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[Column] Steve Bottger: Using technology and data to improve healthcare in South Africa
Despite the existing challenges in healthcare, data shows that Telehealth through remote consultations are not only feasible but also deemed safe and effective.
Le programme ''Comment Exporter avec la ZLECAf'' a signé les deux accords clés à l'occasion de l'IATF 2023
Les Accords visent à accélérer la Croissance Économique et à établir une Plateforme pour les Échanges de Connaissances et le Renforcement des Capacités en Afrique
Africa Healthcare Network (AHN) secures $20 Million in funding
Africa Healthcare Network (AHN) secures $20 Million in funding led by Africa50 and AfricInvest for a continent-wide expansion.
IFC et KERA Health Platforms ont annoncé un partenariat pour enrichir l'écosystème de soins de santé
IFC et KERA Health Platforms ont annoncé un partenariat qui permettra de connecter et d'enrichir l'écosystème de soins de santé grâce à des services utilisant l'intelligence artificielle (IA).
[South Africa] lVodacom partners with Free State Department of Health to launch digital health solutions
Vodacom in partnership with the Free State Department of Health, launched two cutting-edge digital health solutions that are aimed at providing patients excellent medical care in public hospitals across the Free State province.
Laprophan annonce l’acquisition d’Amanys Pharma
L’objectif de cette acquisition est de créer un groupe pharmaceutique diversifié au Maroc et en Afrique, construit autour de pôles spécialisés et compleméntaires.
Cigna Healthcare partners with AAR Insurance to provide new services in East Africa
This Cigna and AAR Insurance Kenya partnership seamlessly blends local expertise with global reach, providing policyholders with unmatched access to healthcare services on a global scale.
IFC and KERA in a deal to improve access to healthcare services in West Africa using digital solutions
KERA digitizes and connects distributed health information to create an integrated health platform for Africa, starting in Senegal.
TechnoServe Launched the Burundi Better Coffee Initiative in New Bujumbura Office
The Burundi Better Coffee Initiative, "Ikawa Nziza mu Burundi”, will benefit over 50,000 coffee farmers in Burundi over the next five years by focusing on improving quality and climate resilience.
[Column] Dr. Ahmadu Samateh: Unleashing the power of partnerships to transform healthcare in Africa
Becoming a surgeon in The Gambia was not without challenges. With no medical school in our country at the time, I pursued education elsewhere. Armed with newfound knowledge and expertise, I returned to the country to make a positive impact on healthcare.
FSD accorde environ 2 milliards de riyals de prêts pour soutenir des projets de développement en Afrique
Le Fonds saoudien pour le développement accorde environ 2 milliards de riyals de prêts concessionnels pour soutenir des projets de développement en Afrique.
EAC to develop health data governance to foster digital transformation of the health sector in East Africa
Dr. Nzeyimana said the process of developing the framework on Health Data Governance is already underway, adding that EALA has become the first EAC Organ to be consulted on the process.
Afreximbank launches African gastronomy and culinary arts programme
The African Export-Import Bank (Afreximbank) today in Cairo launched an African Gastronomy and Culinary Arts Programme under its Creative Africa Nexus Initiative (CANEX).
Egypt and India explore local currency settlements to strengthen economic ties
Egypt and India have signed bilateral cooperation between the two countries that will help confront global economic challenges.
L’Africa Investment Forum recueille 34,82 milliards de dollars d’intérêts d’investissement
Les Market Days 2023 de l’Africa Investment Forum (AIF) ont suscité 34,82 milliards de dollars d’intérêts d’investissement pour des projets dans les infrastructures, l’agriculture, les soins de santé et les industries créatives.
In Partnership with the RDB, Move Afrika to take place every year for the next five years in Kigali
‘Move Afrika’ to Galvanize a citizen-led advocacy campaign to promote health and equity, defend our planet, and create economic opportunity.
Dislog Health Care finalise l'acquisition d'Africare
Dislog Group acquiert 100% des actions la société Africare.
Almouneer raises US$3.6 million for healthcare in Middle East and Africa (MEA)
Almouneer, the leading digital transformation platform revolutionizing healthcare for patients and doctors across Middle East and Africa (MEA), announces its seed round fundraise of US$3.6 million.
