Africa’s E-health Sector Booms as Start-up Numbers and Investments Hit Record High
- The recently released High Tech Health: Exploring the African e-health Startup Ecosystem Report 2020 by Disrupt Africa, shows that the number of startups active in Africa’s health-tech space has grown by 56.5 per cent over the last three years, with 180 ventures currently in operation.
- Co-founder of Disrupt Africa said Gabriel Mulligan stated that the pandemic has accelerated interest in Africa’s health tech space, which has open a lot of opportunities for the sector.
- The report puts a spotlight on the regional e-health markets and analyzes eight sub-sectors in the health-tech ecosystem.
The High Tech Health: Exploring the African e-health Startup Ecosystem Study 2020 released today by Disrupt Africa, has revealed that the number of startups operating in Africa’s health-tech space has increased by 56.5% over the past three years, with 180 ventures currently operating in the region.
Speaking on the benefits the research findings will have on Africa’s e-health sector, the co-founder of Disrupt Africa, Gabriella Mulligan, said, “Interest in the e-health space in Africa has accelerated in the last 18 months, and with the advent of the COVID-19 pandemic, there is a sudden spotlight on e-health startups. In many ways, now is a great time for the continent’s health-tech sector. There are huge opportunities to prove concepts, gain traction, and achieve lasting change in healthcare. We’re excited to present this timely research, highlighting the strengths of Africa’s e-health ecosystem”.
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The co-founder of Disrupt Africa, Tom Jackson, speaking on the exciting e-health innovations on the continent and the role the research will play in highlighting these innovations, said “Africa’s health-tech sector is suddenly emerging as one of real value from an economic perspective, while the potential impact on ventures in this space is undeniable. With startups across the continent innovating in various areas to solve very real challenges associated with the delivery of healthcare, this report shines a light on some of those most exciting innovations”.
The report puts a spotlight on the regional e-health markets and analyses eight health-tech ecosystem sub-sectors. It looks at the impact of COVID-19, as well as a separate section on funding for the sector over the last five years. There is also a comprehensive list of 180 African e-health startups.
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