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MDaas Global: Top 10 Africa’s Business Heroes Award

Congratulations to MDaas Global, one of our portfolio companies, for winning the 2nd prize in the 2020 top 10 Africa’s Business Heroes award. Africa’s Business Heroes competition is an initiative of the Jack Ma Foundation through its Africa Netpreneur Prize Initiative (ANPI). It aims to identify, spotlight and support African entrepreneur heroes creating impact in …

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Helium Health: The Future Awards Africa Prize for Disruption (STEM) 

The Co-Founders of Helium Health; Adegoke Olubusi, Tito Ovia and Dimeji Sofowora have been announced the winners of “The Future Awards Africa Prize for Disruption” (STEM). This is to recognise their ideas to democratize the process of accessing healthcare by digitizing health records across the continent. The Future Awards Africa are a set of awards …

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Koniku’s Tech Could Replace Sniffer Dogs In Finding Explosives

Koniku in collaboration with Airbus will begin another series of test to evaluate the performance of Konikore’s volatile and organic compound detection in December, at Changi Airport in Singapore and San Francisco International Airport. In 2017, Koniku collaborated with Airbus to co-develop a solution for aircraft and airport security operations. Following this, Airbus partnered with …

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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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