The Empower Africa Business Platform is Now Live !!!
This investment aims to address the growing healthcare needs in Tanzania, particularly as climate change intensifies various health challenges across Africa.
Medikea’s innovative model aims to bridge the gap by combining 24/7 telemedicine with strategically located physical clinics, making essential care more accessible and affordable for underserved populations.
Africa faces a surge in health problems linked to malnutrition, infectious diseases, heat-related illnesses, and more, often compounded by a lack of readily available healthcare resources.
Medikea’s approach tackles this challenge head-on by offering an integrated care ecosystem that blends physical clinics with telemedicine support.
Founded in 2023, Medikea is the brainchild of Dr. Elvis Silayo (CEO) and Dr. Desire Ruhinda (COO), both veterans of Tanzania’s national hospital system.
Operating currently in Dar es Salaam, the startup prioritizes delivering quality care to individuals facing financial constraints.
Their unique model combines virtual consultations with physical clinic visits, offering affordable primary care and diagnostics. To date, Medikea has served nearly 10,000 Tanzanians, providing crucial services like consultations, specialist referrals, and pharmacy connections at nearly half the cost of alternative options.
“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.

Days after getting a $30 million commitment from the European Investment Bank, Seedstars Africa Ventures has received another $10.5 million investment from the African Development Bank (AfDB).

The European Investment Bank (EIB) has confirmed an $80 million equity commitment to the Apis Growth Fund III, a major private equity vehicle led by Apis Partners that focuses on scaling financial services companies in emerging markets.

Nigerian cold-chain startup Figorr (Formerly Gricd) has raised $1.5 million in seed funding to revolutionize perishables insurance with a data-driven approach.