, totaling over $2.2 million combined. “These grants have enabled the provision of over 4.5 million remote consultations across Rwanda and served as a reference case for the use of digital technologies in support of publicly provided primary healthcare services,” Neighorn wrote in an email. She declined to comment on whether Babylon had informed the Gates Foundation of its plan to “wind down” operations or if the Gates Foundation planned to provide any additional funding to Babyl.
There is no breakout for Babyl Rwanda’s operations in Babylon’s annual report. At the end of December 2022, the companya net loss of $221.4 million on global revenue of $1.1 billion. Babylon had $104.5 million in cash but a net liability of $255.9 million, and management had doubts about the company’s ability to keep operating as a “going concern” over the next 12 months.
That said, the annual report also reaffirmed the company's commitment to Rwanda. “While its revenue contribution is relatively small, we see Rwanda as a core part of our mission to deliver affordable and accessible healthcare to all, and in due course we expect to seek to expand our delivery further in Africa.