Healthcare funding in Africa: investors, tickets and countries
Who finances Healthcare in Africa, where, at which stage and with which tickets: every figure below is computed from the funding deals recorded on the platform.
24
deals recorded
9
over 12 months
3.8 M$
median disclosed ticket
28
identified investors
Key findings
- 24 funding deals recorded (Healthcare) since 2014, involving 23 companies and 28 identified investors. 9 of them over the last 12 months (2 the previous year).
- Median disclosed ticket: 3.8 M$; half of the deals fall between 1.6 M$ and 12.7 M$ (9 amounts disclosed out of 24, 67.5 M$ in total).
- Where the money goes: Kenya (33 %), South Africa (21 %), Nigeria (21 %).
- Most frequent stage: Growth (63 %); most used instrument: Equity (63 %).
- Most active investors: Proparco (4), Amethis (2), Ascent Capital Africa (2).
- 29 % of deals are syndicated (at least two investors around the table).
Countries
- Kenya8
- South Africa5
- Nigeria5
- Cameroon1
- Côte d'Ivoire1
Industries
- Clinics and hospitals8
- Medical devices and equipment4
- Pharmaceutical manufacturing4
- Pharmacy and drug distribution3
- Specialised care3
Stages
- Growth15
- Debt1
- Pre-Seed1
- Seed1
- Series A1
Instruments
- Equity15
- Senior debt4
- Quasi-equity1
Deals per year
| Year | Deals | Disclosed amounts |
|---|---|---|
| 2021 | 1 | — |
| 2022 | 4 | 15 M$ |
| 2023 | 1 | 12.7 M$ |
| 2024 | 3 | 20 M$ |
| 2025 | 4 | 15 M$ |
| 2026 | 7 | 1.1 M$ |
Most active investors
- Proparco4 deals
- Amethis2 deals
- Ascent Capital Africa2 deals
- IFC (International Finance Corporation)2 deals
- Adiwale Partners1 deal
- AFIG Funds1 deal
- AfricInvest1 deal
- BluePeak Private Capital1 deal
- Bpifrance (Fonds Averroès / Afrique)1 deal
- CardinalStone1 deal
- Cascador1 deal
- ccap.ai1 deal
Latest deals
| Company | Date | Disclosed amounts | Lead |
|---|---|---|---|
| Tibu HealthClinics and hospitals · Kenya | Jun 2026 | undisclosed | Proparcosource |
| ForticsClinics and hospitals · Nigeria · Growth | Jun 2026 | 142 k$ | Cascadorsource |
| MiaSpecialised care · South Africa | May 2026 | 920 k$ | Vumela Fundsource |
| Vertice MedTechMedical devices and equipment · South Africa · Growth | Apr 2026 | undisclosed | Amethissource |
| The Namibian Oncology CentreSpecialised care · Namibia · Growth | Apr 2026 | undisclosed | Salt Capitalsource |
| AfrilensMedical devices and equipment · Kenya · Seed | Apr 2026 | undisclosed | EQ2 Venturessource |
| NSIA Advanced Medical Services Limited (MedServe)Labs and imaging · Nigeria · Growth | Feb 2026 | undisclosed | IFC (International Finance Corporation)source |
| Clinique Ambroise ParéClinics and hospitals · Guinea · Growth | Dec 2025 | undisclosed | Adiwale Partnerssource |
| ImmobazymePharmaceutical manufacturing · South Africa | Dec 2025 | 2.9 M$ | University Technology Fundsource |
| HewaTeleMedical devices and equipment · Kenya · Debt | Aug 2025 | 10.5 M$ | AfricInvestsource |
| Altera BiosciencesPharmaceutical manufacturing · South Africa · Pre-Seed | Jul 2025 | 1.6 M$ | OneBiosource |
| Espace Véritable Santé (EVS)Clinics and hospitals · Côte d'Ivoire · Growth | Feb 2024 | undisclosed | Comoé Capitalsource |
See also
Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.