2022 Digital Transformation Challenge

Healthcare innovators,

Apply and get the opportunity to accelerate your growth together with

Health54 investment team!

Health54, the Corporate Venture Capital of CFAO Group in Healthcare

With Africa For Africa

You are leading a fast-growing business bringing new ways to meet the needs of the African healthcare market?

You need to finance your growth and you are actively raising capital?

You are looking for more than financing but for partners who can support your value proposition and impact in healthcare?

Health54 is the healthcare dedicated Corporate Venture Capital (CVC) vehicle of CFAO Group (part of Toyota Tsusho), a key player in mobility, healthcare, consumer goods, infrastructure and energy in Africa. CFAO Healthcare is a leader in the African pharmaceutical market with operations in more than 23 countries in Africa.

We believe that the future of Africa is in the hands of talents able to leverage innovation and technology to transform the access to healthcare. Through Health54, we are expanding our commitment to bridge the social gap and improve access to health on the continent.

We are investing in high potential startups operating in Africa healthcare sectors.

We are organizing the 2022 Digital Transformation Challenge calling for innovative healthcare startups operating in Africa!

Benefit from a direct access to the teams of Health54

All the applications submitted will be carefully screened for potential investment by Health54. If your application is selected, you’ll be directly contacted and have the opportunity to be part of the program.

Go for the multiplier effect, take part in a special event dedicated to African innovation!

A selection of high potential innovative projects embodying the African dynamic of Healthcare will participate in a special event.

This event will provide a tremendous opportunity to promote your business to private investors, public decision makers and international institutions and Toyota Tsusho & CFAO top management. You will participate in a dedicated event in August 2022 and our partner Bond’Innov will deliver training and support to make the most from this event.

The call for applications is now closed. The jury is studying applications and the selected participants will be contacted shortly.

Further information about the program - PDF to download   

About CFAO: leader distribution network in Africa

With a revenue of €6.9 billion, access to 47 of the 54 countries on the continent and more than 21,000 employees, the CFAO Group, Corporation For Africa & Overseas, contributes to the growth of the African continent, its industrialization and the emergence of the middle class, drawing on its in-depth field knowledge and local expertise. The Group, part of Toyota Tsusho Corporation, partners with leading international brands and covers the entire value chain – import, production, distribution – in line with the best international standards.

About CFAO Healthcare: leading healthcare player in Africa

Leader in the African pharmaceutical market, CFAO Healthcare supplies drugs and pharmaceutical products in over 28 countries thanks to a very efficient supply chain organization (Laborex). The group thus ensures their integrity from the storage site to the retail pharmacies. Wholesaler-distributor as well as agent for world-renowned laboratories, CFAO healthcare also produces licensed drugs in Morocco and Algeria. A commitment that promotes employment based on local skills and on the innovations of international pharmaceutical laboratories.

About Health54 CVC

Health54 is the Corporate Venture Capital fund of CFAO Group dedicated to healthcare. Health54 has been established with the objective to accelerate the group’s innovation capabilities in Africa and contribute solving social challenges in the healthcare industry on the continent. Health54 invests in startups offering innovative healthcare services and technologies and supports their growth by leveraging the group’s pan-African footprint.

Toyota Tsusho & CFAO invest also in the sector of Mobility, visit our program for Mobility in Tech&Services

Bond’innov developed throughout the years its expertise in supporting innovation on the African continent. For the 2022 Digital Transformation Challenge, Bond’Innov is partnering with the Toyota Tsusho & CFAO CVC directors to manage the 2022 Contest of the best start-ups in Mobility and Healthcare, which will help to detect the highly potential projects developing tech & services in Africa, for Africa. Bond’Innov team is proud to give support and training for the event in August 2022.

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