African healthtech startups are thriving despite a downturn in overall tech investments, securing $550 million in funding over the past three years. This growth is driven by innovations in online pharmacies, telemedicine, and AI-driven diagnostics, with women-led startups accounting for 31% of funding last year.
Several key investors are fueling this transformation, including Villgro Africa, Jaza Rift Ventures, IFHA, and LeapFrog Investments. These investors provide funding at various stages, from seed to growth, supporting scalable healthtech solutions and healthcare infrastructure across the continent. Organizations like the Bill & Melinda Gates Foundation, Sanofi, and MSD are also playing a role through grants and regulatory support.
This funding is helping to shape Africa’s $11 billion e-health market by improving healthcare access and delivery.
Read the full news here: Tech in Africa