Africa’s COVID-19 Moment: How Youth Startups Are Addressing the Pandemic – And What They Need to Reach the Next Level
Sub-Saharan Africa is home to a young and increasingly entrepreneurial population. As Ahunna Eziakonwa at UNDP and Eleni Gabre-Madhin at blueMoon explain, many youth-led African startups are repurposing their businesses or launching new operations to address COVID-19. They profile some of these young innovators, and lay out four ways the global development community can support them.
While equities, credit and interest rates race toward a recession, long-term investors have a compelling entry point into the businesses reshaping the global economy.
- Sub-Saharan Africa
The Challenges of Going Local: A Medical Device Innovator Faces the Reality of Manufacturing in Rural Africa
Like many enterprises working in emerging markets, Noor Medical wanted to manufacture its product locally. As COO Andrew Bonneau explains, a local approach promised many advantages, from lower costs to a better understanding of its customers. But the company soon learned that manufacturing in developing countries like Uganda is often easier said than done. Bonneau discusses the obstacles the company has faced, and how they've overcome them.
Bringing the Tech Revolution to Health Care: New Report Provides First-Ever Snapshot of Global Digital Health Ecosystems
As the role of technology in health ecosystems grows, the global health sector needs a data-driven approach to measure and improve the status of digital health structures. That's the goal of the Global Digital Health Index (GDHI), an interactive digital resource that tracks, monitors and evaluates how health care providers use digital technology. Joanne Ke Edelman at the Global Development Incubator explores how data collected from 22 countries for GDHI’s inaugural “State of Digital Health” report provides the first-ever snapshot of digital health ecosystems throughout the world.
“Harnessing the power of digital technologies is essential for achieving universal health coverage,” says WHO Director-General Dr Tedros Adhanom Ghebreyesus. “Ultimately, digital technologies are not ends in themselves; they are vital tools to promote health, keep the world safe, and serve the vulnerable.”
LeapFrog Investments, an emerging markets-focused private equity firm, has acquired a majority stake in the Indian health products company Ascent Meditech Ltd.
- Health Care
- South Asia
Press release: Gray Matters Capital to Commit More Funds to Enterprises in Africa Benefiting Women and Girls; Backs Ghana’s Redbird Health Tech under its coLABS Portfolio
Gray Matters Capital (GMC), an Atlanta-based impact investor with a gender lens whose mission is to provide “an education leading to a more purposeful life for 100 million women globally by 2036”, has today announced its investment in Ghana’s Redbird Health Tech through its GMC coLABS portfolio.
- Press release
Inspiration, Ideation and Implementation: How Design Thinking Can Build Robust and Sustainable mHealth Ventures
Design thinking can help mHealth ventures develop their value propositions and potential impacts, meet customer needs, and shape business models that stand the test of time. In the final post in his series on making mHealth businesses sustainable, Khanjan Mehta provides a structured framework that helps these enterprises determine their viability, particularly in the early conceptualization phase.