Special AI summit explored how AI will change finance, industry and human society
Final day of FII7 in Riyadh sees detailed debate on AI and trillions in investments for environment unlocked ahead of COP28 summit.
Life Healthcare partners with RMB to sell its interest in Alliance Medical Group
Life Healthcare (LHC) is selling 100% of its interest in UK-based diagnostics business Alliance Medical Group (AMG) to iCON Infrastructure LLP, in a deal worth ZAR 21 billion (GBP 910 million).
[South Africa] Primary Health Properties lists healthcare REIT on the JSE
United Kingdom-based Primary Health Properties PLC (PHP) has listed a unique, healthcare-focused Real Estate Investment Trust (REIT) on the JSE’s Main Board, trading under the share code PHP.
[Kenya] Konza Technopolis launches new platform to unify medical records in public hospitals
Konza Technopolis and the Ministry of Health have unveiled a new medical system designed to unify medical records in public hospitals across the country.
Chil Femtech Center unveils Africa’s first e-hygiene shop
Chil Femtech Center has unveiled an E-Hygiene Shop, a first-of-its-kind online platform aimed at significantly enhancing the hygiene standards in partner health facilities across Africa.
La République du Tchad entame le processus d'adhésion à Africa50 pour devenir actionnaire
La République du Tchad et Africa50, la plateforme panafricaine d'investissement dans les infrastructures, ont annoncé aujourd'hui le début des démarches pour accueillir la République du Tchad comme nouveau pays actionnaire.
Bill Gates a annoncé un financement de 40 millions de dollars pour faciliter la recherche de vaccin ARN
La B&M Gates Foundation promet 40 millions $ d’investissement pour aider à développer une plateforme IA en Afrique lors de la Réunion annuelle Grand Challenges 2023.
Président Macky Sall plaide en faveur de l'industrie biotechnologique avec la recherche de vaccins ARN
Réunion annuelle Grand Challenges 2023: Le Président Macky Sall plaide en faveur de l'industrie biotechnologique avec la recherche de vaccins ARN et encourage la lutte contre le cancer.
AfriSummit 2023: African Health Authorities, Industry Leaders Convene to Explore Pharma Regulations and Innovations
Leading healthcare authorities and industry experts converged at the AfriSummit 2023, a pivotal 4-day hybrid event dedicated to exploring the latest developments in pharmaceutical and medical device regulations’ advancements in the healthcare supply chain across the African continent.
British International Investment partners with Access Bank Plc to extend $60 million trade finance facility
British International Investment partners with Access Bank Plc extended $60 million to ensure availability of key commodities across import-dependent economies and critical inputs for manufacturing goods, medicine, commodities, construction, food and agriculture across five African countries.
Mediterrania Capital partners heads a €57 million investment in CASH PLUS
Mediterrania Capital Partners heads a €57 million investment in CASH PLUS, Morocco’s leading fintech and financial services provider, with FMO and IFC.
IRCAD Africa to start operating in Rwanda
President of Rwanda H.E Paul Kagame inaugurates surgical research, training centre IRCAD Africa
Verve and adidas announce partnership with Africa’s Biggest Fitness Series, VerveLife 6.0
Verve, Africa’s leading domestic payment cards and tokens brand, and leading global sportswear giant, adidas have announced a significant collaboration which takes the sixth (6th) edition of VerveLife, one of the biggest fitness festival series on the African continent, to the next level.
Global digital health organization Audere launches in Africa
Audere, a global digital health non-profit developing HealthPulse™ solutions to advance health equity in underserved communities worldwide, has celebrated the announcement of the formation of Audere Africa, a non-profit subsidiary headquartered and led out of Johannesburg, South Africa.
[Interview] Kenneth Njeru, Director of Africa Afya Healthcare
I started my company in 2019 October at the age of 20. My first immediate costs were registering my company which cost about 80US Dollars and having the website done at about 400US Dollars.
EIB provides €1 million for technical assistance to primary healthcare system
The technical assistance will support the EIB’s plan to make at least €500 million available for health systems in Sub-Saharan African countries.
