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RxAll Join Founders Factory Venture Scale Programme

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RxAll

By Adedapo Adesanya

Nigerian e-health startup, RxAll, has become the latest company selected to participate in the Founders Factory Africa’s Venture Scale programme, which provides access to funding and additional support services.

This comes after the organisation accepted five startups into the programme earlier this year in February.

The startups include Nigerian agritech, FoodLocker; Kenyan last-mile FMCG, Bwala Africa; and three South African startups — medical booking platform LocumBase, medtech company Envisionit Deep AI, and biomedical startup Akili Labs.

Founders Factory was originally launched in London in 2015 and has already built 70 startups and launched African operations in Johannesburg in 2018, from where it plans to design, build and scale 140 disruptive tech startups across Africa over the next five years.

The company brought its model to Africa in partnership with Standard Bank, which made a multi-million-dollar investment into Founders Factory Africa, and the pair made their first investments April of last year.

It has since secured backing from Netcare, which operates South Africa’s largest hospital network, to provide a platform for entrepreneurs to build and scale e-health startups across Africa.

Founded by Nigerian pharmacist, Mr Adebayo Alonge, alongside Amy Kao and Wei Lui, RxAll aims to quash the $30 billion global fake drug industry by enabling hospitals, pharmacies and patients in Africa to buy high quality, non-counterfeit medicines online by authenticating and delivering drugs through their curated marketplace.

RxAll is dedicated to providing high-quality medication to patients that need them. Its RxScanner is a proprietary molecular sensor device that can identify the quality of prescription drugs in 20 seconds displaying results on an IoS and Android app in real-time. The platform is active across the continent.

It will now take part in the six-month Venture Scale programme, through which it will gain access to 80,000 Pounds ($100,000) in cash, as well as tailored support services across product design, data science, engineering and business development.

Speaking on the selection, Mr Roo Rogers, CEO of Founders Factory Africa, said: “Counterfeit medication is a global health crisis. Its effects can be seen across the global healthcare ecosystem with over 1 million people dying globally per year.

“RxAll offers a unique, simple, and precise solution with its RxScanner device. FFA is excited to support RxAll’s growth and impact by delivering investment, network, and growth with Adebayo Alonge and his team.”

In addition to the funding and resources, RxAll will also have access to exclusive partnerships with FFA’s pan-African corporate investors, Standard Bank and Netcare.

“RxAll is an exciting venture that allows patients to have better access to high-quality medication and pharmacies to access authenticated medication,” said Mr Richard Friedland, CEO of Netcare Group.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Health

AXA Mansard Health Reaffirms Commitment to Customer-first Policy

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axa mansard health

By Modupe Gbadeyanka

Customers of AXA Mansard Health have been reassured that they would remain a priority and all efforts would be made to ensure they get value for their money.

The chief executive of the leading health insurance provider in Nigeria, Mr Tope Adeniyi, reiterated this commitment at the company’s South-West Provider Forum in Ibadan, recently.

Mr Adeniyi emphasised that millions of AXA Mansard Health customers across the country would continue to receive quality healthcare, no matter what.

“For us at AXA Mansard Health, it’s about the customer first. It’s not just a core value; it’s the mantra that guides everything we do from innovation to process improvement, product development and even our CSR initiatives. We are a company built on protecting what matters to our customers,” he stated.

The AXA Mansard Health chief explained that the forum was put together to engage with its providers to jointly chat the best ways to ensure that AXA customers receive the best healthcare services.

“We know that it is our providers that complete this value-chain of superior customer service; the hospitals, the clinics, the laps, and so on. That’s how our customers experience us.

“So, we are here today to consolidate on the partnership, so our customers can always get the best.

“Our customers are always first, and they are followed by our providers. We are convinced that if we keep this model, we will remain the brand to beat in Nigeria.

“Our wider plan is to touch all corners of Nigeria and bring premium healthcare services to every Nigerian because they deserve it.

“These forums are crucial in building strong partnerships with our providers, which ultimately lead to better healthcare outcomes for our customers,” he said.

Business Post reports that the forum, which has been held previously in various cities, including Lagos, Port Harcourt, Sokoto, Maiduguri, Ibadan, and Abuja over the last four months, underscores AXA Mansard Health’s commitment to bridging the healthcare gap and ensuring that premium healthcare services are accessible to all Nigerians, not just those in major cities.

This nationwide reach ensures that the benefits of these engagements are felt across the country, fostering collaboration and sharing best practices needed to address the unique healthcare challenges faced by different parts of the country.

Nigeria faces significant healthcare challenges, with only about 4.08 per cent of its Gross Domestic Product (GDP) spent on healthcare.

The country has a doctor-to-patient ratio of approximately 1 to 10,000, far below the World Health Organization’s recommendation of 1 to 600.

With healthcare access unevenly distributed across the country and rural areas experiencing higher out-of-pocket expenses for healthcare compared to urban zones, there is an urgent need for initiatives like the providers forum to improve healthcare delivery for all Nigerians.

AXA Mansard Health says it is committed to enhancing its products and services through these forums while also working on improving the overall healthcare experience for its customers.

The company plans to hold future forums in the South East region in the coming months, further demonstrating its dedication to ensuring quality healthcare is accessible to all.

“As we progress further into 2025, the insights and feedback gathered from these forums will play a pivotal role in shaping our company’s strategies to enhance customer experience and ensure that quality healthcare is accessible to all Nigerians,” Mr Adeniyi concluded.

