New Investments
Gates Foundation Funds 29 Healthcare Supply Chain Startups in Africa Through i3 Program
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:
- Afia Group Limited (Tanzania)
- Aimcare Health (Kenya)
- Bena Care (Nigeria)
- BioCertica (Ghana)
- Chari Pharma (Morocco)
- CheckUps Medical (Nigeria)
- Chefaa (Egypt)
- Dawa Mkononi (Tanzania)
- Drugstore Nigeria (Nigeria)
- Famasi Limited (Ghana)
- Field Intelligence, Inc. (Kenya)
- GICMED (Nigeria)
- Grinta (Rwanda)
- Healthtracka (Nigeria)
- Kapsule (Ghana)
- Medical Diagnostech (Nigeria)
- Medpharma Alliance International Limited (Kenya)
- Octosoft Technologies Limited (Nigeria)
- Pharmarun (Nigeria)
- Pharmaserv Health
- Project Nigeria Limited (Nigeria)
- Reductiona (South Africa)
- SASA Health Limited (Nigeria)
- Tech Care For All Eastern Africa (Kenya)
- Technovera – Pelebox Smart Lockers (Cameroon)
- Tibu Health (Kenya)
- UltraTeb (Algeria)
- Waspito (Rwanda)
- 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.
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...
Ghana’s Oyster Agribusiness Gets Funding From Sahel Capital to Boost Smallholder Farmer Market Access
Sahel Capital, the fund manager for the Social Enterprise Fund for Agriculture in Africa (SEFAA), has approved a term and working capital loan of approximately $610,000 to support Ghanaian-based Oyster Agribusiness.
FSDAi Nyala Facility Invests $1 Million in First Circle Capital Africa Fund I
FSDAi Nyala Facility BV, a venture established by FSD Africa Investments, has announced a US$1 million investment in First Circle Capital Africa Fund I.
Pan-African VC Firm P1 Ventures Completes First Close of Second Fund at $25 Million To Invest in African Startups
P1 Ventures, a Pan-African seed venture capital fund, has announced the first close of its second fund at $25 million.
