We are excited to announce the 53 tech companies from 20 countries that have been selected to attend the virtual TechEmerge Health East Africa Innovation Summit (date to be confirmed; possibly Aug/Sept. 2020).
In total, over 415 tech companies from 50 countries applied to the TechEmerge Health East Africa program. Applications went through a competitive evaluation process supported by a global network of ~30 independent expert advisors. 53 tech companies across multiple categories were identified to have market-relevant solutions that may meet the needs of participating East Africa healthcare providers (“Providers”). There are ~25 leading Providers in Kenya, Uganda and Ethiopia participating in the program, serving over 6.5 million patients across 285+ facilities, with 2,850 beds.
The selected innovators from around the world offer a range of solutions that can drive better healthcare outcomes in East Africa, including tools in Artificial Intelligence/Machine Learning, Point of Care Diagnostics, Maternal & Child Health, Patient Engagement, Quality Management, Operational Efficiency and beyond.
TechEmerge brings technologies to new markets to drive sustainable innovation in regions that need it the most.
We do this by matching best-in-class, proven, affordable technology solutions from around the world with local partners in emerging markets to conduct pilot projects and build commercIal partnerships.
After successfully implementing the program in the healthcare sectors in India, followed by Brazil, IFC is now building on this knowledge and networks to bring the program to the East African healthcare sector to improve access to healthcare delivery and patient outcomes.
Over 20 leading private healthcare providers in Kenya, Uganda, and Ethiopia have signed on to the program and are interested in working with health tech companies that can address their needs. Through a competitive selection process, with the support of an network of external technical advisors, shortlisted innovators meet with local organizations to demo their products and discuss potential pilot opportunities. With our support, selected innovators and local healthcare providers partner to test and validate technologies in the local setting.
Selected innovators receive funding and guidance from the TechEmerge team to pilot their tech solutions in the East African market, with the ultimate goal of wider commercial deployment of the technologies. IFC provides support during the market-entry and tech transfer process for both innovators and healthcare providers – mitigating financial and operational risks associated with market entry for innovators and reducing adoption risks for local healthcare providers.
The TechEmerge Health East Africa program was launched at CES 2020 as part of a World Bank Group (WBG) – CES Global Tech Challenge.
This program is implemented in partnership with:
East Africa is comprised of a diverse set of countries and the region as a whole has experienced rapid economic growth over the past five years. The TechEmerge Health East Africa program will predominantly focus on the Kenyan private healthcare sector, while including select healthcare providers from Uganda and Ethiopia as well. The combined population for Kenya, Uganda and Ethiopia is around 207 million people, and is projected to grow to 270 by 2030. The healthcare market across these three countries is $8B, and set to grow to $15B by 2030. The majority of patients pay for healthcare out-of-pocket, which drives healthcare providers to seek new approaches to improve healthcare delivery and reduce costs.
Over 20 leading private healthcare providers in Kenya, Uganda, and Ethiopia have joined the program. Participating providers range from multi-specialty hospitals to primary care clinics, to lab chains, pharma retails and health insurers. These health organizations serve a variety of different income populations and regions, operating over 285 facilities, with over 2,850 beds, serving over 6.5 million patients annually.
The TechEmerge Health East Africa Program is supported by a network of advisors with vast experience in growing health technology innovation across the world.