Kenya: Avenue Group-01

Date Filed
20 Oct 2025
Status
Open
Phase
Dispute Resolution (DR)
Country
Multi-Regional

Case Tracker

Eligibility
August 22, 2025-October 20, 2025
Eligibility
Assessment
October 20, 2025-April 21, 2026
Assessment
Dispute Resolution
Dispute Resolution
Status as of April 21, 2026
Compliance
CURRENT Status
Mediation (DISPUTE RESOLUTION)
Status as of April 21, 2026

Complaint Overview

Complainant

Confidential

Concerns

Healthcare practices

Cross-Cutting Issues
Loss of Livelihoods

Project Information

Region
World
Institution
IFC
Name & Number
IFC Project No. 33475
Company
Evercare Health Fund
Sector
Financial Institutions
Category
FI
Commitment

US$150 million equity 

Synopsis

Project Overview

The Abraaj Global Health Fund was a private equity fund that invested in healthcare delivery businesses in emerging markets with the aim of improving access to quality healthcare. Following its acquisition by TPG, the fund now operates under the name Evercare Health Fund.

Complaint

In August 2025, CAO received a complaint from a community member raising concerns related to emergency healthcare practices and their potential risks to patient health and safety, particularly in situations involving urgent medical need. The complaint also raised concerns related to the management of social risks in healthcare settings, especially for individuals with limited financial resources, and cited concerns about certain payment and billing practices that allegedly contributed to severe financial hardship and loss of livelihood for the complainant.

Action

In October 2025, CAO found the complaint eligible and began its assessment. During CAO’s assessment, the parties agreed to engage in a voluntary CAO-facilitated dispute resolution process to address the issues raised in the complaint. In accordance with the CAO Policy, the case was transferred to CAO’s Dispute Resolution function. The Assessment Report is available in English.

Status

The case is in under dispute resolution. 

Status as of April 27, 2026.

Case Documents

  • Assessment

    Assessment Report
    Assessment Report
    Apr 27, 2026
    English
    Assessment Report
  • Close Modal

    Join Our Mailing List

    Get CAO’s newsletter, latest publications, event updates, and more.