Fundraise

Dawa Mkononi lands Africa Health Ventures backing

What's the deal? Dawa MkononiDealroom has a profile for this one. Try Dealroom →, a Tanzanian pharmaceutical technology company, has received an undisclosed early-stage investment from Africa Health VenturesDealroom has a profile for this one. Try Dealroom → to scale its digital medicine-distribution platform across Tanzania.

Why it matters: Dawa Mkononi connects healthcare providers with pharmaceutical suppliers through a digital platform designed to make medicine sourcing faster and more reliable. Its Dawa Kwanza credit programme, built with Vodacom TanzaniaDealroom has a profile for this one. Try Dealroom → and NCBA Bank TanzaniaDealroom has a profile for this one. Try Dealroom →, lets eligible health facilities receive stock immediately and repay within 28 days.

The company says the programme has financed more than Sh1 billion worth of medicine stock to pharmacies and clinics across Tanzania.

Africa Health Ventures said it sees medicine distribution as a high-leverage opportunity to strengthen access to care through a scalable business model and will work with the team to accelerate growth.

Read more: African-Startups

Image credit: yuko_ppp2501

More top stories