Month: July 2023

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Zuri Health: The Kenyan health-tech redefining accessible healthcare in Africa

StartUp Spotlight

Zuri Health: The Kenyan health-tech startup redefining healthcare access in Africa

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In the vibrant landscape of healthcare innovation, one Kenyan health-tech startup shines as a beacon of hope and transformation.

Zuri Health has rapidly emerged as a trailblazer in the Kenyan healthcare ecosystem, driven by a mission to make quality healthcare accessible to all.

The Kenyan healthtech startup is dedicated to bridging the healthcare gap by offering accessible, reliable, and affordable medical services to all Kenyans.

The word “Zuri” in Swahili translates to “good,” encapsulating the company’s core values of promoting good health and well-being for everyone.

Founded in 2018, Zuri Health’s mission centers around providing a comprehensive healthcare platform that integrates various services to cater to the diverse needs of the Kenyan population and beyond.

Through its mobile application and website, Zuri Health seamlessly connects patients to a range of healthcare services and resources.

One of Zuri Health’s flagship offerings is telemedicine, enabling patients to consult with licensed healthcare professionals remotely.

Zuri Health’s overarching mission is to democratize healthcare in Kenya by breaking down barriers to access, affordability, and quality.

By leveraging technology, they strive to empower individuals with the tools and knowledge necessary to take charge of their health and well-being.

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AfriLabs partners with the U.S. Department of State to tackle climate crisis in Africa through entrepreneurship

Key Developments

AfriLabs partners with the US Department of State to tackle climate crisis in Africa through entrepreneurship

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AfriLabs, one of Africa’s largest networks of technology and innovation hubs, has joined hands with the United States Department of State to tackle the climate crisis in Africa through entrepreneurship.

This partnership seeks to leverage the power of entrepreneurship and innovation to address pressing environmental challenges across the African continent.

The collaboration is expected to foster sustainable solutions that can mitigate the adverse impacts of climate change and promote economic growth in the region.

Climate change remains one of the most pressing global issues, with Africa particularly vulnerable to its consequences.

Extreme weather events, rising sea levels, desertification, and dwindling natural resources are among the challenges the continent faces.

AfriLabs, comprising over 250 innovation hubs spread across 47 African countries, has a proven track record of nurturing and supporting startups and entrepreneurs in various sectors, including renewable energy, agriculture, water management, and sustainable urban planning.

The partnership between AfriLabs and the U.S. Department of State wiU.S.ocus on three key pillars, including incubation and support for climate-focused startups.

By nurturing climate-focused startups, the partnership aims to create a thriving ecosystem of environmentally conscious businesses that can drive sustainable development.

Additionally, through regional workshops, the sharing of knowledge and best practices is expected to foster cross-border cooperation, leading to region-specific climate solutions.

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Ethiopian health tech YeneHealth raises Pre-Seed funding to bridge the healthcare gap in Africa

New Investments

Ethiopian health tech YeneHealth raises Pre-Seed funding to bridge the healthcare gap in Africa

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Ethiopian health-tech startup YeneHealth has raised Pre-Seed funding to bridge the healthcare gap in Africa.

YeneHealth’s latest funding round was led by African VC and Jaza Rift Ventures, a leading health-tech-focused venture capital firm.

Founded in 2021, the company is committed to unlocking the digital door of healthcare services for African women of reproductive age.’

YeneHealth’s web and mobile application is designed to provide African women of reproductive age with confidential and comprehensive access to sexual and reproductive healthcare services.

The platform offers a range of features, including health information, telehealth services with verified providers, an e-pharmacy service with discreet delivery, and personalized tools such as period tracking and medication monitoring.

The latest round of investment will accelerate YeneHealth’s role as a frontrunner in the femtech space on the continent.

The funds will be utilized to expand the platform’s reach, enhance product development, and establish strategic partnerships, ultimately enabling YeneHealth to build on the foundation needed to serve the more than 280 million women of reproductive age across Africa.

