Nigerian Helium Health raises $7mln from two foreign investors
Friday, 01 May 2020 13:50
Nigeria-based health tech startup Helium Health has successfully raised $7 million in equity investment from two foreign investors.
One of them is Dubai-based venture firm Global Ventures which, with this co-investment, is making its first interest acquisition in the health tech segment in emerging countries. The second contributor is Singaporean Asia Africa Investment and Consulting.
The provided resources will finance the deployment of tech solutions and tools for health workers. To help fight the current coronavirus pandemic, Helium Health has developed telemedicine tools that are aimed at facilitating access to information and analyze results for covid-19 patients.
According to Noor Sweid, partner at Global Ventures, the health tech sector will be of great interest for investors over the next five years, just like “fintech was for the last five years.”
Helium Health is co-founded by three young Nigerian entrepreneurs. The company launched operations in 2016 and aims to accelerate Africa's transition into technology and data-driven healthcare sector.
Chamberline Moko
Live News
-
Renewable Developer AXIAN Energy Secures $1M Grant For Projects In Four African Countries
07:02
-
Egypt To End Phone Tax Exemptions, Sets 90-Day Grace Period
06:57
-
Côte d’Ivoire Scraps VAT Exemptions on Fertiliser Inputs, Sets Reduced 9% Rate
05:30
-
Côte d’Ivoire: Séguéla Gold Mine’s Life Extended to Over 9 Years After 31% Reserves Rise
05:05
-
Lomé Municipal Officials Trained on Budgeting and Council Operations
19:28
-
Startup World Cup Qualifier Comes to Abuja, Offering Shot at $1 Million Investment
18:07
-
€50,000 Albert Schweitzer International Prize to Fund Healthcare Solutions in Sub-Saharan Africa
18:00
-
Algeria Launches Online Portal for Postal and Telecom Complaints
17:58
-
Sotouboua 2 Approves 2.26 Billion CFA Franc Five-Year Development Plan
16:54
-
Togo Raises Local Government Support Fund to 12 Billion CFA Francs in 2026
16:37
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...
AXIAN Energy secures about $1 million Norad grant for African projects Funding supports early-stage renewables in Zambia, Madagascar,...
Egypt reinstates customs duties on foreign phones from Jan. 21, 2026 Egyptians abroad get 90-day exemption; tourists use foreign or tourist...
Côte d’Ivoire introduces 9% VAT on fertiliser inputs under 2026 budget Measure raises importer costs; fertiliser inputs were previously...
Canadian miner Fortuna says reserves at its Séguéla mine rose to 1.54 million ounces, supporting a study to lift annual production above 200,000...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...
Bamako hosted the first International Festival of African Documentary (FIDAB) from January 16 to 18, 2026, screening 12 African films. UNESCO...