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Quro Medical, a pioneering leader in innovative healthcare solutions, has secured a $1.3 million investment from the Mineworkers Investment Company (MIC).
Founded in 2018, Quro Medical is at the forefront of redefining healthcare delivery in South Africa. With a vision to provide quality care outside traditional hospital settings, Quro Medical’s Hospital-at-home Services offer a transformative approach that brings personalised medical care to the comfort of patients’ homes. The new investment will empower Quro Medical to expand its operations, scale its services, and further develop its cutting-edge technology platform. The startup’s latest investment marks a pivotal moment in its journey towards reshaping healthcare in South Africa.

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is planning to invest up to $8 million in Aruwa Capital Fund II, a private equity fund targeting small and medium-sized enterprises (SMEs) in West Africa.

A UK-Malawian venture, Aftrak, has emerged victorious in the Milken-Motsepe Prize in Green Energy, a competition aimed at boosting access to sustainable electricity in Africa.

Swedfund, a Swedish development finance institution (DFI), has partnered with African credit fund BluePeak Private Capital Fund to invest $5 million in Bridge Bank Microfinance (BBM), a subsidiary of West Africa-based Teyliom Finance.