New Investments
Egyptian Healthtech Startup Yodawy Secures $10 Million Boost from Ezdehar
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.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“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.
You may also like...
BURN Manufacturing Issues Africa’s First Green Bond of $10 Million for Clean Cooking
BURN Manufacturing (BURN), a leading clean cookstove manufacturer, distributor, and carbon-offset project developer, has announced the issuance of Sub-Saharan Africa’s first-ever green bond designated for clean cooking financing of USD $10 Million.
Africa Finance Corporation Raises $431 Million Through Five-Year Digital Bond
Africa Finance Corporation has raised approximately $431 million (CHF 350 million) through a five-year digital bond to support its general funding requirements and expand its capacity to finance infrastructure across Africa.
ARISE IIP Secures $443 Million Capital Raise from Afreximbank’s FEDA and AFC to Boost Industrial Expansion in Africa
ARISE Integrated Industrial Platforms (ARISE IIP), a leading developer and operator of industrial parks across Africa, has successfully raised $443 million in new capital to fuel its expansion efforts.