Friday, July 1 2022

Africa Health Holdings, a multi-hospital health care start-up, has secured $ 18 million in a Series A round, funds that will be used to build its “cutting edge health system” in Ghana, Kenya and the United States. Nigeria.

The funding round, led by Asia Pacific Land and Natural World Limited, saw the participation of a number of investors, including TRB Advisors, Breyer Capital, M3, Inc., Valiant Capital, Kepple Ventures and SUNU Capital.

Africa Health Holdings, based in West Africa, will use the new capital to expand its telemedicine service beyond Ghana, to countries like Nigeria and Kenya. This is in line with its plan to grow its portfolio beyond in-person visits and enable electronic follow-ups through its mobile app, as more people across the continent go online.

The startup’s MyCareMobile app would provide patients with access to a wide range of services via teleconferencing, including consultations with their doctor. This is in addition to access to test results and 24 hour emergency response.

“Africa Health Holdings will grow by bringing its telemedicine technology to several countries. Currently, the telemedicine service is only available in Ghana, but soon it will expand to Kenya and Nigeria, ”said company president and CEO Sangu Delle.

Delle is a young world leader from the World Economic Forum and a Harvard and Oxford graduate. He is also the former CEO of Golden Palm Investments, an investment holding company interested in start-up opportunities in Africa.

He founded Africa Health Holdings to “tackle Africa’s disproportionate share of the global disease burden”.

The TED scholar said increased demand for virtual consultations, which has increased due to the COVID pandemic as people seek other ways to get the attention of medical professionals, has accelerated his plans to adoption of telemedicine. Africa Health Holdings cares for around 200,000 patients per year, who use the telemedicine platform for referrals and treatment.

The company now has an ambitious plan to increase its presence in its three current markets and explore opportunities in East, North and Southern Africa. This is in line with its plan to become the largest healthcare provider in Africa.

“Always thinking about what will come next and how to deliver quality health care to more people, Africa Health Holdings has started investing in clinics equipped with microtechnologies with doctors’ offices. virtual machines with diagnostic technologies and nursing support, especially for people. lower socioeconomic classes, ”said Delle.

“Individuals can walk into clinics equipped with microtechnology, meet doctors virtually, see nurses and receive treatment and / or referrals for additional care at a reduced cost,” he said.

Africa Health Holdings has three brands in three different countries: Meridian Health Group in Kenya, Rabito Clinic in Ghana and Care Point Hospitals in Nigeria, all of which operate 40 facilities.

The Meridian Health Group has 16 hospitals in Kenya, including a drug and alcohol recovery center. Rabito Clinic Limited in Ghana has 21 dermatology and general medicine establishments, while Care Point Hospitals Limited has two hospitals and one clinic in Nigeria. Africa Health Holdings also operates pharmacies and laboratories in all three countries.

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