The Council for Scientific and Industrial Research (CSIR) has secured a $4 million investment from the Bill & Melinda Gates Foundation to drive skills and health innovation.
The investment will accelerate the CSIR’s groundbreaking research and development efforts in healthcare, opening new avenues for advancements and solutions that address critical health challenges across the continent. The investment marks a significant milestone in the CSIR’s mission to promote scientific excellence and foster innovation for the betterment of African communities.
With the funding, the CSIR will boost the development of innovative healthcare solutions that are accessible, affordable, and tailored to meet the specific needs of the African population. The CSIR has a proven track record of delivering impactful healthcare innovations, from diagnostics and therapeutics to medical devices and digital health solutions.
Founded in 2018, Raise is on a mission to help African startups to manage equity, seed rounds, legal compliance, and close deals faster.
Nigerian healthtech company, Field, has introduced a groundbreaking service aimed at addressing critical health challenges in maternal mortality, newborn and child health, and nutrition.
AFEX, a Nigeria-based commodities platform, has raised $26.5 million in funding from British International Investment (BII), the UK’s development finance institution (DFI) and impact investor.
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