CityA.M. reports that the company, which will acquire healthcare businesses across Africa, is understood to have raised around £5m and will have a market value of £5.6m.
Edmonds, who has been described as having a talent for making money and trouble, embarked on a career in business after his cricketing days, founding Southern African Resources, now African Platinum, and Middlesex Holdings.
He is also chairman of Central African Mining and Exploration Company.
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