Investments & Funding
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Zimbabwean entities get SADC funding to produce protective equipment
ZIMBABWE – Two local institutions in Zimbabwe have received funding from the Southern African Development Community (SADC) to manufacture COVID-19 protective equipment for the benefit…
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A boost for the NHS as the UK government announces a US$50.3m investment on AI research
UK – The UK government has announced a hefty £36bn funding boost for artificial intelligence (AI) research technologies in a bid to help the National…
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1MG now valued at US$450m after Tata group buys 51% of its stake
INDIA – IMG, an e-pharmacy retailer incorporated in 2015 that also offers teleconsultation services and operates three diagnostics labs is now worth US$450million after Tata…
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WHO donates provisions in pledge to support epidemiologic preparedness in Liberia
LIBERIA – The World Health Organization (WHO) has delivered a huge consignment of Infection Prevention Control (IPC) supplies and laboratory diagnostic kits to Liberia to…
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Islamic Development Bank fruitfully cements alliance to fight avoidable blindness in Djibouti
DJIBOUTI – The Islamic Development Bank (IsDB), the Alliance to Fight Avoidable Blindness (AFAB), and the Islamic Solidarity Fund for Development (ISFD) have successfully executed…
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Canada announces US$8m support for hospitals in Ghana’s Ashanti region
GHANA – The Canadian government in partnership with UNICEF has offered US$ 8 million to improve quality health, nutrition, sanitation, and hygiene services in four…
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African countries win the race against time with testing laboratories thanks to the African Development Bank
IVORY COAST – Daily testing capacity of African countries has risen from 13,200 at the beginning of the epidemic to 105,000 tests at the moment.…
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Andaman7 and Afrisda sign partnership agreement to support digital health implementation in Africa
AFRICA – With Africa emerging as the new breeding ground for innovative digital health solutions, Belgian American e-health company Andaman7 and African Sustainable Development Advisors…
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GAVI receives US $28.9 million from KFW Development Bank to boost routine vaccinations for children in EAC
EAST AFRICA – KfW has given US $28.9 million on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) to support GAVI,…
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PharmEasy achieves US$1.8B valuation after B Capital’s investment
INDIA- PharmEasy, an e-commerce drug supply store is now valued at US$ 1.8B after B capital bought stakes worth US$ 20M of the company. Prior…