launched a pan-African initiative to support 60 companies’ impact, access to markets and commercialisation, with $7 million grants over a period of two years.
Healthcare consulting firm, Salient Advisory launched its latest market intelligence report highlighting promising African healthtech start-ups in supply chain. Salient’s report, titled ‘Innovations in Digitising Distribution of Health Products’, highlights more than 80 healthtech innovators in Kenya, Uganda, Ghana, and Nigeria.
It revealed that Tech-enabled approaches to digitising medicine distribution to underserved pharmacies, drug shops, clinics and hospitals, recorded rapid growth in the past year, mirroring trends seen in B2B e-commerce on the African continent.“Innovators are also demonstrating an increasing interest in powering rural supply chains, improving availability of medicines, and bolstering resilience of supply chain operations.
“Also, investor interest has also been strong; 36 per cent of all-time funding reported by health care supply chain innovators profiled was raised in the last 12 months.