Healthtech

International Finance Corporation (IFC) and Viva Technology have announced the second edition of the AfricaTech Awards. The awards come as part of IFC’s strategy to support tech ecosystems in emerging markets by providing startups with the capital, market expertise, and networks they need to scale. The application is open to…

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…

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…

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…

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…

Nigeria-based healthtech startup Helium Health today acquires Meddy, a UAE-based doctor booking platform for an undisclosed sum.

Ghanaian startup mPharma, has acquired a majority stake in Uganda's Vine Pharmacy, marking the company's debut into its newest...

 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.