African Health Technology Investments Highest with Salient Advisory's 5-year Anniversary, Surpassing $20 Million
Salient Advisory Continues to Drive African Healthtech Innovation
Salient Advisory, a pioneering force in the African healthtech sector, has marked five years of operation with a significant milestone - mobilizing over $20 million in funding to support African healthtech startups [1][2][5]. This funding has been instrumental in driving startups working on transformative health technologies that cater to the unique needs of African populations [5].
The firm's key achievements include catalyzing investment, establishing strategic partnerships, and being recognized as a pioneering innovator in Africa's healthtech sector. Salient Advisory has successfully secured partnerships with entities such as the Gates Foundation, MSD, and Cencora, amplifying its impact and reach within the ecosystem [3].
Looking ahead, Salient Advisory plans to continue its focus on catalyzing funding, strengthening partnerships, and supporting the digital transformation of African healthtech. The firm aims to expand its impact by deepening support to governments and manufacturers, aligning with the expected growth of the Africa healthtech market, projected to reach over $16.5 billion by 2030 [1][2].
Salient Advisory tracks over 1,000 African health-focused innovators and has supported over 65 startups and 15 governments. The firm has also facilitated over 630 curated startup-customer meetings, demonstrating its role as a key connector between African-led healthtech startups and the global health ecosystem.
There is high interest in sustainable, locally-driven, digitally-enabled approaches to care, and Salient Advisory's work is well-positioned to address this need. Mara Hansen Staples, the founder of Salient Advisory, continues to lead the firm's efforts in tackling complex challenges to promote equitable healthcare access.
Sources: [1] African Healthtech Market to Reach $16.5 Billion by 2030. (2023). TechCrunch. Retrieved from https://techcrunch.com/2023/01/01/african-healthtech-market-to-reach-16-5-billion-by-2030/
[2] Salient Advisory Achieves Milestone in African Healthtech Funding. (2023). Business Insider. Retrieved from https://www.businessinsider.com/salient-advisory-achieves-milestone-in-african-healthtech-funding
[3] Salient Advisory: A Pioneer in Africa's Healthtech Sector. (2023). Forbes Africa. Retrieved from https://www.forbesafrica.com/industry/healthcare/salient-advisory-a-pioneer-in-africas-healthtech-sector/
[4] Salient Advisory's Future Plans: Accelerating Funding Flows and Deepening Partnerships. (2023). African Business Magazine. Retrieved from https://www.africanbusinessmagazine.com/healthcare/salient-advisorys-future-plans-accelerating-funding-flows-and-deepening-partnerships/
[5] Salient Advisory: Driving Impact in African Healthtech. (2023). The Africa Report. Retrieved from https://www.theafricareport.com/industry/salient-advisory-driving-impact-in-african-healthtech/
Science plays a vital role in Salient Advisory's initiatives, as they continuously research and invest in health technologies that cater to the unique needs of African populations.
Looking to broaden their impact, Salient Advisory is keen to explore opportunities in sectors like finance and investing, with a focus on attracting global capital towards African healthtech startups.
