Browsing Category
Health
U.S. Healthcare Sector Shows Signs of Revival Amidst Cheap Valuations and Investor…
The U.S. healthcare sector is experiencing a resurgence, marked by a 6% climb in the S&P 500 healthcare sector…
Michigan Healthcare Provider McLaren Confirms Cyberattack Compromised Data of 2.2…
McLaren Health Care, a Michigan-based healthcare provider, has confirmed a cyberattack that compromised the…
AAIC Investment Raises $40 Million for Africa Innovation & Healthcare Fund II
AAIC Investment has announced the successful second close of the Africa Innovation & Healthcare Fund (AHF) II,…
$1.5 Billion COVID-19 Delivery Scheme Halted, Leaving Thousands of Health Workers…
Over 22,000 health workers, including Nigerians, have been left stranded after a $1.5 billion COVID-19 delivery…
Genomics Startup 54Gene Initiates Closure After Securing $45 Million Funding
54Gene, a genomics startup co-founded by Abasi Ene-Obong, has begun the process of winding down its operations…
Revolutionary Fundraising Blitz: RH Managers Spearheads R2-billion South African…
Johannesburg-based private equity and infrastructure powerhouse, RH Managers (RHM), is igniting a fervent…
Remedial Health Raises $12 Million to Digitize Pharmacy Operations in Nigeria
Nigerian startup Remedial Health has secured $12 million in a Series A equity-debt funding round, co-led by…
M4A (Pty) Ltd, a Leading OEM, Secures Private Equity Partnership for Expansion
M4A (Pty) Ltd, an Original Equipment Manufacturer (OEM) specializing in various products, including passive…
Investors supporting Helium Health’s Series B include AXA IM Alts.
Helium Health, an African startup that offers healthcare providers and public health organizations…
Transform Health Fund holds its first closure under AfricInvest management.
The pan-African Transform Health Fund (THF), which is run by AfricInvest, has closed its first $50 million round…
Accra Medical Center and IFC collaborate to increase access to affordable…
IFC announced a partnership with Accra Medical Centre Ltd. (AMC) to assist the health service provider expand its…
Al Ahly Capital is Leading the Expansion of an Egyptian Outpatient Clinic Network.
Dawi Clinics, Egypt's largest outpatient clinic network, has signed a funding agreement worth EGP 250 million with…
Neimeth plans to expand its base.
The two significant capital initiatives Neimeth International Pharmaceuticals Plc has started are intended to…
Khulisani Ventures of MIC invests in Quro Medical.
MIC has invested R25 million in the firm, which is revolutionizing the way healthcare is delivered in South…
XRP and Bunratty Plan Roll Up Strategy for Africa’s Healthcare Market.
By pursuing mergers and acquisitions of small and medium-sized private healthcare enterprises that are in line…
TPG-backed Healthcare Group Secures Financing from IFC.
On April 25, 2023, in Nairobi, Kenya—IFC announced an investment in Kenyan healthcare provider Avenue Group…
Annual Malaria Cases in Nigeria Total 55 million, According to FG.
According to the Federal Government, there are an estimated 90,000 malaria-related fatalities and 55 million…
Reps Seek Compulsory 5 Year service to Nigeria by Doctors before Going Abroad.
The House of Representatives has approved a bill in second reading that would limit the number of medical and…
Vaccines: NAFDAC And Pharmaceutical Companies Have Partnered To Achieve WHO…
As part of efforts to achieve World Health Organization (WHO) Maturity Level 4 status and establish Nigeria in the…
Nigeria Misses 70% Vaccination COVID-19 Goal.
Despite efforts on the part of the federal government to fully immunize 55.3 percent of the country's eligible…
Transform Health Fund wins $50 million in commitments
The Health Finance Coalition (HFC), powered by Malaria No More, and AfricInvest pledged commitments of $50 million…
Nigerian Senators Urges CBN to Annul The COVID-19 N188 billion loan.
Nigerians were provided credit during the COVID-19 pandemic to ease the challenges brought on by loss of income…
A New PrEP Ring Cuts HIV Infection By 50%.
The Pre-Exposure Prophylaxis (PrEP) ring, also known as the dapivirine ring, can reduce HIV infection in women by…
China’s Capital has Seen a Gradual Increase in COVID-19 Surge.
The number of fatalities from the most recent COVID-19 outbreak in Beijing, China, has gradually increased as…
World Bank Approves $18 Million for Nigeria and Others to Support Effective…
In order to enhance efficient disease surveillance in West Africa, the World Bank Group has granted a total of $18…
Nigeria Rescinds the COVID-19 Examinations for International Travellers.
The COVID-19 testing requirement for international travellers was lifted by Nigeria on Monday, 12th December 2022…
Britain prepares for Strike Action as Nurses Walk Out.
The largest wave of industrial action to hit the nation in decades will hit Britain as nurses strike, putting…
South Africa’s Aspen gets $30 mln Grant from Bill Gates Foundation to make…
Aspen Pharmacare (APNJ.J) has wrapped up pacts to secure funding of $30 million from the Gates Foundation and the…
Nigeria Loses More Than 500 Medical Consultants in Two Years to Developed Nations.
According to the Medical and Dental Consultants' Association of Nigeria (MDCAN), between 2020 and 2022, at least…
Health Sector Issues will be Discussed at a Pharmaceutical Summit.
According to the Impact Africa Summit, pharmaceutical R&D and clinical trials will be discussed in Africa.
…