This strategic investment, fueled by Ezdehar’s Mid-Cap Fund II, aligns with the firm’s mission to empower promising startups.
Founded in 2018, Yodawy has gained prominence with its health-tech platform.
Patients can access a comprehensive healthcare marketplace, order medication, connect with labs and insurance companies, and experience a streamlined healthcare journey.
“This investment is a game-changer for Yodawy,” says CEO Karim Khashaba.
“Ezdehar’s support will fuel our expansion, enhance prescription fulfillment capabilities, and solidify our position as a key player in Egypt’s digital health landscape.”
Yodawy boasts partnerships with 35 health insurance providers, 800 companies, 20 hospitals, and 3,000 pharmacies, serving both chronic and non-chronic conditions.
Ezdehar, backed by renowned institutions like the European Bank for Reconstruction and Development, recognizes Yodawy’s potential.
“They’ve identified a gap in the healthcare system and developed a model that benefits both patients and providers,” remarks Ezdehar General Manager Amir El-Sharqy.
“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.
Ten African startups have been chosen to receive funding as part of the Africa Blue Wave and Regen Wave initiatives, a collaborative effort to unlock solutions for a sustainable future.
Kenyan startup Peach Cars KE has secured a $5 million seed investment to fuel its ambitious plans of transforming the automotive industry in Kenya.
Sweden’s development finance institution, Swedfund, has pledged €40 million to improve infrastructure in Africa, the Levant, and South and Southeast Asia.
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