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Uganda Development Corporation (UDC) the Uganda government’s private sector investing arm, is to acquire an undisclosed number of shares in East Africa Medical Vitals (EAMVL), a medical glove-making company belonging to businessman, Ben Kavuya. The two entities in July this year signed an investment partnership agreement for UDC to make an equity investment into EAMVL, said to be the first medical consumables manufacturing plant of latex surgical and examination gloves in Uganda and one of a few in Africa. Dr. Patrick Birungi the UDC Executive Director signed on behalf of his company, while Ben Kavuya, the EAMVL Chairman, signed on…
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East Africa Medical Vitals (EAMV), a regional medical supplies solution, has established a state-of-the-art manufacturing plant in Uganda. The manufacturer says the fact that public health facilities typically face shortages in medical supplies especially gloves inspired it to start production of the medical supplies. EAMV is a creation by three companies, Legacy Group, Asigma Capital and Vvsaol Investments Limited who decided to fill this gap to manufacture the formerly imported quality consumables locally. EAMV is initially starting with Surgical Gloves and Examination gloves, and will subsequently add syringes, catheters and condoms to the portfolio. While commissioning the plant at the…
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