29 African healthcare supply chain startups selected to receive funding from the Gates Foundation
Investing in Innovation Africa (i3), a pan-African initiative for startups building the future of healthcare supply chains has announced its second cohort of 29 companies
Sunda Group to expand manufacturing of affordable home care and personal care goods in Africa
IFC and Sunda Group partner to expand manufacturing of affordable home care and personal care goods in Africa
UK government commits £15 million funding to strengthen health workforce in Kenya, Nigeria and Ghana
The UK will provide a multi-million pound boost to support healthcare staff recruitment and retention in 3 African countries - Kenya, Nigeria and Ghana - supporting resilience against global health challenges.
Unilever South Africa-Marga to acquire Dermalogica
Unilever-controlled Marga is set to make a major corporate changeover after the Competition Commission of South Africa gives them the green light to acquire popular skincare company Dermalogica.
[Kenya] Medtech conference calls for investment in local solutions to bolster medical devices sector
Kenya is the fourth largest medical technology devices exporter in Africa at 3.1 percent of exports from Africa to the rest of the world ahead of Tunisia and Mauritius according to a keynote speech at the just concluded inaugural Transforming African Medtech Conference.
Ecobank and AMREF partner to ease emergency air and ground evacuation of patients across East Africa
Pan African Bank Ecobank Kenya Limited has partnered with AMREF Flying Doctors to offer Maisha Membership; an air and ground ambulance scheme to the Bank's clientele.
[Column] Ifthakaar Shaik: Is AI the answer to Africa's healthcare sector woes?
AI's promise in healthcare is undeniable. However, this potential can be wasted if we fail to bridge the divide between the digital realm and real-world applications.
US biotech firm Functional Fluidics announces global expansion into Africa
For nearly a decade, Functional Fluidics has been offering a suite of clinically validated assays to pharmaceutical companies and clinical providers across the United States to help support sickle cell disease new drug development and overall patient care.
Siemens Healthineers joins IFC facility to boost access to affordable medical equipment in Africa
Medical technology company Siemens Healthineers has joined IFC's Africa Medical Equipment Facility (AMEF) to make medical imaging and cancer care equipment more affordable on the continent.
[Column] Chika Idoko: Bridging the divide: Confronting Socioeconomic inequality In Sub-Saharan Africa
As leaders who support mainstreaming equality, diversity, and inclusion, we aim to ensure that every individual, regardless of their background, enjoys the same rights, opportunities, and dignity.
[Nigeria] Remedial Health raises $12 million to deliver financial services for neighbourhood pharmacies
Nigeria’s Remedial Health, an e-health startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured US$12 million in an equity and debt funding round.
Swedfund invests USD 5 million in African health fund
Swedfund invested USD 5 million into Transform Health Fund (THF) managed by AfricInvest. It is a blended-finance fund that will invest in African health care.
African governments are collaborating with tech innovators to strengthen local health supply chains, report
Salient Advisory has launched its latest annual market intelligence report highlighting a robust pan-African ecosystem of innovators improving the safety and efficiency of health supply chains across the continent
[Kenya] Health-tech Zuri Health secures additional investment from Marula Square
Zuri Health has secured additional Investment from Marula Square, a venture capital firm investing in visionary entrepreneurs across Africa.
Vantage Capital invests €30 million to acquire minority stake in Moroccan medical distribution firm Promamec
The funds invested by Vantage Capital facilitated the exit of the private equity fund AfricInvest and will also serve to part-fund Promamec’s next phase of development.
Kasha has raised $21M series B led by Knife Capital to expand in Africa
East Africa’s leading digital health access platform, Kasha, has announced a successful Series B fundraising round of $21 million, led by Knife Capital, a pan-African venture capital firm based out of South Africa.
Le Luxembourg étend son soutien au Fonds pour l’inclusion financière de la Banque européenne d’investissement
Le Fonds pour l’inclusion financière (FIF) propose des opérations d’assistance technique ciblant des institutions de microfinance en Afrique ainsi que dans les Caraïbes et le Pacifique
[Kenya] Zuri Health raises an undisclosed amount for funding from Five35 Ventures
Six months after raising an undisclosed amount of funding from Moroccan VC UM6P Ventures, Kenyan health-tech startup Zuri Health has yet again raised another undisclosed amount.
Piex Group renforce sa présence dans les pays d’Afrique sub-saharienne
Piex Group renforce sa présence dans les pays d’Afrique sub-saharienne anglophone grâce à une alliance stratégique avec Phillips Pharma Group, un Distributeur majeur dans la région.
