Egypt to launch vaccine passports next week

EGYPT – The Egyptian Ministry of Health and Population has announced that it is launching a health passport to detect vaccine evaders, starting next week in cooperation with the Ministry of Communications. The ministry said in a statement that this electronic health passport will be used at airports to determine a person’s position on the COVID-19 vaccine. It explained that the health passport will use three colors: red will indicate a person is unvaccinated, yellow that they have received one dose and green that they have received two doses. It…

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UCTD, Bayer’s consumer health division sign OTC distribution pact

EGYPT – Dr. Mohamed Galal, Vice President & Head of Bayer Consumer Health Division – Middle East, and Mr. Ayman Hossam Omar, Chief Executive Officer of United Company for Trading & Distribution (UCTD), have signed a contract involving Bayer’s Consumer Health Division, aiming to import and distribute OTC products in the Egyptian market. Over-the-counter (OTC) medicines play an essential role in keeping consumers and populations healthy with a variety of options while, at the same time driving down healthcare spending. “We envision this valuable partnership between the two big companies…

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Healthech startup Sotech raises US$1m pre-Seed funding round to grow its market

EGYPT – Sotech, a healthech and IoT solutions startup, has successfully raised US$1 million in its latest pre-Seed funding round led by Innlife investments and key corporate investor Al Raya Kuwaiti. The Egypt-based firm intends to use the freshly raised capital to extend its operations to 500 locations and grow its market beyond Egypt, including Mecca and Madina. Founded in 2020 by a group of Tech, Marketing, and Healthcare enthusiasts during the pandemic, the Egypt-based startup specialises in smart IoT, trackable OOH advertising, and data gathering. By providing fully integrated…

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Egypt speeds up Sinovac vaccine production with eye on African market

EGYPT – Egypt is ramping up production of the Sinovac coronavirus vaccine as it aims to become a hub for vaccine exports to Africa and protect its own population of more than 100 million from a fourth wave of infections. The government is preparing new facilities that it says could produce several million vaccine doses daily, and is also in talks with an unspecified European vaccine producer. “We are currently in discussions with other companies because it is important to us that we diversify our sources, and hopefully soon we…

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Egypt to intensify vaccination ahead of a fourth COVID-19 wave

EGYPT – Egypt will vaccinate all 4.5 million of its state employees against COVID-19 in August and September as it seeks to accelerate vaccinations ahead of a likely fourth wave of infections, the health minister has announced. The country’s infection rate is still low but started to increase last week and the upward curve is expected to continue for a while, Hala Zayed told a briefing, adding that a significant increase is expected in late September. “It is important for the Egyptian government and the political leadership that we work…

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Egypt, Japan ramp up JICA grant to US$19 million to boost healthcare sector

EGYPT – Egypt has inked a deal with Japan to increase the Japan International Cooperation Agency (JICA) grant to US$19 million. These funds are purposed to go into construction of a new outpatient clinic at Egypt’s Japan funded Abu al-Rish Hospital. This hospital falls within the framework of a distinguished Egyptian-Japanese relations that promotes developments in the health sector. Dr. Rania Al-Mashat, Minister of International Cooperation Egypt, applauded the Egyptian-Japanese joint relations at the level of international cooperation and development financing, which resulted in supporting the health sector by about…

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Health-tech startup Estshara raises US$500,000 funding to expand operations

EGYPT – Cairo-based healthtech platform, Estshara, has raised US$500,000 in a Seed funding round aimed at helping the startup to expand operations. Estshara plans to use its new funding to grow its current user base to six million by the end of the 2021, by providing extra offerings and customer care activities. “The investment will help us scale our organization with exceptional talent and enhanced resources, as well as further increase our marketing and sales outreach to support our focused go-to-market strategy and achieve our expansion goals,” Founder and CEO…

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Vezeeta launches new SaaS solution to improve healthcare experiences

EGYPT – Vezeeta, the Middle East and Africa’s leading digital healthcare platform, is rolling out its B2B SaaS solution which enables healthcare entities, both small and large, to enhance their patients’ healthcare experiences through a digital-first approach. Launched in 2015 in Cairo, Vezeeta allows millions of patients across multiple countries in the Middle East and Africa to search, book and review the best doctors and medical services in just one minute. It also provides innovative SaaS solutions to thousands of healthcare providers listed on its platform. The company, which last…

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China, Egypt mark joint production of 1M COVID-19 vaccine doses in Egypt

EGYPT – Chinese State Councilor and Foreign Minister Wang Yi and his Egyptian counterpart Sameh Shoukry commemorated a ceremony marking the joint production of 1 million doses of COVID-19 vaccine in Egypt. After China and Egypt inked a letter of intent for cooperation on COVID-19 vaccine production in December 2020, a Chinese company signed an agreement with an Egyptian firm and sent technical teams to Egypt to facilitate the local production of the vaccine. Only half a year after the signing of the agreement, the Chinese vaccine was officially put…

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Egyptian e-health startup raises US$7.5m Series B funding to expand operations

EGYPT – Yodawy, Egypt’s leading online health and wellbeing platform, has successfully raised US$7.5 million in a Series B funding to help it expand its product offering and enter new markets. Founded in 2018, Yodawy has introduced a benefits management platform for pharmacies that enables the entire healthcare ecosystem, insurance companies, pharmacies, and pharmaceuticals, to serve a wider customer base, faster.  The platform allows its over 2000 subscribers to have their medicine and products delivered, insurance companies to automate approvals, and pharmacies to boost their sales through e-commerce offerings. “Yodawy…

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