MSD – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Wed, 10 Dec 2025 22:15:38 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png MSD – Tech | Business | Economy https://techeconomy.ng 32 32 i3 Records 3 Groundbreaking Deals at 3rd Access to Markets Event https://techeconomy.ng/i3-records-3-groundbreaking-deals-at-3rd-access-to-markets-event/ https://techeconomy.ng/i3-records-3-groundbreaking-deals-at-3rd-access-to-markets-event/#respond Wed, 10 Dec 2025 22:15:38 +0000 https://techeconomy.ng/?p=172486 Investing in Innovation Africa (i3) held its 3rd flagship Access to Markets (A2M) event, a two-day gathering designed to connect Africa’s most promising healthtech companies with strategic partners who can accelerate their commercialization, scale, and impact through contracts, pilots, partnerships, and investments. 

On the opening day, i3 announced 3 new transformative deals between leading African healthtech startups and global manufacturers, collaborations that will advance cervical cancer prevention, pharmacy-based access, and malaria care.

MSD and MYDAWA unveiled a collaboration aimed at supporting MYDAWA in enhancing their concierge channel services to strengthen efforts related to cervical cancer elimination.

Through this initiative, MYDAWA will expand access to health-related services, such as at-home and in-clinic options, supported by online booking tools and educational counselling. MSD’s contribution focuses on business and technical expertise, which demonstrates how a collaboration between regional and global innovators can develop new healthcare solutions to people through novel, patient-centered models that help reduce barriers to accessing healthcare.

This initiative is centered on improving access to information and services. It does not involve the supply, promotion or distribution of any vaccines or medicinal products that are not registered.

“We’re excited to support MYDAWA in improving access to healthcare, powered by purpose and technology. Together, we’re meeting communities where they are, forging new paths for patient access and creating health markets. This is how we break down barriers across Africa, through collaborations that enable sustainable and scalable solutions,” said Dr. Priya Agrawal, Vice President, International Health Equity and Partnerships, MSD.

A Memorandum of Understanding between Nigeria’s National Malaria Elimination Programme (NMEP), the Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC) under the Federal Ministry of Health, and Sproxil to combat malaria by improving access to diagnostics and treatments.

i3 Records 3 Groundbreaking Deals
L-r: Dr Nnenna Ogbulafor (NMEP), Ashifi Gogo (Sproxil)

The partnership leverages Sproxil’s test-to-treat model and AI-powered malaria surveillance to provide real-time data from pharmacies and patent medicine vendors, enabling collaboration with pharmaceutical manufacturers and giving NMEP insights to track distribution, monitor disease patterns, and ensure accountability.

This initiative supports Nigeria’s targets of reducing malaria prevalence to below 10% and malaria-related deaths to under 50 per 1,000 live births.

Commenting on the partnership with PVAC and NMEP, Dr. Ashifi Gogo, CEO and Founder of Sproxil said:

“We are honored to partner with Nigeria’s National Malaria Elimination Programme (NMEP) and the Presidential Initiative For Unlocking the Healthcare Value Chain (PVAC) in deploying AI-enhanced surveillance infrastructure that transforms every consumer product verification into timely epidemiological intelligence. This partnership demonstrates that African-led solutions, when properly supported, can drive continental health transformation while ensuring affordable anti-malarials reach the children and families who need them most.”

  • Boehringer Ingelheim’s Social Engagement Fund celebrated recent investments in 3 companies driving the future of pharmacy across Africa: Dawa Mkononi (a member of the latest i3 cohort), Kasha, and Reach52.

“We are delighted to invest in three additional startups that deliver a strong impact to communities across Africa,” says Dr. Ilka Wicke, Head of Sustainability Social. “These partnerships reflect our belief that sustainable healthcare solutions are best built through collaboration – with local innovators who understand the needs on the ground and with global partners who can help scale their vision. Together, we’re making meaningful progress toward our goal of improving the lives of 50 million people by 2030. We’re thrilled to celebrate progress with our partners who share this vision across the i3 program.”

Since July, i3 has been working closely with leading innovators focused on the future of pharmacy care in Africa – ChefaaDawa MkononiMeditectmPharmaMYDAWASproxil and Zuri Health–  completing more than 110 bespoke introductions to customers and investors, generating 15 partnerships with a potential value exceeding $20 million.

At an unprecedented pace of more than one advancing partnership per week, i3 continues to deliver best-in-class growth advisory support to African healthtech innovators.

This year’s A2M brought together 15 leading African healthtech startups, whose innovations already power more than 66,000 healthcare providers across 12 African countries and are on track to reach over 167,000 providers by 2028, demonstrating a powerful channel for improving patient access and strengthening health systems.

i3 Records 3 Groundbreaking Deals
Future of Pharmacy cohort

A2M also convened 41 prominent investors, global and regional pharmaceutical manufacturers, donors, development finance institutions, and multilateral agencies, including Grand Challenges Canada, IFC, World Bank, Pfizer, Causal Foundry, Proqurable, Federal Ministry of Health, PVAC, and i3’s sponsors, who are all working to accelerate scalable innovations, create jobs, and expand healthcare impact across the continent.

“Leading healthtech startups are an increasingly powerful force across Africa, reshaping the continent’s healthcare landscape. Through Access to Markets, these innovators are linked with strategic, high-impact partners across industry, government, donors, and global health agencies, enabling them to better scale their solutions. This approach is rapidly delivering tangible results, as evidenced by the more than 100 meetings being held at this year’s event and the 3 deals announced today,” said Oladunni Lawal, Investing in Innovation Lead.