[Ghana] Healthtech startup Berry Health raises $1.6m to combat health stigmas in Africa
Ghanaian health tech startup Berry Health has raised $1.6 million in a pre-seed funding round, a round which saw participation from large-scale U.S. fund Lightspeed Ventures and General Catalyst.
[Kenya] E-health startup MYDAWA raises $20m funding from Alta Semper Capital
MYDAWA, the Kenyan health-tech startup famous for its e-pharmacy platform has received a US $20 million capital injection from private equity investor Alta Semper Capital.
How to expand health insurance coverage in Africa?
In many regions of Africa, access to affordable, high-quality healthcare is still a problem.
Transform Health Fund raises $50m to scale proven innovative healthcare models in Africa
FSD Africa Investments, AfricInvest, Malaria No More, and Health Finance Coalition (HFC) have announced the establishment of the Transform Health Fund (THF), a blended-finance fund for scaling proven and innovative healthcare models in Africa.
Seedstars and Fondation Botnar launch youth Wellbeing Ventures with $20M Investment in Africa
Seedstars Capital and Fondation Botnar have announced the launch of the Seedstars Youth Wellbeing Ventures mandate.
[Kenya] KCB, NBK and Britam General Insurance target SMEs in health insurance distribution deal
KCB and National Bank of Kenya (NBK) have entered into an agreement with Britam General Insurance to distribute affordable health insurance products targeted at Small and Medium Enterprises (SMEs) across the country.
International partnership combines Artificial Intelligence with real-world experience to boost the Nigerian health system
Nigeria’s overburdened health system is getting a major boost from powerful Artificial Intelligence (AI) technology through a new international health partnership.
Fosun Pharma dans la construction de la plus grande usine de produits pharmaceutiques en Côte d’Ivoire
IFC soutient Fosun Pharma dans la construction de la plus grande usine de produits pharmaceutiques en Côte d’Ivoire.
Helium Health has raised $30M in Series-B funding
Helium Health, a Lagos-headquartered healthtech company providing Software-as-a-service (SaaS) tools, financing, and insights to healthcare providers and public health organizations, announced today it has raised $30M in Series-B funding.
Ghana’s tax on sugar-sweetened beverages a win for health sector, experts
Actioned by the Ghanaian Government as part of measures to reduce impacts of SSBs on public health, the country is now one of hundreds that have implemented World Health Organization-recommended interventions to prevent non-communicable diseases (NCDs).
DataPathology ouvre son capital au fonds d’investissement Azur Innovation Fund
La start-up spécialisée dans le diagnostic pathologique à distance, DataPathology, accueille Azur Innovation Fund, un nouvel investisseur local dans son tour de table.
Amethis investit dans la société espagnole HB Aesthetics
Soutenu par Amethis, le spécialiste espagnol de produits dermocosmétiques HB Aesthetics prépare son expansion africaine.
How does African women’s health compare to women’s health around the world?
In Africa, however, according to the World Health Organization, a woman’s life expectancy is just 54 years.
UNDP, Japan transfer emergency reference lab to Ghana
The United Nations Development Programme (UNDP) and the Japanese Government on Friday handed over a laboratory facility to Ghana at the Kotoka International Airport, Accra.
AFIA PHARMA has partnered with Babyl Rwanda to improve patients' access to healthcare.
AFIA PHARMA Ltd. has partnered with a top-notch telemedicine service, Babyl Rwanda to improve Rwandans patients' access to healthcare.
[South Africa] Vodacom hands over five live sites to the Limpopo Department of Health
The sites will increase coverage and access to high-speed connectivity for hospital staff, patients, visitors and surrounding communities and help to ensure better healthcare delivery.
La Fondation Batonga en partenariat avec la Fondation Mastercard étend ses programmes au Sénégal
La Fondation Batonga d’Angélique Kidjo étend ses programmes au Sénégal pour maximiser sa portée auprès desadolescentes et des jeunes femmes
Nouvelle coopération entre Sinopharm Foreign Trade signe et LAPROPHAN
La coopération couvre tous les domaines de la santé et de la médecine, notamment les préparations pharmaceutiques, les principes actifs, les articles de conditionnement, les consommables pharmaceutiques et les dispositifs médicaux ainsi que les équipements et matériels de production pharmaceutique.
