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
-
Royal Air Maroc to lease 13 Boeing 737-8 jets from DAE as fleet expansion continues
00:17
-
Palm oil trade in West Africa: Mali, Burkina Faso and Côte d’Ivoire drive the market
00:12
-
Nigerian Guaranty Trust completes 10bn naira private placement to boost holding capital
19:38
-
Chinese Addax Petroleum accounts for about 30% of Cameroon oil output in 2025
18:02
-
Cameroon plans CFA4bn investment to improve Memve’ele hydropower reliability
17:53
-
Cameroon Chamber of Agriculture expands cocoa storage capacity at Douala port
17:50
-
Corporate investment in Cameroon jumps 28.5% in 2024
13:56
-
Angola's Sonangol Raises $750 Million in Debut International Bond trough a Private Placement
11:12
-
Morocco Signs Three Deals to Strengthen Digital Offshoring
13:51
-
Khouloud Abada Launches RenYou to Streamline Skin Health Follow-Up
13:08
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
Royal Air Maroc signed a deal with DAE to lease 13 Boeing 737-8 aircraft. Deliveries are scheduled for 2027 as part of the airline’s expansion...
Burkina Faso and Mali absorbed over 47% of Côte d’Ivoire’s palm oil exports in 2024. Côte d’Ivoire exported CFA90.1 billion of palm oil to the two...
Sonangol raised $750m via its debut international bond, a five-year private placement, marking a key step in Angola’s return to global debt...
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...