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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South African solar energy firm GoSolr secures new investment from African Rainbow Capital for clean energy acceleration

New Investments

South African solar company GoSolr secures new investment from African Rainbow Capital for clean energy acceleration

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South African solar energy firm, GoSolr, has secured a substantial new investment from African Rainbow Capital (ARC), a leading investment firm.

The strategic investment marks a significant milestone for GoSolr and paves the way for accelerated growth and expansion in the country’s clean energy landscape.

GoSolr has been at the forefront of harnessing solar power to drive sustainable and eco-friendly solutions in South Africa.

With a mission to promote clean energy adoption and combat climate change, GoSolr’s innovative solar technologies have already positively impacted both residential and commercial customers seeking renewable energy alternatives.

ARC’s investment in GoSolr is aligned with its commitment to fostering sustainable businesses and promoting a greener future for Africa.

The collaboration aims to create a stronger clean energy ecosystem in South Africa and facilitate the widespread adoption of renewable energy solutions.

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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Kasha, a Rwandan-based e-commerce platform that provides access to women’s health and personal care products, has raised $21 million in a Series B funding round

New Investments

Kasha, a Rwandan-based e-commerce platform that provides access to women’s health and personal care products, has raised $21 million in a Series B funding round

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The investors who participated in the funding round include Knife Capital, Finnfund, DFC, Tim Koogle (ex-Yahoo CEO), Beyond Capital Ventures, Altree Capital, Bamboo Capital Partners’s BLOC Smart Africa Fund and Five 35 Ventures

Founded in 2016, Kasha aims to bridge the gap in access to women’s health products and personal care items, addressing the challenges faced by many women in obtaining these essential items discreetly and conveniently. The latest funding round marks a significant milestone for the company, enabling Kasha to expand its health access platform across Africa and further its mission of empowering women with affordable and confidential health solutions.

 

The $21 million Series B investment comes when there is a growing focus on women’s health and empowerment in Africa.Kasha’s efforts align with the United Nations Sustainable Development Goals (SDGs), particularly SDG 3 (Good Health and Well-Being) and SDG 5 (Gender Equality).

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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Oyin Solebo 

Oyin Solebo

Oyin is one of the remarkable figures making significant contributions to the tech and startup ecosystem in Africa.

As a seasoned investor, speaker, and Managing Director of ARM Labs Lagos Techstars Accelerator, she has played a pivotal role in nurturing innovation and empowering startups to thrive in the dynamic business landscape. Oyin’s journey in the world of technology and investment began with a passion for exploring new ideas and a relentless drive to make a difference.

Her foray into the world of investment was marked by her association with Techstars, a renowned global accelerator that provides mentorship, funding, and resources to startups. As the Managing Director at Techstars, Oyin took charge of the ARM Labs Lagos Techstars Accelerator, an accelerator program focused on supporting startups in Lagos, Nigeria.

In this role, she is the driving force behind the growth of numerous startups, providing them with the essential guidance and mentorship needed to navigate the challenges of entrepreneurship successfully.

 

Her expertise in investment and her keen eye for potential have helped many startups gain traction, secure funding, and scale their businesses. Oyin’s work extends beyond her role at Techstars.

 

She has become a prominent figure on the African tech scene, regularly participating as a speaker at various tech and entrepreneurship summits.

 

Through these speaking engagements, Oyin shares her insights, experiences, and industry knowledge with aspiring entrepreneurs, inspiring them to pursue their dreams and make a positive impact on the continent’s tech ecosystem.

 

Additionally, she actively advocates for diversity and inclusion within the tech industry, encouraging more women and underrepresented groups to pursue careers in entrepreneurship and investment.

 

By breaking barriers and challenging stereotypes, Oyin aims to create a more inclusive and equitable tech ecosystem where talent and ideas are valued above all else.

 
 

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Dr. Davis Musinguzi

Dr Davis Musinguzi

Dr Davis Musinguzi is a medical doctor and digital health entrepreneur who is making a significant impact on the healthcare landscape in Africa.

He is the co-founder and CEO of Rocket Health:  *280*6# For Cashless Healthcare, a digital health company that provides telemedicine, pharmacy delivery, and lab testing services in Uganda. He is also the managing director of The Medical Concierge Group, a digital health company that provides healthcare enterprise software and connected medical devices.

