• CDC-CI Capital invested CFA350 million ($620,500) in Ivorian e-health startup Ades to support its growth.

• The funds will finance medical equipment modernization, logistics expansion, and the development of Ades’ UMED telemedicine platform.

• Founded in 2019, Ades has provided over 6,000 home care services and works with more than 50 corporate partners.

Côte d’Ivoire’s public investment fund CDC-CI Capital has taken an equity stake worth CFA350 million ($620,500) in Ades, a fast-growing digital health startup providing telemedicine and connected healthcare services.

The deal, announced on October 14, 2025, aims to accelerate Ades’ expansion and strengthen its capacity to deliver quality medical services across the country.

Ades will use the funds to acquire and modernize biomedical and imaging equipment, purchase medical vehicles, including ambulances and motorbikes, and upgrade its digital platform, UMED. The financing will also support the renovation of its technical facilities and the expansion of its private healthcare partner network.

“This investment builds on Ades’ pioneering role in telemedicine in Côte d’Ivoire, especially through its remote consultation and connected imaging services,” said Arthur Coulibaly, CEO of CDC-CI Capital.

Ades: A Growing Force in E-Health

Founded in 2019 by a group of young Ivorian doctors, including Dr. Ousmane Soumahoro, Ades offers an integrated range of telemedicine and outpatient care services. Its UMED platform provides online consultations, home visits, medical imaging, remote patient monitoring, and biomedical testing.

By the end of 2024, Ades had delivered over 6,000 home-care treatments and partnered with more than 50 companies to provide corporate health monitoring. The company’s services cover multiple specialties, including nursing, home hospitalization, occupational medicine, pediatrics, ophthalmology, and cardiology.

CDC-CI Capital, the investment arm of the Caisse des Dépôts et Consignations de Côte d’Ivoire, targets high-potential businesses in innovation, energy, infrastructure, and health. Its entry into Ades’ capital highlights the growing role of private equity in the Ivorian healthcare sector, as both public and private investors increasingly back projects with strong economic and social impact.

This article was initially published in French by Chamberline Moko

Adapted in English by Ange Jason Quenum