Health track: mobile and telehealth, counterfeit meds and a revolution in African femtech.
Health-focussed sessions at the Summit highlighted some related themes, focussing on the need to reach people where they live and work, and extend beyond urban areas to more fragmented and remote markets where healthcare support is urgently needed, but seldom available. Speakers highlighted issues relating to access and reach where companies such as Zuri Health, TIBU Health and Tremendoc offer telehealth, mobile and home healthcare solutions, whilst CarePoint’s CEO Sangu Delle shared solutions for democratising access to healthcare via telemedicine and micro-clinics which do not rely on mobile connectivity and data to reach patients.
“Sub-Saharan Africa bears the highest disease burden in the world, with slow and limited access to medical healthcare, expensive and inconvenient hospital trips for small or minor prescriptions, and unequal distribution of healthcare services. Most of the healthcare service providers are highly concentrated in urban cities, leaving out the people who live in the rural areas”
Daisy Isiaho, Co-Founder, Zuri Health
Whilst speakers were optimistic about the possibilities in such a vast region, it was clear that the growing population and complexities of scaling across African countries will require continued innovation, partnerships and above all increased funding to scale effectively.
During the day, HolonIQ’s VP, Health, Vernon Baxter, announced the Africa Health Tech 50 - the annual list of the most promising startups from across digital health, biotech, medtech and other areas where entrepreneurs are driving healthcare innovation.
“As of 2021 close to 70% of all funding in Africa went to Fin Techs, about 8% went to Health Techs, so the level of funding that Health Tech is receiving - even though it’s grown astronomically in 2020 - it’s still representing less than 10% of the entire funding that’s coming into Africa”
Abisola Oladapo, CEO/Co-Founder, Agnes Health
Global impact: connecting across systems
The sessions in the Africa summit demonstrated the truly connected nature of the impact economy across Africa and a need to more deeply understand the ecosystems each industry operates within, including education, government, public/private partnerships and broader social contexts. Against this backdrop, HolonIQ’s Co-CEO Patrick Brothers also announced the Africa Climate Tech 50, HolonIQ’s annual list of the most promising Climate Tech startups.
“A lot of times in western media we paint this picture of Africa of poverty, broken classrooms; that’s not the reality - there are some aspects of it but those are present in other contexts as well. At the same time there is an abundance of resources, including human capital, so really try and focus on those bright spots, on those shining lights, and support those. I don’t think they’ve been given enough credit, and it’s on us to really recognise it and start trusting and shifting more power there.”
Shikha Goyal, Venture Partner, Imaginable Futures
Follow 100 Days of Impact
The Africa Summit marked Days 14 and 15 of 100 Days of Impact and a global wave of ideas and inspiration for the future of impact. As each week unfolds, we’re sharing key themes and content from each summit, including speaker highlights, insights from leading organizations and the winners of our regional EdTech, HealthTech and ClimateTech 1000s.
Stay tuned here for a weekly wrap as we move from New York and Mexico City to Bengaluru, Singapore and Jakarta, with exclusive insights from our participation at COP27 before our final summits in London, Paris, Berlin, and Stockholm. Be part of the action by registering for any of the face to face or virtual summits around the world, and see for yourself how 100 Days of Impact unfolds with our 5,000-strong global community.
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