credit line in Uganda’s health sector to support an unnamed company in expanding access to essential medicines nationwide. This initiative marks TLG’s 12th health sector investment in Africa and its 48th overall, demonstrating a continued focus on impact investing across the continent. TLG’s long-standing connection to Uganda dates back to its 2009 investment in Quality Chemicals Industries Limited, a leading local manufacturer of vital treatments like antiretrovirals and antimalarials. The company’s strategy is to support local firms that are key to improving healthcare access, building on long-term partnerships and the growth of pharmaceutical distribution in East Africa. This approach aligns with broader progress in Uganda, where targeted investments have helped significantly reduce child mortality and AIDS-related deaths since 2009. The new credit facility underscores TLG Capital’s commitment to delivering both financial returns and meaningful social outcomes by helping to build affordable, high-quality health systems.
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