August 9

Report: Nigerian Health-Techs Lead $160 Million Funding Surge in West Africa

By Temitayo Ayetoto-Oladehinde

More Nigerian health technology companies have secured a significant chunk of the $160 million surge in external funding raised by innovators in West Africa, the first pan-African landscape market intelligence report by Salient Advisory has revealed.

The healthcare consulting firm found that 69 percent of 122 innovators headquartered in the region are Nigerian and African governments collaborating more to strengthen local health supply chains.

Photo courtesy of Army Medicine

Source: BusinessDayNG (link opens in a new window)

Health Care, Technology
healthcare technology, innovation