With the funding of a Series A round of $18 million, Africa Health Holdings, a healthcare startup that operates numerous facilities in Ghana, Kenya, and Nigeria, will be able to expand its “tech-forward healthcare system” throughout the three countries.
A number of investors, including TRB Advisors, Breyer Capital, M3, Inc., Valiant Capital, Kepple Ventures, and SUNU Capital, participated in the investment round, which was led by Asia Pacific Land and Natural World Limited.
Nigeria and Kenya are among the nations where Africa Health Holdings plans to extend its telemedicine operation with the help of the venture capital. The company is situated in Ghana, West Africa. In accordance with its strategy to expand its clientele beyond in-person visits and to enable electronic follow-ups through its mobile app as more people across the continent become connected.
Through the MyCareMobile app, consumers may receive a wide range of services, including consultations with their doctors, through teleconferencing. Along with offering 24/7 emergency response, this also includes providing access to test results and providing access to test results at any time.
In order to grow, Africa Health Holdings plans to roll out its telemedicine technology in a number of other countries.” According to Sangu Delle, the company’s chairman and chief executive officer, the telemedicine service is currently only available in Ghana; however, it will soon expand to Kenya and Nigeria.
The World Economic Forum has named Delle a Young Global Leader. He is a graduate of Harvard and Oxford Universities. Aside from that, he was the former CEO of Golden Palm Investments, an investment holding firm with a focus on early-stage investments in Africa.
As a way to address Africa’s unfair share of the global disease burden, he created Africa Health Holdings in 2012. Its efforts to use telemedicine have been hastened as a result of increased demand for virtual consultations, which has grown as a result of the COVID pandemic as individuals seek other means of receiving the attention of health specialists.
On an annual basis, Africa Health Holdings provides care to around 200,000 patients, many of whom receive referrals and treatment through the company’s telemedicine platform.
An ambitious plan is now in place for the startup, which aims to expand its presence in its current three countries while also exploring prospects in East, North, and Southern Africa. This is in keeping with the company’s goal of being the largest healthcare provider in the continent of Africa.
For persons from lower socioeconomic groups, Africa Health Holdings has begun investing in micro-tech enabled clinics with virtual physicians’ offices full of diagnostic technology and nursing support. The clinics allow people to remotely visit with doctors and nurses, and obtain treatment and/or recommendations for additional care at a discounted cost.
There are three brands under the Africa Health Holdings umbrella that operate 40 facilities in three separate countries: the Meridian Health Group (in Kenya), Rabito Clinic (in Ghana), and Care Point Hospitals (in Nigeria). Africa Health Holdings is a holding company with three brands that operate 40 facilities in three different countries.
MHG has 16 hospitals in Kenya, including a drug and alcohol rehab clinic. There are 21 dermatology and general medicine facilities operated by Rabito Clinic Limited in Ghana, and two hospitals and a clinic operated by Care Point Hospitals Limited in Nigeria. All three nations where Africa Health Holding operates pharmacies and laboratories are covered.
