Fanisi Capital Invests up to US$3 Million in Kenyan Pharmacy Chain Haltons (Sub-Saharan Africa)

Source: Fanisi Capital

East Africa-focused private equity and venture capital investor Fanisi Capital has acquired a significant stake in Kenya-based retail pharmacy chain Haltons for up to US$3 million. Haltons operates four retail outlets within Nairobi and intends to use the capital injection to expand its portfolio over the next two years to more than 100 outlets in Kenyan towns including Mombasa, Nakuru, Nyeri, Eldoret and Kisumu.