In Africa, many innovative companies are transforming the health sector. Figorr partnered with the Nigeria Primary Health Care Development Agency during the pandemic and tracked over four million Covid-19 vaccines to prevent wastage. Startups like Figorr demonstrate how partnerships with innovative companies can help expand access to health products, reduce the cost of distributing health products, and improve the visibility of health products. As donor funding for the health sector decreases, it’s clear that International Nongovernmental Organizations (INGO)-delivered systems are insufficient. However, donors, global health institutions, governments, and industry leaders in global health lack an understanding of the innovation ecosystem and how to effectively engage startups to address key challenges.

Source: Forbes January 22, 2024 07:48 UTC