Africa: Senegalese Healthtech Eyone Secures $1m to Expand in West Africa

16 December 2024
Daba Finance (Abidjan)

TLDR

  • Eyone, a digital health startup based in Senegal, has raised $1 million to scale its operations across West Africa
  • The funding was led by regional telecom provider Sonatel's investment fund, Véhicule d'Investissement et de Financing (VIF), contributing $855,000
  • With the new funding, the company plans to enhance its infrastructure, forge partnerships, and expand user education

Eyone, a digital health startup based in Senegal, has raised $1 million to scale its operations across West Africa.

The funding was led by regional telecom provider Sonatel's investment fund, Véhicule d'Investissement et de Financing (VIF), contributing $855,000. Senegalese bank BICIS provided an additional $145,000, signaling strong local support for the initiative.

Founded eight years ago, Eyone addresses Africa's healthcare challenges through a digital platform that integrates telemedicine, electronic health records, and patient-doctor connectivity. With the new funding, the company plans to enhance its infrastructure, partnerships, and user education.

You can follow Daba's reporting on Africa on WhatsApp. Sign up here

Key Takeaways

Eyone's funding reflects increasing investor confidence in Africa's health-tech landscape. Recent examples include Nigeria's MDaaS Global, which raised $3 million in March 2024, and Kenya's Ilara Health, which secured $4.2 million in February 2024. These investments highlight the sector's potential to address critical healthcare gaps. Despite challenges such as infrastructure and regulatory constraints, Eyone's success underscores the resilience of Africa's health-tech startups. By leveraging digital platforms to improve healthcare access and quality, these companies are shaping the future of healthcare delivery on the continent. Eyone's expansion is set to play a key role in this transformation across West Africa.

Read the original article on Daba Finance.

Tagged:
Copyright © 2024 Daba Finance. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 600 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.