Dr Musinguzi has a Bachelor of Medicine and Surgery from Makerere University, an MSc in ICT from the University of Cape Town, and an MBA in Healthcare Management from the University of Oxford. He is a recipient of the Google Founders’ Award, the Microsoft Imagine Cup Award, and the Ericsson Innovation Award.

He is also a TEDx speaker and a member of the East Africa Healthcare Federation. Dr Musinguzi is a passionate advocate for using technology to improve access to healthcare in Africa and believes that digital health can help bring quality healthcare to people in rural areas.

His work has had a significant impact on the lives of people in Uganda and across Africa.

Rocket Health has provided access to healthcare to millions of people who would otherwise have been unable to afford it.

 

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Kenyan Agtech Startup Farmworks Raises $4 Million in Pre-Series A Funding to Revolutionize Agriculture Technology

New Investments

Kenyan agtech FarmWorks secures $4 million in pre-Series A funding to revolutionize agriculture technology

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Kenyan agtech startup Farmworks has secured $4 million in pre-Series A funding to fuel its mission to transform agricultural practices in Kenya and beyond.

The investment will allow Farmworks to enhance its technology platform further and expand its reach, empowering farmers and revolutionizing the agriculture sector.

The funding round was led by Acumen Resilient Agriculture Fund, an existing investor. Livelihood Impact Fund, Vested World, several family offices, and angel investors also participated in the round.

Founded in 2018, Farmworks has gained recognition for its cutting-edge technological solutions to boost agricultural productivity and efficiency.

The platform leverages data analytics, artificial intelligence, and Internet of Things (IoT) sensors to provide farmers with valuable insights into crop management, weather forecasting, and pest control.

With a user-friendly mobile application, Farmworks enables smallholder farmers to access personalized recommendations and timely information on crop care, disease prevention, and optimal harvesting periods.

Agriculture is a vital sector in Kenya, employing a significant portion of the country’s population and contributing substantially to its economy.

However, farmers often face challenges such as unpredictable weather patterns, limited access to resources and information, and fluctuating market prices.

Farmworks aims to bridge these gaps by providing farmers with actionable insights to make informed decisions and improve their overall productivity.

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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BasiGo to Spearhead Rwanda’s Electric Mobility Revolution with the Introduction of Electric Buses

Key Developments

BasiGo to Spearhead Rwanda's Electric Mobility Revolution with the Introduction of Electric Buses

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Rwanda’s vision for a greener and more sustainable future takes a giant leap forward as BasiGo, a renowned electric vehicle manufacturer, announces its plans to bring electric buses to the streets of Rwanda.

In a transformative move towards eco-friendly public transportation, the collaboration between BasiGo and the Rwandan government promises to revolutionize the country’s mobility landscape and significantly reduce carbon emissions.

BasiGo’s entry into the Rwandan market marks a significant milestone in the country’s journey towards embracing clean energy alternatives.

The introduction of electric buses will play a pivotal role in advancing Rwanda’s commitment to environmental conservation, aligning perfectly with the nation’s ambitious sustainability goals.

With an unwavering focus on environmental preservation, the electric buses from BasiGo will operate as emission-free vehicles, significantly reducing air pollution and improving urban air quality.

BasiGo’s electric buses are equipped with cutting-edge battery technology that ensures extended ranges on a single charge, making them perfectly suited for Rwanda’s diverse urban landscape.

Passengers will experience a seamless and comfortable ride, all while knowing they are contributing to a cleaner and more sustainable environment.

The partnership between BasiGo and the Rwandan government aims to empower the country’s public transportation system with reliable, efficient, and eco-conscious solutions.

By introducing electric buses, the collaboration seeks to create a positive impact on the lives of Rwandans, offering a modern and environmentally responsible travel experience.

Recognizing the need for a robust charging infrastructure, BasiGo will invest substantially in setting up charging stations across strategic locations in Rwanda.

This extensive charging network will ensure that electric buses have ample access to charging points, providing a seamless transition to electric mobility.

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