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i3 to Fund mPharma, Six Others Transforming Pharmacy Care in Africa

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mPharma

By Adedapo Adesanya

Investing in Innovation Africa (i3), a pan-African initiative to support African healthtech startups to commercialise and scale their offerings, has announced its 3rd cohort of seven growth-stage companies working to transform pharmacy services on the continent.

Sponsored by the Gates Foundation, MSD, Cencora (formerly AmerisourceBergen), Endless Foundation, HELP Logistics (a subsidiary of the Kühne Foundation), Sanofi’s Global Health Unit and Chemonics, the three-year programme will empower innovators to improve patient access to healthcare across Africa and scale their impact.

i3 is coordinated by Salient Advisory and Solina Center for International Development and Research (SCIDaR).

The selected startups include mPharma, Chefaa, Dawa Mkononi, Meditect, myDawa, RxAll, and Sproxil.

These startups were selected by an expert committee and with the support of CcHUB and Villgro Africa and an independent expert advisory committee.

According to a statement, they will each receive up to $225,000 in risk-tolerant funding, tailored customer introductions, bespoke deal facilitation, and professional communications and advocacy support.

i3 also aims to facilitate around 150 strategic partnerships and influence deals valued at $30M million between innovators and major healthcare purchasers.

In addition, the cohort will participate in i3’s flagship Access to Markets event in December 2025, designed to spark high-impact partnerships between innovators and large healthcare companies, governments, donors, and multilateral agencies.

In the past two years, i3 has provided $3 million in direct grant funding to 60 start-ups across 16 African countries. The program has also established a diverse cohort of innovators, with 43 per cent being women-led and 20 per cent Francophone-led.

According to a statement, successes have recorded 450 facilitated strategic connections, including 122 contracts and pilots, resulting in $11 million in contracted partnerships, expanded reach, and nearly 1,000 jobs created—half of which were held by women.

Speaking on the latest move, Mr Boniface Njenga, Deputy Director, Health Delivery and Systems, Africa at the Gates Foundation, commented: “As the global health landscape continues to rapidly shift, we remain committed to supporting innovative solutions and initiatives that strengthen local health systems across Africa. The i3 program emphasises the transformative potential of technology-driven innovations on the continent when empowered with the right resources, and we have already seen impressive results from the cohorts.”

On her part, Dr Priya Agrawal, Vice President, International Health Equity and Partnerships, at MSD, noted: “Now more than ever, investing in local healthcare businesses is essential for securing effective and sustainable medicine and vaccine distribution across Africa. MSD is committed to partnering with i3 to support entrepreneurs that are dedicated to expanding equitable healthcare access. By engaging the local private sector and meeting patients where they are, we can enhance access and strengthen health systems through fostering innovation in pharmacy services.”

For Dr Ashifi Gogo, CEO and Founder at Sproxil, remarked: “It is an honor to be selected as part of the i3 cohort focused on growth-stage companies. The support of leading global life sciences and logistics companies, alongside forward-thinking foundations, is encouraging as we scale our impact. The i3 program continues to differentiate itself through the transformative power of local innovation, and I am eager to see the significant impact this cohort will undoubtedly make.”

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Dangote’s Foundation Gives Ambulance to Mainland Hospital Yaba

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Mainland Hospital Yaba Ambulance Dangote

By Modupe Gbadeyanka

An ambulance has been donated to the Mainland Hospital Yaba, Lagos, by the Aliko Dangote Foundation (ADF), the first the health facility was getting in the past decade.

The chief medical director of the organisation, Mr Adejumo Adedeji Olusola, while receiving the item last Friday, emphasized how crucial the donation was, describing patient mobility as a longstanding challenge.

“Today we received an ambulance from Aliko Dangote Foundation to support our response activities in Lagos. Aliko Dangote Foundation has taken care of our biggest headache; in fact, it is a game changer for us, so we can do a lot of things now that we can’t do before,” the medical practitioner stated.

He further acknowledged the impact of private sector support, particularly expressing appreciation to Mr Aliko Dangote for addressing a decade-long need.

“We are really grateful, and our sincere gratitude goes to Mr Aliko Dangote. We lacked an ambulance for about 10 years, but now we have one we can boast of thanks to Mr Aliko Dangote. Thank you very much,” he said.

In his remarks, the Director of Health and Nutrition for the ADF, Mr Francis Aminu, reiterated the foundation’s unwavering dedication to improving the lives of Nigerians, particularly in the health sector.

He opined that the ambulance would bolster Mainland Hospital Yaba’s capacity to manage infectious disease outbreaks and enhance emergency response.

“We are happy to help. The foundation is there to assist, especially in areas of health. They say health is wealth, so the foundation is there to fill the gaps found and through this donation initiative, this is us (ADF) showing our commitment to ensuring those needs are met.

“What we do at ADF isn’t just charity, it’s a duty. We believe that every Nigerian life is valuable, and health is the foundation on which all other aspirations are built; no Nigerian should be left behind due to a lack of access to essential health resources.

“This isn’t a one-time effort; we are committed to building systems that last, ones that Nigerians can rely on even in the toughest of times,” the remarked.

The ambulance is expected to serve as a game changer, enabling swift mobility for critical cases and improving the hospital’s overall efficiency in disease outbreak responses.

ADF has long been at the forefront of major health interventions in Nigeria, from combating malnutrition and polio to supporting disease control during pandemics. This gesture to Mainland Hospital is one of many strategic moves reflecting its broader mission to strengthen Nigeria’s healthcare infrastructure.

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