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Gates Foundation Funds 29 Healthcare Supply Chain Startups in Africa Through i3 Program

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Gates Foundation Funds 29 Healthcare Supply Chain Startups in Africa Through i3 Program

The Bill & Melinda Gates Foundation has announced that it will fund 29 healthcare supply chain startups in Africa.

The startups were selected through the Investing in Innovation Africa (i3) program, which is a pan-African initiative to support the growth of early- and growth-stage healthcare supply chain companies.

The selected startups operate in 21 different African countries and are developing a wide range of innovative solutions, including online pharmacies, telemedicine platforms, inventory management systems, and data analytics tools.

The goal of these startups is to improve the efficiency and effectiveness of healthcare supply chains in Africa, which will help to ensure that more people have access to the essential medicines and medical supplies they need.

The i3 program provides selected startups with a grant of $50,000, as well as access to market opportunities and tailored investment readiness support.

The program is sponsored by Cencora (formerly AmerisourceBergen), Merck Sharpe & Dohme (MSD), Microsoft, and Chemonics.

The following is a list of the 29 healthcare supply chain startups selected for the second cohort of the i3 program:

  1. Afia Group Limited (Tanzania)
  2. Aimcare Health (Kenya)
  3. Bena Care (Nigeria)
  4. BioCertica (Ghana)
  5. Chari Pharma (Morocco)
  6. CheckUps Medical (Nigeria)
  7. Chefaa (Egypt)
  8. Dawa Mkononi (Tanzania)
  9. Drugstore Nigeria (Nigeria)
  10. Famasi Limited (Ghana)
  11. Field Intelligence, Inc. (Kenya)
  12. GICMED (Nigeria)
  13. Grinta (Rwanda)
  14. Healthtracka (Nigeria)
  15. Kapsule (Ghana)
  16. Medical Diagnostech (Nigeria)
  17. Medpharma Alliance International Limited (Kenya)
  18. Octosoft Technologies Limited (Nigeria)
  19. Pharmarun (Nigeria)
  20. Pharmaserv Health
  21. Project Nigeria Limited (Nigeria)
  22. Reductiona (South Africa)
  23. SASA Health Limited (Nigeria)
  24. Tech Care For All Eastern Africa (Kenya)
  25. Technovera – Pelebox Smart Lockers (Cameroon)
  26. Tibu Health (Kenya)
  27. UltraTeb (Algeria)
  28. Waspito (Rwanda)
  29. WellaHealth (Kenya)
    Welo (Senegal)

The Gates Foundation’s investment in these startups is a significant boost for the healthcare supply chain sector in Africa.

The startups are developing innovative solutions that have the potential to make a real difference in the lives of millions of people.

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Catalysts of Progress: Celebrating 30 VC Mavericks Pioneering African Tech Investment

Catalysts of Progress: Celebrating 30 VC Mavericks Pioneering African Tech Investment

Africa is a continent of youthful potential and boundless innovation.

With over 1.2 billion people, over half of whom are under the age of 25, Africa is home to the world’s fastest-growing young population.

This demographic dividend presents a unique opportunity to transform the continent’s economy and lift millions out of poverty.

Technology is playing a pivotal role in driving this transformation, with African startups leveraging technology to solve some of the continent’s most pressing challenges.

Tech venture capitalists (VCs) are playing a critical role in supporting these startups.

By providing them with the funding, mentorship, and resources they need to succeed, VCs are helping to bridge the poverty gap, drive innovation, and support dreams in Africa.

At Empower Africa, we believe that Africa is a continent brimming with untapped potential waiting to be unleashed.

We are thrilled to shine a spotlight on 30 incredible individuals who share our vision.

These remarkable venture capitalists have dedicated their time, expertise, and resources to invest in African tech entrepreneurs and startups, paving the way for a brighter, more prosperous continent.

1. Ken Njoroge – Co-Founder, Cellulant

2. Maya Horgan Famodu – Founder & Partner at Ingressive Capital

3. Danladi Verheijen – CEO, Verod

4. Zachariah George – Managing Partner, Launch Africa Ventures

5. Ido Sum – Partner at TLcom Capital

6. Tokunboh Ishmael, CFA – Managing Partner at Alitheia Capital

7. Yacob Berhane – Co-founder, CEO @Pariti

8. Sewu-Steve T. – Co-Founder & Managing Partner, Jaza Rift Ventures

9. Polo Leteka – Founder and Chairman @ IDF Capital

10. Biola Alabi – General Partner, acasia

11. Dhekra KHELIFI – Partner at 216 Capital Ventures

12. Eloho Omame – Partner, TLcom Capital

13. Luke Mostert – Co-Founder, CatalyzU

14. Darshan Chandaria – Founder & Managing Partner, Chandaria Capital

15. Eunice Ajim – Founding Partner at Ajim Capital

16. Anthony William Catt – Founder & Director, Ventures 54

17. Adesuwa Okunbo Rhodes – Founding Partner, Aruwa Capital Management

18. Sam Sturm – Chief Portfolio Officer, Founders Factory

19. Yele Bademosi – Founding Partner at Microtraction

20. Eghosa Omoigui – Investor at Kbox Global

21. Mia von Koschitzky-Kimani – Managing Partner at Future Africa

22. Maryanne Ochola – Managing Director at Endeavor Kenya

23. Hannah Subayi Kamuanga – Partner at Launch Africa Ventures

24. Ben Marrel – Co-Founder & CEO @ Breega

25. Ouis Abdessadok – VC investor @ Quona Capital

26. Nneka Eze – Managing Partner @ VestedWorld

27. Fadilah Tchoumba – Secretary General at ABAN

28. Johnathan Smit – Senior Investment Associate at Knife Capital

29. Bunmi Akinyemiju – Partner at GreenHouse Capital Africa

30. Maelis Carraro – Managing Partner @ Catalyst Fund

Each of these extraordinary individuals has played a pivotal role in fostering innovation, economic growth, and positive change across the African tech landscape.

Their unwavering commitment to investing in the dreams of our continent’s brightest minds has not only empowered countless entrepreneurs but has also propelled Africa onto the global stage of innovation.

At Empower Africa, we are profoundly grateful for their dedication and relentless pursuit of a brighter future for Africa.

They serve as beacons of inspiration for us all, reminding us that the key to unlocking Africa’s immense potential lies in collaboration, innovation, and unwavering belief.

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Nkiru Amadi-Emina

Amadi-Emina is a Nigerian fintech entrepreneur with a mission to create a one-stop shop for financial services for SMEs and supply chain businesses.

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