This Nigerian startup wants your DNA to rewrite global medicine
Syndicate Bio launched in September 2023 to enhance genomics and precision medicine in Africa. The company aims to address the lack of African genomic data, which hampers disease prevention and treatment.
Condia Insider: Why African healthtech is struggling
Ilara Health in Kenya has laid off staff after restructuring despite securing a $4.2 million funding round. Medsaf in Nigeria has shut down due to struggles with fundraising and unpaid invoices.
Faced with a failing currency, this Nigerian startup found a global market for IT equipment
Francis Osifo faced challenges in sourcing a laptop for an employee in Kenya while at 54gene, leading to a two-month customs delay. After leaving 54gene, Osifo founded Rayda to provide visibility into asset management for businesses.
54Gene founder sues investors over company collapse
54gene founder Abasi Ene-Obong sues investors over the company's collapse and asset sale. A Federal High Court in Lagos intervenes to stop the sale of 54gene's assets, including sensitive genetic data.
Nigerian court stops 54gene asset sale as founder accuses investors of collapse
A Federal High Court in Lagos has stopped the sale of 54gene’s assets. Founder Abasi Ene-Obong filed a lawsuit against investors alleging forced collapse.
