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Home Business StartUPs

Kenyan Healthtech Access Afya Secures Investment from Philips and UBS Foundations

by Joel Nwankwo
October 14, 2023
in StartUPs
1
Access Afya
UBA
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The Philips Foundation and the UBS Optimus Foundation have made sizable investments in Access Afya, a healthcare operating system for developing nations. The precise investment sum was undisclosed.

The contribution is intended to assist Access Afya in broadening its influence and reach so that more people can access critical healthcare services. It also supports Access Afya’s community-focused, technologically advanced business model, which is considered a workable solution to healthcare inequities.

The collaboration between the Philips Foundation and the UBS Optimus Foundation demonstrates the value of locally focused, community-based approaches to solving healthcare issues. The funding is part of a larger initiative by the Philips Foundation to recognize and promote social entrepreneurs who are improving access to healthcare.

The foundation seeks to spotlight the unique approaches of these entrepreneurs, inspire others to join the mission and overcome global healthcare disparities with innovative solutions.

Melissa Menke established Access Afya in 2012. The organization, which has its headquarters in Nairobi, Kenya, primarily meets the healthcare requirements of the local populations in Nairobi County. Its Swahili moniker, “Access Afya,” which means “access health” in English, reflects its goal of offering affordable healthcare.

The organization’s main goal is to provide underserved populations with access to high-quality, affordable healthcare.

The approach from Access Afya is flexible and offers a guide for creating healthcare options that are customized to certain regional circumstances. This strategy demonstrates the organization’s dedication to finding regional, community-based solutions to the problems facing universal healthcare.

This is accomplished by Access Afya using a walk-in clinic and a digital health app together. Among the many services provided by the clinics are family planning, laboratory testing, immunizations, prenatal and postnatal care, regular check-ups, and emergency care. The mDaktari app offers affordable access to healthcare information, virtual doctor consultations, and health coaching.

The main goal of this investment is to assist Access Afya in achieving its goal of solving healthcare issues in developing nations. Access Afya has created a cutting-edge method for offering excellent health care at an affordable price that is tailored to the needs of low-income populations.

For underserved communities, Access Afya offers an innovative and comprehensive healthcare solution. They combine walk-in clinics, a digital health app, and a significant data analytics component to produce a holistic healthcare system. 

This unique approach was a key attraction for the investors, as it addresses a crucial need in emerging economies.

 

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Author

  • Joel Nwankwo
    Joel Nwankwo

    Joel Nwankwo is a tech journalist. He is passionate about telling stories as it relates to Africa's social and financial tech advancements. You can reach him at joel.nwankwo@techeconomy.ng

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Joel Nwankwo

Joel Nwankwo

Joel Nwankwo is a tech journalist. He is passionate about telling stories as it relates to Africa's social and financial tech advancements. You can reach him at joel.nwankwo@techeconomy.ng

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