Market News

The County Government of Nakuru has partnered with a software developer based in the United Kingdom to automate medical records and revenue collection at all public health facilities in the county. Dr. Daniel Wainaina, Acting Chief Officer for Public Health Services, said the Elephant Healthcar . . .

The World Bank Group's International Finance Corporation (IFC) has announced collaborations with health technology company Philips and the Co-operative Bank of Kenya to assist small businesses in the health sector in purchasing critical medical equipment and strengthening their response to Covid-19 . . .

M3, Inc., a medical Web portal headquartered in Tokyo, has announced that its multi-stage corporate venture fund 1P1Y will invest in Africa Health Holdings Ltd, which runs medical facilities in Ghana, Nigeria, and Kenya. M3 will use this investment to improve the effectiveness and complexity of . . .

The European Investment Bank (EIB) has launched the first ever scheme aimed at strengthening the local production of active pharmaceutical ingredients in Africa and increasing the production of pharmaceuticals that are essential for improving public health. The EIB's recent US$60.9 million phar . . .

Turaco, a micro-insurtech start-up based in Kenya, has raised $2 million from Novastar Ventures, Mercy Corps Ventures, Musha Ventures, GAN Ventures, Zephyr Acron, and other angel investors in serial seed equity investment. The investment will be used to expand Turaco further and to increase its . . .