Quality Chemical Industries Limited QCIL , a Kampala-based pharmaceutical manufacturer led by Ugandan pharma tycoon Emmanuel Katongole, has secured a 2 million senior secured debt facility from TLG Capital. This marks an important step in expanding access to essential medicines across Uganda.
Expanding medicine access across Uganda
London-based TLG, which has a long history of backing healthcare ventures in Africa, said the financing will help QCIL strengthen supply chains and widen the reach of its medicines. The facility will provide working capital to expand the availability of critical drugs, from antiretrovirals to antimalarials, across both major hospitals and rural clinics.