Kenya's mTek Secures an Additional $3 Million Funding
Kenyan insurtech startup mTekhas secured an additional $3 million investment through both debt and equity fromAfrican-focused fintech platform, Finclusion Group. The investment seeks to accelerate mTek’s growth into the Kenyan [...]
Opinion: African Solution to African Problems, Reframing Science Innovation
Africa is plagued by many epidemics — from tuberculosis and HIV/AIDS to malaria and wild polio — but the continent has also worked for decades to fight these threats. The [...]
KEMSA to Collect Over KSh 2.7B Held by Counties
KEMSA (Kenya Medical Supplies Authority) has announced intentions to recover over KSh 2.7 billion owed by County Governments. The Authority said it aims to collect at least KSh 500 million [...]
Serum Institute to Set Up First Manufacturing Plant in Africa
The Serum Institute of India (SII), the world's biggest vaccine maker, is considering setting up its first manufacturing plant in Africa as it looks to expand globally after its success [...]
Government Set to Roll out Telemedicine Programme to Improve Acess to Healthcare Services
Kenya is set to roll out a grant telemedicine program across the country to improve access to healthcare, particularly in remote and marginalized regions. Already, the government through the Communication [...]Zuri Health Raises $ 1.3M for Expansion Across Africa
Zuri Health, the digital healthcare providing affordable healthcare via mobile, has raised $ 1.3 Million for expansion across Africa. Participants in this seed round funding include DOB Equity, Launch Africa [...]Treasury allocates Ksh 146.8 Billion to the Health Sector
National Treasury Cabinet Secretary Ukur Yatani allocated Ksh 146.8 billion to the healthcare sector out of which Ksh 62.3 billion will cover Universal Health Coverage (UHC). “Of this amount, Ksh [...]Resolution Insurance Placed Under Statutory Management
The Commissioner of Insurance has placed Resolution Insurance Company Limited under Statutory Management, and appointed the Policyholders Compensation Fund (PCF) as the Statutory Manager for a period of 12 months, [...]CFAO Healthcare Acquires 30% Stake in Goodlife Pharmacies
CFAO Healthcare has acquired a 30% stake in Goodlife Pharmacies from Leapfrog Investments. LeapFrog first invested in Goodlife in 2017, and will remain the majority shareholder, and CFAO Healthcare the [...]Uganda's Rocket Health Raises $5 Million in Series A Funding
Uganda’s Rocket Health, a telemedicine and last-mile healthcare startup, has raised $5 million in its Series A round of funding, bringing its total funding to $6.2 million. Investors who took [...]Co-op Bank in deal with IFC to Fund HealthCare Equipment Purchase
Co-op Bank has linked up with the International Finance Corporation (IFC) to provide credit to healthcare firms at friendly terms. Those targeted are clinics, hospitals and laboratories with a maximum [...]Morocco Begins Construction of $562 Million Vaccine Plant
Morocco has begun the construction of a new $562 million vaccine plant with the capacity to produce 116 million vaccines in 2024. The new ‘SENSYO Pharmatech’ factory in the coastal [...]