Mediterrania, Proparco, DEG et FMO déboursent 75 millions € pour acquérir une part du Laprophan
Mediterrania Capital Partners (MCP) a dirigé un consortium d’investisseurs comprenant Proparco, FMO et DEG, dans la signature d'un accord d’un montant de 75 millions € avec la société marocaine Laprophan, active dans le secteur pharmaceutique.
IFC invests in Avenue Group Limited to expand healthcare services in Kenya
IFC has announced an investment in Kenyan healthcare provider Avenue Group Limited that will support the company's strategy to grow its healthcare offering and boost its patient reach by 20 percent across the country over the next five years.
AMICO Group Adopts RISE with SAP to enhance omnichannel solutions for its customers in the MENA healthcare market
AMICO Group, a UAE-based player in healthcare specialty markets in the MENA region, is continuing its digital transformation journey supported by technology company SAP SE to enhance its customer experience and engagement through personalized, omnichannel solutions, and to increase agility and enable future expansion plans.
APA links with innovators to create low cost insurance products
Overall, Kenya’s three percent insurance penetration is the third lowest in Sub-Saharan Africa with South Africa leading at 17 percent.
Viva Technology et IFC annoncent un record de participation aux AfricaTech Awards 2023
Viva Technology et la Société financière internationale (IFC) ont annoncé le Top 45 des start-up retenues pour la deuxième édition des AfricaTech Awards, une initiative panafricaine visant à reconnaître et soutenir les start-up émergentes à l'origine de l'innovation et de l'impact sur le développement à travers le continent.
Swiss Firm partners with APA Insurance to build low cost health products for local communities
Swiss Capacity Building Facility (SCBF) and APA Insurance have partnered with a consortium of local insurance innovators to provide affordable primary healthcare insurance solutions to under-served Kenyans.
Mezzanine fund manager Vantage Capital acquires Promamec for €30 million
Founded in the early 80s by the Lahlou Family, the company has pioneered the local production of medical consumables and in the process has grown into one of Morocco's leading medical consumables and equipment distributors.
Avenue Group Limited received the fund to expand healthcare services in Kenya
IFC announced an investment in Kenyan healthcare provider Avenue Group Limited that will support the company's strategy to grow its healthcare offering and boost its patient reach by 20 percent across the country over the next five years.
Lepelle Northern Water and the Infrastructure Fund to invest R4.6 billions in the first phase of the Olifantspoort
Lepelle Northern Water and Infrastructure Fund Sign Memorandum of Agreement for Funding for Olifantspoort/ Ebenezer Bulk Water Project Phase 1
[Tanzania] CHIL Femtech Center launches telemedicine product for students across Africa
The new technology links schools with telemedicine equipment manufacturers who have technologies that are compatible with CHIL's Telemedicine Artificial Intelligence chatbot
Marcyrl attracts new investment from DPI and Amethis
The new investment is set to drive innovation and help expand access to specialty drugs across Africa.
Kenya and Rwanda sign agreement on 10 areas of cooperation
Kenya and Rwanda Tuesday signed an agreement in 10 areas of cooperation to enhance relations. The Memorandum of Understanding will establish mechanisms for effective cooperation in Education, ICT, Gender and Child Development, Youth and Capacity Development for the Public Service.
More investments to bolster infrastructure, energy security, food security, and healthcare from DFC
The transactions will support U.S. foreign policy and development priorities across the globe, including enabling sustainable infrastructure and energy security, advancing food security and agricultural innovation, supporting small businesses, and improving healthcare.
XRP Healthcare expands into Africa
XRP Healthcare has announced its entry into the African Healthcare sector to acquire and merge privately owned healthcare establishments via its subsidiary XRP Healthcare Africa, creating a sustainable premier healthcare network.
Kenya to partner with Univercells to set up Biotechnology Center
The Head of State said the partnership once finalised will also include skills transfer to boost the country’s human capital in the pharmaceutical industry.
[Kenya] Health-tech startup Zuri Health launches digital outpatient service for SMEs
Zuri Health, the Kenyan health-tech has launched a new digital outpatient service designed specifically for small and medium-sized enterprises (SMEs).
[Interview] Dr. Allan Pamba, Executive Vice President, Africa, Roche Diagnostics
Roche is a global pioneer in pharmaceuticals and diagnostics focused on advancing science to improve people’s lives.
