International Clinical Laboratories

Ethiopia
Addis Ababa, Addis Ababa, Ethiopia

Company profile

International Clinical Laboratories company profile

ICL offers world-class laboratory services in Africa’s second most populous country, Ethiopia. ICL is the leading provider of laboratory services in Ethiopia with 6 locations in Addis Ababa and 7 branches across the country. ICL is the only laboratory in Africa to be accredited by the Joint Commission and certified by the Center for Disease Control and Prevention and the College of American Pathologists (CAP), while also being the exclusive referral partner for both Bioscentia and LabCorp. The Fund acquired a stake in ICL in the beginning of 2015. Since the investment, the Fund has e.g. supported ICL in implementing an ERP system and in opening one of Africa’s most advanced pathology department. Going forward the target is to develop ICL into a leading regional player and thus further improve the healthcare environment in Africa.

Business identity

Contact email
[email protected]
Phone number
+251114671818
Operating status
Active
Company type
For Profit
Employee range
251-500 employees
Revenue range
$1M-$10M
Founded
2004-01-01, Year

Headquarters

Country code
ET
Continent
Africa

Capital profile

Funding and company signals

Funding rounds
1
Total equity funding
$2.5M
Last funding
Series Unknown / $2.5M / 2015-02-11
Last equity funding
Series Unknown / $2.5M
Investors
1
Lead investors
1
Founders
1

Categories and groups

Founders and investors

Founders

Tamrat Bekele

Lead investors

Ascent Capital Africa Ltd

Investors

Ascent Capital Africa Ltd