Kenyan multimillionaire Julius Mwale, the founder of Mwale Medical and Technology City (MMTC), has announced his plans to expand his Hamptons Hospital franchise to Botswana.
Mwale made the announcement following a meeting with Botswana’s President Mokgweetsi Eric Masisi on Tues., April 25.
During the discussions, Masisi identified medical tourism as one of the prospective areas of collaboration with the MMTC-based Hamptons Hospital.
The flagship Hamptons Hospital is located in Butere, in Kenya’s Western Province. It is a 5,000 capacity hospital, open and receiving all types of patients since 2019.
Mwale was in the country to attend the Forbes Under 30 Summit, which started on April 23 and ended on April 26.
Mwale is presently the principal of the U.S. $2 billion MMTC in Western Kenya.
Mwale, as MMTC’s primary investor, financed and mobilized about $2 billion to develop the new city with a 100-percent green design.
Mwale addressed the importance of job development and poverty alleviation in Africa during his keynote speech at the Forbes Under 30 Summit Africa.
“In 20 years, Africa is going to have about a quarter of the global population, and we see ourselves being able to move about 800 million people on the continent out of poverty by creating jobs,” he said.
Mwale also highlighted the opportunities created by the Africa Free Trade Agreement, which has three phases of implementation: trade and goods, intellectual property, investment and competition, where Africa has expertise, and e-commerce, which will lead to Africa becoming the world’s leading continent in terms of population, development, and growth by 2043.
MMTC has expanded into 12 African countries employing an integrated smart city development approach, with a goal of building 18 smart cities and empowering 800 million people by 2050.
Mwale made his millions by establishing SBA Technologies Inc., a New York-based company which develops technologies that provide secure platforms for mobile commerce and mobile banking.
Mwale now serves on the boards of over 20 companies, primarily as chairman, in the technology, retail, pharmaceutical, health, construction, hospitality, human resources, energy, and engineering industries. He has served as chairman of the American Institute for African Development in New York since 2007.