AXESS Networks, COMITAS e-Health, Wazima Health partner to provide eHealth solutions in Africa
Wazima Health, Africa’s Integrated e-Health Telemedicine and Health management UK company, AXESS Networks, and COMITAS e-Health, a Spanish Telemedicine Service Provider, hereby announce their joint partnership.
200 millions d’EUR à l’appui de la résilience sanitaire en Afrique
la BEI et Afreximbank lancent une initiative d’investissement de 200 millions d’EUR à l’appui de la résilience sanitaire.
Africa CDC hosts the review of vaccine manufacturing ecosystem in Africa
Africa Centres for Disease Control and Prevention (CDC) hosts lead partners of Partnerships for African Vaccine Manufacturing (PAVM) for review of vaccine manufacturing ecosystem in Africa.
Africa receives investment boost to develop water infrastructure
Metito and British International Investment join forces to establish Africa Water Infrastructure Development (AWID) platform.
[ChatGPT Biography] Tony Elumelu, Founder of Heirs Holdings
Artificial Intelligence is taking the world by storm. As an experiment, Africa Business Communities is publishing a series of 100 biographies of the most successful entrepreneurs in Africa. We only ask the questions and let ChatGPT write.
[Nigeria Business Week] Andrea Ayemoba: Digitization on all fronts, tech takes the lead
There is an obvious, increasing amount of technology awareness, and appeals for more extensive technology trainings in Nigeria.
[Nigeria Business Week] Andrea Ayemoba: 2022 statistics outline Nigeria's economic status quo
Despite all the setbacks plaguing economies the world over, Nigeria’s GDP for 2022 is projected to be north of $500billion, the largest in Africa. All eyes are now turned to what these next 12 months could bring Africa’s largest economy.
[Column] Givemore T. Chiwanza: How has the Russia-Ukraine crisis affected Africa?
This Ukraine crisis escalated on 24 February 2022 and has tremendously impacted the global socio-economic terrain. The situation has and will continue to affect the African continent's financial system and food and energy security.
[East Africa Business Week] Bob Koigi: Boosting small businesses’ competitivity in the region
Small businesses are the engine of the East African economic growth, employing millions and opening up the member states to interact with each other through seamless trade.
[East Africa Business Week] Bob Koigi: Region warms up to the hospitality industry’s expansion binge
Global respected hotel brands are expanding their footprint and have identified Africa as a key investment destination with the East African region catching their attention for its MICE, business and leisure growth potential.
[East Africa Business Week] Bob Koigi: Investing in women-led businesses
Small and medium-sized enterprises (SMEs) account for an estimated 90% of all businesses in Africa and women own about a third of all registered African SMEs.
[East Africa Business Week] Bob Koigi: Banking on innovations, partnerships to grow financial services sector
These developments have led to improved services and a robust sector that is shaping the region’s financial services industry dynamics.
COLUMNS.
[Column] Andrew Ihsaan Gasnolar: The need for positive regulation in the ride-hailing industry
Kenya's ride-hailing industry has rapidly transformed into a thriving ecosystem, attracting both entrepreneurs and enabling residents ...read full column here
[Column] Christopher Sau: Plugging Kenya’s brain drain: Unlocking the value of training and IT talent retention
Enterprises have much to gain by investing in their people and exploring talent-building and upskilling strategies ...read full column here
[Column] NJ Ayuk: Oil market predictions and what they mean for Africa
Of course, the oil market is nothing if not volatile, but few eras match the last several years for dramatic ups and downs ...read full column here
INTERVIEWS.
[Interview] Oluwole Eweje, CEO-WATT Renewables Corporation
We provide sustainability for communities, especially communities that have very few businesses … read full interview here
[Interview] Kenneth Njeru, Director of Africa Afya Healthcare
I had an interest in investing and I identified industries that were great and also brought change to the community, healthcare and Information Technology … read full interview here
[Interview] Yvonne Nelson, Actress and Entrepreneur, Ghana
Yvonne Nelson is a renowned Ghanaian actress and producer who has led a life filled with significant moments that illuminate her remarkable characteristics as a human being… read full interview here
B2B Events
[EVENT] Unlocking Success in New Markets: Cross-Border Payments Strategies for South African Businesses
Join us for this event on Thursday 30th November ... read more and register