healthcare in Africa Archives - AfricaBusiness.com

17Mar

By Africa BusinessNo Comments

Main, Medicine

Navigating healthcare uncertainty across Africa

While Africa continues to face challenges around healthcare accessibility and cost, there are glimmers of hope on the digital horizon, explains Rodney Taylor, MD at Guardian Eye Sub-Saharan Africa is expected to become home to one in three people by the end of the century with a rapidly growing population and some impressive economic growth statistics. Currently, the region’s population is over one billion with more people living on a wage less than $2 per day than anywhere else in the world. With higher mortality rates for women and children, lack of access to infrastructure and medication, and the high cost of medication, Africa needs smart interventions to overcome the barriers to healthcare access and adoption. Technology has immense potential to help countries across the continent...

Ilara Health Secures $4.2M Pre-Series A to Digitise Fragmented Primary Healthcare in Africa

12Feb

By Africa BusinessNo Comments

Business, Medicine, Startups

Ilara Health Secures $4.2M Pre-Series A to Digitise Fragmented Primary Healthcare in Africa

Kenya-based start-up to scale investment in thousands of Primary care clinics through new technology and enhanced business model Ilara Health, the healthtech company digitising and consolidating highly fragmented primary care in Kenya, has today announced the close of a $4.2M pre-series A round of equity and debt. Led by DOB Equity, the round also sees follow-on equity investment from AAIC INVESTMENT, Angaza Capital, Black Pearl Investments, Perivoli Innovations, as well as debt investment from Alphamundi and Kiva Capital. New to the round are Philips Foundation and Boehringer Ingelheim. The new partners are strategic healthcare investors that bring their deep experience working with and investing in companies in the global healthcare industry. Ilara Health will use the latest capital ...

18Jun

By Baker McKenzieNo Comments

Main, South Africa News

No IPOs in Africa in the first half of 2021, but global IPO Activity on Pace to Hit Historic Highs in 2021

There were no cross-border Initial Public Offerings (IPOs) on African exchanges in the first half of 2021 (H1 2021) according to new Baker McKenzie analysis, H1 IPO Snapshot: Unfolding Trends for 2021. However, the continued global demand for special purpose acquisition company (SPAC) IPOs reached African shores in the first half of 2021 - with a cross-border listing from a South African SPAC issuer - African Gold Acquisition Corporation - into the New York Stock Exchange. Globally, however, Baker McKenzie’s analysis shows that the continued global demand for SPAC deals, as well as current high liquidity and investor enthusiasm, caused capital raising to surge to new highs in the first half of 2021, with the bulk of companies preferring to list their IPOs locally. Globally, a total of 1,26...

25May

By Africa BusinessNo Comments

Medicine, South Africa News

Govt urged to embrace the power of tech in delivery of primary healthcare for all

Research released this week show the real potential that technology has in the effective delivery of primary healthcare services across South Africa. The research, says trans-disciplinary health consultancy Percept, should be used as a road map to better healthcare services for all in the country. “We looked at practical examples from across Africa and researched how other countries used technology in their specific environments. Our work shows that a lot can be achieved despite existing problems such as poor technological literacy, poor uptake of smartphone capabilities, or poor power supply,” says Shivani Ranchod, CEO of Percept. “We will be sharing our findings with key stakeholders in the health sector and hope that it will be valuable for their work to improve healthcare service deli...

26Mar

By Africa BusinessNo Comments

Medicine, South Africa News

SA Must Adopt a Human-Centred Approached to Healthcare Delivery

But Can Telemedicine Close the Gap? It’s no secret that the Covid-19 pandemic has exposed the existing inequality in South Africa, and in the case of access to healthcare, it exacerbated it. This is according to Paul Cox, Managing Director of the Essential Group of Companies (which includes health insurance provider EssentialMED). The latest figures from the South African Medical Research Council (SAMRC) estimate that the number of excess deaths in South Africa between May 2020 and March 2021 is 146,626,[1]- a far cry from the most recent official Covid death toll of 52,196[2]. By comparing the time trends in excess deaths, SAMRC says that between 85-95% of the unaccounted deaths were likely to be directly related to Covid and that the remaining 5-15% were probably collateral causes due t...

27Jan

By Africa BusinessNo Comments

Medicine, South Africa News

There is a third way to minimise COVID exposure –Let’s start using it

by FAR UVC AFRICA There is nothing normal about what some people are calling the “new normal“. Humans are gregarious. For millions of years, we have eaten together, celebrated together, and played together. It’s time to get back to that “old normal“. And there are certainly safe ways to go back there. The main way SARS-Co-2 spreads, in fact the way most coronaviruses spread, is through the air. An infected person coughs or sneezes and aerosolised droplets are inhaled by an otherwise healthy person. There are two primary methods for minimising exposure to the virus recommended by the various Centres for Disease Control: wearing a mask or face covering over your mouth and nose, and social distancing. In addition to these two widely publicised methods is a third, fairly new, yet rarely mentio...