Since launching its flagship store in October 2022, Goodlife has expanded to 16 pharmacy locations nationwide, offering medicines, pharmacy services, and a range of health and wellness products. The company serves more than 100,000 customers each month and operates a customer loyalty program with over 100,000 registered members.
The investment comes from BK Capital’s Africa Private Debt Fund, which focuses on providing financing to businesses in Rwanda. The financing will support further expansion of Goodlife’s network, strengthen its supply chain, and improve operational capacity across both standalone and hospital-based outlets.
Goodlife operates pharmacy services at Kibagabaga Hospital in collaboration with the Ministry of Health and Rwanda Medical Supply, and has partnered with Legacy Clinics, a private healthcare provider.
Goodlife has quickly established one of the first world-class pharmacy chains in Rwanda,” said Théogène Uwimpuhwe, Acting Managing Director of BK Capital. “We are pleased to provide the capital needed to fuel this industry pioneer’s next phase of growth, ultimately improving access to quality healthcare and medicines for all Rwandans.”
“Access to medicines and professional pharmacy services is essential for healthcare delivery,” said Grant M. Beyers, Chief Executive Officer of Goodlife Health and Beauty. “This investment will support our ongoing expansion and operational improvements.”
The transaction was supported by Steve Mutaboba, who acted as Lead Financial and Strategic Advisor to Goodlife.
The investment reflects continued investor confidence in Rwanda’s healthcare sector and the role of private capital in supporting access to essential health products and services.
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