Disinvestments, Investments & Funding

EGYPT – Egypt has inked a deal with Japan to increase the Japan International Cooperation Agency (JICA) grant to US$19 million. These funds are purposed…

SIERRA LEONE – Macro-Eyes, a machine learning company increasing access to care, has received US$2.1 million in funding to expand the deployment of STRIATA in…

AFRICA – The United States and international partners are investing US$80 billion in Africa’s private sector to help end the COVID-19 pandemic and spur sustainable…

UGANDA – Absa bank, a leading financial institution in Uganda and beyond, has donated 160 medical oxygen cylinders to the health ministry, rallying behind the…

NIGERIA – The Abdul Samad Rabiu Africa Initiative (ASR Africa) has donated multimillion state-of-art equipment and a fully equipped emergency ambulance to the Pediatric Unit…

UK – Macomics, a UK immuno-oncology company, has raised £4.24m in follow-on financing from its 2020 seed round as it aims to accelerate the development…

MOROCCO – Helios Investment Partners, leader in private equity in Africa with more than US$3.6 billion in assets under management, has reached an agreement to…

WORLD – Mubadala Investment Company (Mubadala) has made an approximately US$250 million investment in Certara as a strategy move that will enable innovation to address…

AFRICA – The World Bank has announced a new financing mechanism which will allow developing countries to purchase COVID-19 vaccines collectively through the COVAX facility.…

GHANA – Nilex Company Limited, a company that produces and supplies medical equipment, has donated 10,000 test kits and 10 analyzers to the Ghana Health…