DPI, CDC Group and EBRD have collaborated to build a pan-African biopharmaceutical platform

Development Partners International (DPI) through its ADP III fund, CDC Group, and the European Bank for Reconstruction and Development (EBRD) have joined forces to create a new pan-African biopharmaceutical platform. The three founding investors have committed an initial $250 million of capital that has been used to fund the acquisition and combination of Adwia Pharmaceuticals; …

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Innovations by our portfolio companies during COVID-19

Despite potential returns, a study by the World Bank Group reported that African countries invest far less in innovation (approximately 0.01% per capita) than advanced countries.  The report showed that the majority of African countries lack, to varying degrees, strong institutions, skilled human capital, appropriate infrastructure, technology and creative outputs, as well as market and …

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Sygen Pharmaceutical: Low-cost generic drug manufacturing

The IFC reports that people in Sub-Saharan Africa have the worst health, on average, in the world, and this is primarily because the African economy is small and the African government are not able to spend as much money in healthcare as much as governments in Europe or America. For context, the US government spends …

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Helium Health has been nominated for The Future Awards Africa Prize for Disruption (STEM) 

We are pleased to announce that the Co-Founders of Helium Health; Adegoke Olubusi, Tito Ovia and Dimeji Sofowora have been nominated for The Future Awards Africa Prize for Disruption (STEM), for their ideas to democratize the process of accessing healthcare by digitizing health records across the continent. The Future Awards Africa are a set of …

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MDaaS In The Press

MDaaS Global is building and operating tech-enabled diagnostic centers in clinically-underserved communities across Africa.  The company has served over 25,000 patients and have partnered with over 260  healthcare facilities. MDaaS global has been featured in several press articles; from Quartz, Businessday, Pulse and many more. Here’s a compilation of our favourite articles: MDaaS is fixing …

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