GJO & Partners

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.

34

deals recorded

11

over 12 months

3.5 M$

median disclosed ticket

40

identified investors

Key findings

  • 34 funding deals recorded (Healthcare) since 2008, involving 31 companies and 40 identified investors. 11 of them over the last 12 months (2 the previous year).
  • Median disclosed ticket: 3.5 M$; half of the deals fall between 2.2 M$ and 14.4 M$ (14 amounts disclosed out of 34, 179.2 M$ in total).
  • Where the money goes: Kenya (29 %), South Africa (21 %), Nigeria (21 %).
  • Most frequent stage: Growth (56 %); most used instrument: Equity (56 %).
  • Most active investors: Proparco (6), IFC (International Finance Corporation) (5), AfricInvest (3).
  • 41 % of deals are syndicated (at least two investors around the table).

Countries

  • Kenya10
  • South Africa7
  • Nigeria7
  • Côte d'Ivoire3
  • Cameroon2

Industries

  • Clinics and hospitals9
  • Medical devices and equipment6
  • Pharmaceutical manufacturing5
  • Specialised care5
  • Labs and imaging4

Stages

  • Growth19
  • Debt2
  • Seed2
  • Pre-Seed1
  • Series A1

Instruments

  • Equity19
  • Senior debt6
  • Quasi-equity2

Deals per year

YearDealsDisclosed amounts
2021217.3 M$
2022415 M$
2023112.7 M$
2024728.2 M$
2025415 M$
2026987.3 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
Tibu HealthClinics and hospitals · KenyaJun 2026undisclosedProparcosource
ForticsClinics and hospitals · Nigeria · GrowthJun 2026142 k$Cascadorsource
MiaSpecialised care · South AfricaMay 2026920 k$Vumela Fundsource
Vertice MedTechMedical devices and equipment · South Africa · DebtApr 2026undisclosedInvestecsource
Vertice MedTechMedical devices and equipment · South Africa · GrowthApr 2026undisclosedAmethissource
BiovacPharmaceutical manufacturing · South Africa · GrowthApr 202686.3 M$European Investment Banksource
The Namibian Oncology CentreSpecialised care · Namibia · GrowthApr 2026undisclosedSalt Capitalsource
AfrilensMedical devices and equipment · Kenya · SeedApr 2026undisclosedEQ2 Venturessource
NSIA Advanced Medical Services Limited (MedServe)Labs and imaging · Nigeria · GrowthFeb 2026undisclosedIFC (International Finance Corporation)source
Clinique Ambroise ParéClinics and hospitals · Guinea · GrowthDec 2025undisclosedAdiwale Partnerssource
ImmobazymePharmaceutical manufacturing · South AfricaDec 20252.9 M$University Technology Fundsource
HewaTeleMedical devices and equipment · Kenya · DebtAug 202510.5 M$AfricInvestsource
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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.