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In Togo, Sogeph opens up and boosts its capital to raise funds for the Dogta-Lafiè hospital complex project. That means, as an investor, you now have the once in a lifetime opportunity to invest in it and become a shareholder. Launched under the name of Saint Pérégrin in February 2019 by the Head of State Faure Essozinam Gnassingbé, the Reference Hospital of Togo is almost ready. The work, renamed Dogta Lafiè, health hospital in local Moba language, is at the finishing stage. Already in anticipation, the first tests within a few months. Cost of the work 25 billion CFA francs, entirely funded by the National Social Security Fund, CNSS. To meet the ambitions and objectives assigned to Dogta Lafiè hospital, Sogehp, the company responsible for managing the infrastructure, is opening up and increasing its capital to other partners to the tune of 15 billion CFA francs. The establishment of this reference hospital will enable Togo to offer quality care to its population and reduce medical evacuations. The Director General of the CNSS, Ingrid Awade, wants to count on the commitment of all the actors for the outcome of this project personally carried by the Head of State. Nearly 600 employees are expected for the operationalization of this new health infrastructure which aims to be a reference in the sub-region. Here is a summary of what you need to know about this opportunity not to be missed. The Hospital Management Company (Sogeph), in charge of running Dogta-Lafiè hospital (formerly called Saint-Pérégrin), launched on Friday 17 June, a capital opening and fundraising operation. The operation, entrusted to the Management and intermediation company (SGI), should allow the hospital operator to diversify its shareholding to the tune of 49.975%, for a total capital of 25.01 billion CFA francs, and thus constitute the equity necessary for the implementation of the project. In fact, the Sogeph will remain the main shareholder in the project. The total target for private placements is 15 billion CFA francs. Concretely, 10,000 shares, at a unit cost of 1.5 million CFA francs, will be sold, thus making a total of 15 billion CFA francs. This will add to 10 billion CFA francs contributed by the CNS and the Sogeph’s share capital of 10 million CFA francs. "It is a private placement that has been recommended for this operation and there is a minimum subscription of 50 shares that have been defined, which would make a minimum of 75 million CFA Francs per investor," the Sogeph said, adding that "any individual or legal entity can subscribe, regardless of their place of residence.” So, if you are an investor looking to become a shareholder in this win-win public private partnership project in Togo, then this is your golden opportunity. Do not hesitate to contact the SGI as soon as possible to express your interest. The minimum amount you must have in order to be able to participate is 75 million CFA francs. In case you are wondering about the location of SGI Togo, this is the building on Boulevard Eyadema. Or search on the internet for SGI Togo. SGI is a financial institution with a status and operation that derogates from banking regulations, exclusively subject to the provisions of the Agreement regulating the WAEMU Regional Financial Market. In our next videos, we will tell you more about the financial institution SGI, its role in terms of financial engineering, investment advice, portfolio management and securities custody, etc. and its relationship with the WAEMU Regional Financial Market (BRVM). In fact, if you are interested in investing in the West African regional market, then you really don't want to miss our upcoming videos. Subscribe now and activate the bell to be the first to know about these upcoming videos about investing in the WAEMU Regional Financial Market.