Healthtech
Richest Yoruba Men in Healthcare
In the healthcare sector in Nigeria, some Yoruba men have risen to great heights of success, not only in terms of wealth but also in their significant contributions to the industry. Some Yoruba men who have their home in the western part of the country have amassed their wealth in…
Read More »From $170M to $50M: is Africa’s Leading Genomics Firm 54Gene in Trouble?
Nigerian genomic firm 54gene, has had a tumultuous few months. Dr. Abasi Ene-Obong, the co-founder and CEO, resigned less than two months after cutting 30% of its personnel, and Teresia Bost, the general counsel who joined the company in September of last year, took over as CEO. In October, there…
Read More »This Startup is Helping to Solve the Challenges in Africa’s Fragmented Healthcare Ecosystem
The rise of numerous healthtech startup, is helping to curb Africa’s fragmented healthcare ecosystem. Over the years, challenges in this space have included a poorly structured pharmaceutical supply chain, a lack of a variety of medical services and a shortage of ways to access it. A Disrupt Africa’s report shows…
Read More »3 African Health Tech Startup Making Power Moves
The African health tech startup has recently been making big power moves. This has ranged from funding, expansion, and innovation. With the sole aim of enhancing the health space on the continent. The COVID-19 pandemic has had mixed effects on the health technology startup space. We’ve seen failure rate of…
Read More »Nigerian Pharmaceutical Startup DrugStoc Secures $4.4 Million Funding
Nigerian pharmaceutical distribution startup DrugStoc has secured $4.4 million funding for an aggressive expansion plan. This entails delivering quality pharmaceutical products to over 100 million people in Nigeria. The startup plans to advance outside Lagos, which is the West African country’s economic centre, to 16 other states of Nigeria. This…
Read More »Helium Health’s Acquisition of Maddy is a Rare Union Between Africa and the Middle East
Nigeria-based healthtech startup Helium Health today acquires Meddy, a UAE-based doctor booking platform for an undisclosed sum.
Read More »Ghana’s mPharma Acquires Vine Pharmacy to Enter New Market
Ghanaian startup mPharma, has acquired a majority stake in Uganda's Vine Pharmacy, marking the company's debut into its newest...
Read More »54gene Makes Strategic Moves Following its $25M Series B Funding Round
54gene, the health technology company advancing African genomics research for improved global health outcomes, has secured $25M in a Series B funding round, led by Cathay AfricInvest Innovation Fund.
Read More »A New Milestone for Africa’s Healthtech Industry
In 2012, the Word Health Organization reported that the major cause of death for children under the age of 5 was the lack of access to medicine. It also highlighted that less than 50% of Africa's population have access to healthcare.
Read More »Bill & Melinda Gates Funded Report Calls for Acceleration of Africa’s Healthtech Space
The report, funded by the Bill and Melinda Gates Foundation and titled, “Innovations in Health Product Distribution in Sub-Saharan Africa,” sets out a series of actionable recommendations for global health actors.
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Did Atiku Really Sell His $100m Intel Shares to Tinubu?
Atiku Abubakar, the 2023 presidential candidate for Nigeria’s Peoples Democratic Party (PDP), has addressed …
