Close Menu
  • Home
    • News
    • Hubs
    • Startups
    • Events
    • Features
  • Southern Africa
  • West Africa
  • East Africa
  • North Africa
Facebook X (Twitter) Instagram
  • About
  • Contact
  • Advertise
  • Pipeline
  • Research
  • Podcast
Disrupt Africa
  • Home
    • News
    • Hubs
    • Startups
    • Events
    • Features
  • Southern Africa
  • West Africa
  • East Africa
  • North Africa
Disrupt Africa

Nigeria’s LifeBank launches fund for essential medical products

0
By Tom Jackson on May 9, 2019 Startups, West Africa

Nigerian e-health startup LifeBank has launched Blood and Oxygen Access Trust (BOAT), a NGN100 million (US$278,000) fund aimed at democratising access to blood and oxygen by providing these essential medical products to poor and vulnerable Nigerians at no cost.

Founded in 2016, the Lagos-based LifeBank offers an online platform that connects hospitals with blood banks, and blood banks with donors, while late last year it launched AirBank, an emergency medical oxygen delivery service.

The startup also last year teamed up with Nigerian payments company Flutterwave to fund a pilot programme that paid for the essential medical product needs of less privileged children. The two companies funded the blood and blood component needs of children supported by the Dorcas Cancer Foundation who are undergoing treatment for childhood cancer at LUTH.

Based on its experiences from the pilot, LifeBank has now rolled out BOAT. The startup will work with doctors to identify low income patients who can benefit from the programme, and invite doctors who work with this patient demographic to register on the BOAT platform. Companies, religious congregations, and other organisations can donate using BOAT, gaining access to a dashboard where they can track the disbursements of their donations.

“LifeBank believes that no Nigerian should die from a lack of essential medical products at the hospital level, and we are working to make this a reality,” said Temie Giwa-Tubosun, LifeBank’s chief executive officer (CEO) and founder.

“We also strongly believe that economic circumstances should not be a barrier to healthcare access. Therefore, we are mobilising our community – doctors, health workers, funding partners – to join us in democratising access to blood and oxygen by supporting BOAT.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleSA startups invited to apply for $616k ANDZA competition
Next Article Mali is home to West Africa’s latest angel investment network
Tom Jackson
  • Website
  • X (Twitter)
  • LinkedIn

Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

Comments are closed.

DISRUPT AFRICA PODCAST
MOST READ
  • Ghanaian fintech company Zeepay secures $18m debt funding to accelerate expansion posted on May 7, 2025
  • Ghanaian retail-tech startup Tendo secures Renew Capital funding posted on May 2, 2025
  • Kenyan agri-tech company Twiga Foods acquires 3 local FMCG companies posted on April 24, 2025
  • Lagos-based VC firm Aruwa raises $35m, hits 90% of its Fund II at 2nd close posted on May 2, 2025
  • Kenyan e-health startup MYDAWA secures undisclosed funding round for expansion posted on May 1, 2025

Newsletter signup

Sign up for our Newsletter

Working.........

Thank you for signing up!

LATEST DOWNLOADS
The African Tech Startups Funding Report 2024
The African Tech Startups Funding Report 2024
Download Now!

Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Download Now!

The African Tech Startups Funding Report 2023
The African Tech Startups Funding Report 2023
Download Now!

Diversity dividend: Female fund managers in Africa – Eloho Omame
Diversity dividend: Female fund managers in Africa – Eloho Omame
Download Now!

Finnovating for Africa 2023
Finnovating for Africa 2023
Download Now!

Diversity dividend: Female fund managers in Africa – The AfricInvest women
Diversity dividend: Female fund managers in Africa – The AfricInvest women
Download Now!
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2023
Download Now!

Diversity dividend: Female fund managers in Africa – Janngo Capital
Diversity dividend: Female fund managers in Africa – Janngo Capital
Download Now!

The African Tech Startups Funding Report 2022
The African Tech Startups Funding Report 2022
Download Now!

The Kenyan Startup Ecosystem Report 2022
The Kenyan Startup Ecosystem Report 2022
Download Now!

The Nigerian Startup Ecosystem Report 2022
The Nigerian Startup Ecosystem Report 2022
Download Now!

Diversity dividend: Female fund managers in Africa – Alitheia Capital
Diversity dividend: Female fund managers in Africa – Alitheia Capital
Download Now!

Diversity dividend: Female fund managers in Africa – The TLcom Ladies
Diversity dividend: Female fund managers in Africa – The TLcom Ladies
Download Now!

Copyright © 2014-2023 Disrupt Africa. All rights reserved.
  • About
  • Contact
  • Advertise
  • Sitemap

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version