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CSIR secures $4m million in funding from Bill & Melinda Gates Foundation

New Investments

CSIR secures $4 million in funding from Bill & Melinda Gates Foundation

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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.

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Helium Health raises $30 million in Series B funding to drive healthcare innovation in Africa

New Investments

Helium Health raises $30 million in Series B funding to drive healthcare innovation in Africa

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Nigerian healthtech startup Helium Health has raised $30 million in its recent Series B funding round.

The funding round saw participation from Capria Ventures, Angaza Capital , and Flatworld Partners, with existing investors like Global Ventures, Tencent, Ohara Pharmaceuticals, LCY Group, WTI, and AAIC | Asia Africa Investment & Consulting also taking part. Helium Health has been at the forefront of leveraging technology to drive healthcare innovation across Africa.

 

Founded in 2014, the company provides an integrated electronic medical records (EMR) and hospital management information system (HMIS) platform, empowering healthcare providers to streamline operations, enhance patient care, and drive overall efficiency. With the successful completion of its Series B funding round, Helium Health is now primed to advance its mission of revolutionizing healthcare financing solutions on the African continent

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Kena Health raises $2 million to improve access to quality healthcare services

New Investments

Kena Health raises $2 million to improve access to quality healthcare service

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South African health-tech startup, Kena Health, has raised $2 million in seed funding.

The startup secured the seed extension funding from NEXT176, a subsidiary of Old Mutual, and Tofino Capital, a US-based market investor. Launched in 2022, Kena Health aims to revolutionize the healthcare industry by leveraging technology to improve access to quality healthcare services.

 

The startup provides a comprehensive telehealth platform that connects patients with licensed healthcare professionals via a smartphone, allowing for remote medical advice, diagnoses, and prescriptions. The platform also incorporates digital health tools and features, such as electronic health records and remote monitoring, to enhance patient care and improve health outcomes.

 

The $2 million funding injection will enable Kena Health to accelerate its expansion plans, further develop its technology infrastructure, and strengthen its team of healthcare professionals and technical experts. The startup intends to utilize the funds to enhance the platform’s capabilities, extend its reach to underserved communities, and invest in research and development to innovate and refine its solutions continuously.

 

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Can Africa Manufacture Its Own Vaccines? Mastercard Foundation & IDP Partnership Is a Pivotal Step Towards Africa’s Health Independence

Key Developments

Can Africa Manufacture Its Own Vaccines? Mastercard Foundation & IDP Partnership Is a Pivotal Step Towards Africa’s Health Independence

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The Mastercard Foundation and the Institut Pastuer De Dakar (IDP) have unveiled a $45 million partnership to strengthen Africa’s healthcare infrastructure and foster vaccine manufacturing autonomy.

The collaboration aims to bolster the continent’s vaccine manufacturing capabilities and enhance its preparedness for future health crises. The investment will be strategically utilized to support the development of vaccine manufacturing hubs across Africa. These hubs will serve as centers of excellence, equipped with state-of-the-art infrastructure, advanced technology, and research facilities to facilitate vaccine production, distribution, and quality control.

 

Through this partnership, the Mastercard Foundation and IDP aim to foster collaboration among African nations, academia, research institutions, and the private sector. The objective is to create a robust ecosystem that promotes knowledge sharing, skills development, and technology transfer, ultimately enabling Africa to produce safe, affordable, and effective vaccines locally.

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How Are Drones Transforming Healthcare Access in Africa? Learn About A New And Innovative Transport Solution That Just Launched.

Key Developments

How Are Drones Transforming Healthcare Access in Africa? Learn About A New And Innovative Transport Solution That Just Launched.

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Siemens Healthineers Middle East, Southern & Eastern Africa and WINGCOPTER Gmbh have partnered to launch Africa’s first integrated drone transport solution for medical supplies.

The partnership seeks to enhance healthcare accessibility and overcome logistical challenges in delivering medical supplies in Africa. This innovative initiative promises to revolutionize healthcare by ensuring timely and life-saving interventions, particularly in remote and hard-to-reach areas.

 

The cutting-edge system leverages the capabilities of unmanned aerial vehicles (UAVs) to deliver medical supplies such as vaccines, blood samples, medicines, and diagnostic equipment. Utilizing Wingcopter’s delivery drones interconnected with Siemens Healthineers’ laboratory diagnostics facilities will allow for quick and automated 2-way delivery of samples, medicine and other medical products.

The battery-powered drones will be operated by Wingcopter, covering a range of up to 75 kilometres while maintaining the cold chain at all times.

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AstraZeneca to launch Africa Health Innovation Hub 

Key Developments

AstraZeneca to launch Africa Health Innovation Hub

Leading global pharmaceutical company AstraZeneca has announced the launch of its Africa Health Innovation Hub to increase access to healthcare on the continent.

The groundbreaking initiative will use the latest technologies to improve healthcare in Africa. AstraZeneca will roll out the project in partnership with Tricog Health in Kenya and MedSol AI Solutions in South Africa. The hub is part of the company’s A.Catalyst Network, which is made up of more than 20 health innovation hubs.

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