The 2-year program launched by Southbridge A&I and its partners aims to uncover homegrown innovations that have the potential to change the way healthcare supply chains and systems work.
On Monday, Sept. 26, Investing in Innovation Africa unveiled the list of 30 African startups selected for the first cohort of the Investing in Innovation (i3) program.
The selected startups include seven Nigerians, five Kenyans, three South Africans, three Moroccans, two Zimbabweans, two Ugandans, one Cameroonian, one Angolan, one Congolese, one Ivorian, one Ghanaian, one Rwandan, one Senegalese, and one Tunisian.
All of them are in the start-up or growth phase and offer innovative solutions for the distribution of medicines and medical equipment, stock management and financing, authentication, traceability, and medical waste management. They will each receive a US$50,000 grant and support to catalyze growth-oriented partnerships with donors, industry leaders, and institutions. Their market access will also be improved with the various events they will attend throughout the year.
According to Efosa Ojomo, member of the i3 Steering Committee, “i3’s focus on African ingenuity is long overdue – supporting locally-led, market-creating innovations to scale will equip the continent to achieve health gains, generate prosperity and weather future crises.”
Samira Njoya