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African Healthcare Startups Secure $1.45 Million Boost

African Healthcare Startups
African Healthcare Startups (PHOTO: i3)

In a major development for African healthcare startups, the i3 – Investing in Innovation program, backed by the Bill & Melinda Gates Foundation, has chosen 29 promising companies. These startups, from 21 African countries, will receive $1.45 million in grants to advance their mission of improving healthcare supply chains.

These startups, from 21 African countries, are changing healthcare with digital solutions, including online pharmacies and telemedicine.

What’s great is that 38% of these startups are led by women, promoting gender diversity in healthcare tech.

Kieran Daly, from the Gates Foundation, says tech-driven solutions are vital for better healthcare access in Africa.

These startups will also gain from i3’s Access to Markets event in Nairobi on November 14-15, facilitating connections with stakeholders and investors.

The first i3 -Investing in Innovation, cohort from 2022 has already forged 24 partnerships, showcasing the program’s potential to drive change.

The second cohort of startups is poised to continue this momentum, tackling pressing healthcare challenges across Africa.

This investment highlights the Gates Foundation’s commitment to improving healthcare access in Africa and the transformative potential of technology-driven solutions.

The impact of these startups is expected to benefit communities across the continent for years to come.

Backing the i3 – Investing in Innovation, program are prominent organizations such as Cencora, MSD, Microsoft, Chemonics, and the Gates Foundation. Their collective focus is on enhancing healthcare in Africa through technological advancements.

This significant investment underscores their unwavering commitment to driving positive change in Africa’s healthcare sector.

The i3 2023 cohort includes;

  • Afia Group Limited
  • Aimcare Health
  • Bena Care
  • BioCertica
  • Chari Pharma
  • CheckUps Medical
  • Chefaa
  • Dawa Mkononi
  • Drugstore Nigeria
  • Famasi Limited
  • Field Intelligence, Inc.
  • Grinta
  • Healthtracka
  • Kapsule
  • Medical Diagnostech
  • Medpharma Alliance International Limited
  • Octosoft Technologies Limited
  • Pharmarun
  • Pharmaserv Health Project Nigeria Limited
  • Reductiona
  • SASA Health Limited
  • Tech Care For All Eastern Africa
  • Technovera – Pelebox Smart Lockers
  • Tibu Health
  • UltraTeb
  • Waspito
  • WellaHealth
  • Welo

As these startups continue to innovate and disrupt the healthcare supply chain, they hold the promise of reshaping the future of healthcare in Africa.

In conclusion, keep a close watch on these visionary companies as they work tirelessly to transform healthcare for the better.

Techrectory with Agency Report.

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