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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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