Search Result for '54gene'

Nigeria-based genomics startup, 54gene, once touted as a promising venture to improve global pharmaceutical research through valuable genome information on Africans, happened to be one of the six local firms that closed ...

Industry observers warn that this setback may cause global investors to hesitate when considering funding similar ventures in the future

Syndicate Bio, a genomics startup, has been launched by Abasi Ene-Obong, a former co-founder and CEO of the African genomics startup 54gene. According to Abasi Ene-Obong's LinkedIn profile, Syndicate Bio was co-launched ...

Company to Pursue New Strategic Partnerships and Raise Additional Capital

Ene-Obong will retain his position as board member as he takes up a new role of senior advisor, continuously supporting the company in growth plans such as strategic partnerships, fundraising and others

54gene plans to provide statutory support to affected employees, additional severance pay and health insurance coverage for a total of three months

As less than 3% of genomic data at present comes from African populations, SEN-GENOME has the potential to contribute to new discoveries, for the benefit of the Senegalese, Pan-African and global populations.

Research paper published as healthtech company gains fresh insight into Africa’s diverse genomic data

Investors are buying proof, not dreams and visions. And if your startup can’t show that it earns more than it spends, you’re not in the game. You’re in a countdown

More often than not, small businesses succeed or fail, not because of lack of topnotch expertise in the making of the product nor the service was not satisfactory rendered, but largely for ...

…Global and Nigerian Tech Focus

The African Continental Free Trade Agreement, which came into effect in 2021 created the African Continental Free Trade Area (AfCFTA), potentially the largest single market on the planet. One of the major ...

Across Fintech- digital banking, digital payments, personal finance, lending, insurance, investment, and embedded finance, writes ADESHINA ADEWUMI. Introduction Sub Saharan Africa has witness significant growth in 2023 despite the decline in funding ...

The new fund, called Microtraction Community Limited, will write first checks of $100,000 for 7% into early-stage African companies across different sectors and regions in Africa with an option for a quick ...

Cathay AfricInvest Innovation Fund is a joint Pan-African Venture Capital Fund between AfricInvest and Cathay Innovation, investing in Africa’s most promising early to growth-stage startups