Private hospital group Mediclinic ink deal with Moshesh Partners to deploy solar power at six hospitals

SOUTH AFRICA – Private hospital group Mediclinic has signed a power purchase agreement (PPA) with renewable energy producer Moshesh Partners to deploy a solar photovoltaic (PV) system at six of its hospitals. The 12-year PPA, signed with the option to extend to 25 years, will ensure that the hospitals have access to affordable and clean power over that time period, according to the medical group. The agreement comes after President Cyril Ramaphosa’s announcement that South Africa would raise the limit on self-generation of renewable power from 1MW to 100MW, including the ability to sell excess capacity into the grid, declaring…

Read More

Teeth-straightening startup BASMA.com closes US$3m Series A funding to scale up operation

MENA – BASMA.com, a teeth-straightening D2C startup, has closed US$3 million Series A funding led by MEVP to scale up its healthtech platform in the MENA region. The funding also saw the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and IFA capital. BASMA.com is a digital healthcare platform working on redefining the orthodontics support experience with a chain of digitally-equipped clinics to offer faster and more precise treatments through its licensed partners. It uses ISO and CE certified invisible teeth aligners, 3D-printed in-house, to assist…

Read More

Nigerian health tech start-up Helium Health introduces new products as it enters Kenyan market

KENYA – E-health start-up Helium Health of Nigeria, has partnered with three local providers, Philips Healthcare Technologies, Carepay, and Savannah Informatics to  launch its operations in Kenya. The partnership will enable it to integrate new services, including an EMR to serve the entire East African market. Launched in 2016, Helium Health is the largest Electronic Medical Records (EMR) and Hospital Management Information (HMI) Systems provider in West Africa.  The start-up was founded by three entrepreneurs, Adegoke Olobusi, Tito Ovia and Dimeji Sofowora, with a shared passion for solving the practical problems that they identified…

Read More

Construction company JBN to construct first state-owned cancer and cadio-vascular center

NIGERIA – Julius Berger Nigeria Plc (JBN), a construction company, has secured contract to build Nigeria’s first state-owned cancer and cadio-vascular diseases diagnostic and treatment centre in Port Harcourt, Rivers State. Rivers State Governor, Nyesom Wike, said the multi-billion naira project is for a 14-month completion period, emphasising that JBN, would complete and deliver the project for inauguration as scheduled. “We chose Julius Berger to help us build it not only well, but also successfully within its scheduled completion time as experience have taught us the company always do with…

Read More

Organon launches in Egypt with a focus on women’s health

EGYPT – Organon, a global company focused on women’s health, has launched its presence in Egypt in a move to transform and further prioritized women’s health in the country. The focus on diversity both on an internal and external level will lead generational change in the healthcare industry of Egypt. Organon takes a broad view of women’s health, with the goal of expanding beyond reproductive health to help address the conditions that are unique to women, but also conditions that disproportionately affect women or have an especially heavy burden on…

Read More

Orange, AXA Assurance acquire controlling stake in health-tech company DabaDoc

MOROCCO – Orange Middle East and Africa and AXA Assurance Maroc have acquired a majority stake in DabaDoc, a Moroccan health-tech company digitalizing access to healthcare in Africa.  The financial terms of the transaction, announced Monday, have not been disclosed. The transaction is expected to close in the third quarter of 2021.  “DabaDoc, a leading health-tech platform in Africa, is supporting the digital transformation of healthcare professions,” Zineb Drissi-Kaitouni, co-founder and CEO of DabaDoc, said.  “Orange’s investment in DabaDoc and AXA’s renewed investment will strengthen DabaDoc’s growth ambitions through Orange and AXA’s presence in Africa and the Middle East.…

Read More

Afreximbank launches AMCE project in Nigeria set to begin in the last quarter of 2021

NIGERIA – African Export-Import Bank (Afreximbank) has announced the commencement of its African Medical Centre of Excellence (AMCE) project in Abuja, Nigeria. It will provide world-class care to both low and high-income patient groups across the continent. The Bank recently formalised its long-term collaboration with King’s College Hospital, London (KCH) on the project when it signed an agreement appointing KCH the Clinical Partner of the AMCE. Construction of the Abuja AMCE is scheduled to begin in the fourth quarter of 2021 and commissioning is scheduled for the first quarter of…

Read More

Biometrics and Health Information Pioneer LifeQ secures US$47m investment funding

SOUTH AFRICA – LifeQ, a provider of biometrics and health insights, has raised US$47 million in a Series A funding round led by One Bio Venture Studio, a Cape Town-based VC. With the funds received, LifeQ will enable hospitals and physicians to develop remote monitoring as well as the consumer-device monitoring. The biotech’s startup’s first remote patient monitoring solution will be channeled at both hospitals and general applications near the end of this year. The services offered will enable hospitals track vitals such as heart rate and breathing rate in…

Read More

E-pharmacy MYDAWA partners Airtel for easier access to medical services

KENYA – Airtel Kenya, a communication company, has zero-rated MYDAWA, the e-pharmacy in Kenya in a move that will see Airtel customers be able to access MYDAWA and mobile app free of data costs and pay. They will purchase via Airtel Money when placing orders for medicine, health, wellness, personal care and other essential items. Customers using MYDAWA can also have their purchased medicines and products delivered to them in Nairobi and its environs at no extra cost. Access to essential medication from home is critical especially for those at…

Read More

Africa Healthcare Network secures US$5m loan from DFC

EAST AFRICA – US International Development Finance Corporation (DFC) has announced the first disbursement of a US$5 million direct loan to Africa Healthcare Network (AHN), the largest operator of dialysis centers in East Africa. The project is part of DFC’s comprehensive COVID-19 Response through which the agency is mitigating the economic and health impacts of the COVID-19 pandemic, and DFC’s Global Health and Prosperity Initiative, under which the agency is working to strengthen global health systems. “DFC continues to support global health and sustainable economic growth in developing countries during…

Read More