The event program also includes senior government participation, notably keynote speaker Dr. Abdu Mukhtar, National Coordinator of the Presidential Initiative for Unlocking the Healthcare Chain, and Dr. Leke Ojewale, Senior Technical Adviser to the Minister of Health for Nigeria.

Through initiatives like A2M, i3 is helping build a sustainable, digitally enabled future for African healthcare–one where locally led innovation, supported by global and regional partnerships, drives lasting impact at scale. i3 is supported by dedicated sponsors – the Gates Foundation, MSD, Cencora, Endless Health, HELP Logistics, Sanofi, and Boehringer Ingelheim.

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i3 Selects 7 African Startups to Receive Up to $225K at 3rd Cohort https://techeconomy.ng/i3-selects-7-african-startups-to-receive-up-to-225k-at-3rd-cohort/ https://techeconomy.ng/i3-selects-7-african-startups-to-receive-up-to-225k-at-3rd-cohort/#respond Wed, 30 Apr 2025 12:34:02 +0000 https://techeconomy.ng/?p=157788 Key Highlights
  • The pan-African Investing in Innovation (i3) program is funded by the Gates Foundation and sponsored by MSD, Cencora (formerly AmerisourceBergen), Endless Foundation, HELP Logistics (a subsidiary of the Kühne Foundation), Sanofi’s Global Health Unit and Chemonics to invest in the most promising growth-stage companies building the future of pharmacy care in Africa
  • The 3rd cohort comprises 7 growth-stage startups operating in 19 African countries. 
  • Selected startups will receive up to $225K in grants and access to market opportunities to foster growth-focused partnerships with industry leaders, governments, institutional stakeholders and donors.
  • The program aims to create local jobs and drive economic growth.

Investing in Innovation Africa (i3), a pan-African initiative to support African healthtech startups to commercialise and scale their offerings, has announced its 3rd cohort of 7 growth-stage companies working to transform pharmacy services on the continent.

Sponsored by the Gates Foundation, MSD, Cencora (formerly AmerisourceBergen), Endless Foundation, HELP Logistics (a subsidiary of the Kühne Foundation), Sanofi’s Global Health Unit and Chemonics, the three-year program will empower innovators to improve patient access to healthcare across Africa and scale their impact.

In many African countries, pharmacies serve on the frontline of healthcare delivery, providing as much as 70% of initial healthcare visits.

For this cohort, i3 has prioritised growth-stage startups with pharmacy-focused innovations, recognising their vital role in expanding sustainable healthcare access and bridging critical delivery gaps while creating jobs to spur economic growth and prosperity.

The selected startups offer powerful, tech-enabled solutions that strengthen pharmacy services across Africa, ranging from inventory management, product protection, last-mile delivery, AI-powered prescription refills, embedded financing, and cloud-based pharmacy systems.

These companies are reimagining how medicines and health services reach patients, making essential care more accessible, affordable, and safer.

The selected startups are:

Together, they demonstrate how data-driven innovation reinforces the resilience of Africa’s health systems while driving economic growth.

Operating in 19 countries across the continent, they show the power of locally grounded, scalable solutions to improve patient outcomes, create jobs, and enable more efficient, data-driven healthcare delivery at scale.

Each innovator will receive up to $225K in risk-tolerant funding, tailored customer introductions, bespoke deal facilitation, and professional communications and advocacy support.

i3 aims to facilitate ~150 strategic partnerships and influence deals valued at ~$30M between innovators and major healthcare purchasers.

In addition, the cohort will participate in i3’s flagship Access to Markets event in December 2025, designed to spark high-impact partnerships between innovators and large healthcare companies, governments, donors, and multilateral agencies.

Boniface Njenga, deputy director, Health Delivery and Systems, Africa at the Gates Foundation, commented:

As the global health landscape continues to rapidly shift, we remain committed to supporting innovative solutions and initiatives that strengthen local health systems across Africa. The  i3 program emphasises the transformative potential of technology-driven innovations on the continent when empowered with the right resources, and we have already seen impressive results from the cohorts.”

Dr. Priya Agrawal, vice president, International Health Equity and Partnerships, at MSD, noted:

“Now more than ever, investing in local healthcare businesses is essential for securing effective and sustainable medicine and vaccine distribution across Africa. MSD is committed to partnering with i3 to support entrepreneurs that are dedicated to expanding equitable healthcare access. By engaging the local private sector and meeting patients where they are, we can enhance access and strengthen health systems through fostering innovation in pharmacy services.”

Dr. Ashifi Gogo, CEO and Founder at Sproxil, remarked:

“It is an honor to be selected as part of the i3 cohort focused on growth-stage companies. The support of leading global life sciences and logistics companies, alongside forward-thinking foundations, is encouraging as we scale our impact. The i3 program continues to differentiate itself through the transformative power of local innovation, and I am eager to see the significant impact this cohort will undoubtedly make.”

In the past two years, i3 has provided $3M in direct grant funding to 60 start-ups across 16 African countries.

The program has also established a diverse cohort of innovators, with 43% being women-led and 20% Francophone-led. Finally, successes have recorded 450 facilitated strategic connections, including 122 contracts and pilots, resulting in >$11M in contracted partnerships, expanded reach, and nearly 1,000 jobs created—half of which were held by women.

i3 is coordinated by Salient Advisory and Solina Center for International Development and Research (SCIDaR).

Startups were selected by an expert committee and with the support of CcHUB and Villgro Africa and an independent expert advisory committee.

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