Healthtech

 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.

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.  

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. 

Kenyan on-demand healthcare startup, TIBU, has raised a seed investment that is expected to accelerate and expand its operations in the country. Although the amount involved was not disclosed, the funding round was reportedly oversubscribed by 100 percent. Venture Capital firms, Blue Haven Initiative and Kepple Africa Ventures, raised the funds. This is…

Société Financière d’Assurance has been providing insurance in the Democratic Republic of Congo since 2019. The company has established partnerships with SCOR, one of the world’s leading Reinsurance companies worldwide.