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Nigerian Healthtech Field Gets $11M Gates Foundation Backing

Daba Finance/Nigerian Healthtech Field Gets $11M Gates Foundation Backing
STARTUP VENTURE CAPITALSeptember 16, 2024 at 10:47 AM UTC

TLDR

  • Field, a Nigerian e-health company, launches route-to-market service to tackle maternal mortality, newborn & child health, and nutrition.
  • Supported by $11 million funding from Bill & Melinda Gates Foundation, Field aims to introduce emerging therapies and enhance healthcare infrastructure in Nigeria and Kenya.
  • Founded in 2015, Field is a pharmaceutical supply chain leader, working with African governments to expand healthcare programs and has facilitated over 800 million health interventions in areas like family planning, HIV, and tuberculosis.

Field, a Nigerian e-health company, has launched a route-to-market service aimed at addressing critical issues in maternal mortality, newborn and child health, and nutrition.

Supported by $11 million in funding from the Bill & Melinda Gates Foundation, this initiative seeks to introduce emerging therapies and bolster healthcare infrastructure across Nigeria and Kenya.

Founded in 2015, Field is a leading pharmaceutical supply chain provider, collaborating with African governments to scale healthcare programs. The company claims to have facilitated over 800 million health interventions in areas such as family planning, HIV, and tuberculosis.

Key Takeaways

Despite progress, 57% of all maternal deaths occur in Africa, giving the continent the highest maternal mortality ratio in the world. Weak health systems due to poor governance, poor allocation of resources for health, poor coordination, and weak accountability mechanisms drive health inequities, which in turn are a barrier to reducing the cases in these continents. Field’s new initiative includes a digitization overhaul for healthcare providers, offering financing options, last-mile delivery services, and the installation of pharma-grade refrigerators. The project will also form a coalition with governments, manufacturers, and other stakeholders to deliver one of the continent’s most ambitious maternal health programs.

Healthcare
Field
Healthtech
Bill & Melinda Gates Foundation
Nigeria
Kenya
Maternal Mortality Ratio

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