The round also included participation from Newtown Partners, Saviu Ventures, AAIC Investment, Axian Ventures, and CFAO’s Health54, bringing Waspito’s total funding to $5.2 million since last year’s $2.7 million seed round.
This significant investment will fuel Waspito’s growth initiatives, particularly in expanding its telemedicine services across the Francophone region.
The startup, founded in early 2020 by Jean Lobe Lobe, has established itself as a leading provider of accessible healthcare services through its health-focused social network.
At the heart of Waspito’s success lies its unique health ecosystem, which connects users (patients) directly with verified doctors through instant video calls.
Unlike traditional telemedicine platforms that require pre-registration and scheduled appointments, Waspito prioritizes immediate access to healthcare, enabling users to connect with available doctors in real-time.
This approach addresses the urgent healthcare needs of users and aligns with Waspito’s vision of making healthcare accessible to all.
Further enhancing the user experience, Waspito facilitates sample collection from homes and the delivery of medication, providing a comprehensive healthcare experience.
This integrated approach has earned Waspito the moniker “Facebook for healthcare,” reflecting its user-friendly platform and commitment to providing accessible healthcare services.
Earlier this year, Waspito expanded its operations to Ivory Coast, introducing a hybrid model that combines virtual consultations with offline mini-clinics.
“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.
African Infrastructure Investment Managers (AIIM), Africa’s largest dedicated sustainable infrastructure equity manager, has successfully closed its fourth pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4), with a total of USD748 million raised.
Renew Capital has announced its investment in Power Financial Wellness, a fintech platform dedicated to enhancing financial management tools for workers across formal and informal sectors.
Three African venture capital (VC) fund managers—First Circle Capital, SpeedInvest, and Knife Capital—have been honored with prestigious awards for their exceptional efforts in supporting entrepreneurs and startups across the continent.
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