Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

E-Business

MDaaS Global Secures $3M to Transform Healthcare Access across Nigeria

Published

on

Kindly share this post

MDaaS Global, a pioneering healthtech company and operator of Nigeria’s fastest-growing healthcare network – BeaconHealth Diagnostics, has raised a $3 million Pre-Series A round of financing.

The round was co-led by Aruwa Capital Management and follow-on investor Newtown Partners. It also landed additional follow-on investment from Ventures Platform, one of the company’s earliest institutional investors. This new round of financing brings MDaaS Global’s total investment to date to $6.8 million.

The additional capital will be used to further develop the company’s proprietary technology platform, BeaconOS, which it launched last year, and to expand its healthcare network to all 36 states in Nigeria through a mix of company-owned and affiliate clinics.

This strategic move propels MDaaS Global closer to its mission of democratising access to high-quality diagnostics and healthcare services across the continent.

With a focus on reaching underserved communities, MDaaS Global launched its first diagnostic clinic in 2017, providing imaging, cardiac, and laboratory services. Since then, the company has experienced remarkable growth, expanding to 17 locations across 10 states in Nigeria.

Through a combination of its technology backbone and distributed care network, MDaaS Global has served over 275,000 patients to date and currently supports over 1,300 healthcare facilities, companies, and HMOs who rely on BeaconHealth for their diagnostics needs.

BeaconOS, the company’s latest technology, serves as the digital backbone of MDaaS Global’s healthcare network, akin to a computer’s operating system, that optimises and connects their physical clinics, which act as the ‘hardware.’

Built on top of BeaconOS are a suite of applications designed both to streamline healthcare delivery at BeaconHealth clinics and to digitally integrate with the company’s diverse network of partner organisations.

Last year, MDaaS launched its first application, called Olewerk, for optimising diagnostic workflows, currently deployed across all of their 17 locations, and developed its first partner-facing application, Beam, which enables its corporate partners to seamlessly manage occupational health for their teams.

Speaking on the company’s technology strategy, CEO Oluwasoga Oni shared, “Years of operating within Nigeria’s healthcare system have given us a deep understanding of its challenges and points of friction. At MDaaS Global, we’re leveraging this experience to develop technology uniquely tailored to the African healthcare experience.

“BeaconOS isn’t just about solving our own challenges; it’s empowering our patients and partners with solutions customised to their needs and revolutionising healthcare delivery across Africa.”

With this injection of capital, the company will develop new applications on the BeaconOS platform that solve critical issues in the healthcare system:

An affiliate clinic portal will facilitate collaboration with partner clinics across the country, allowing for real-time patient referrals, seamless results management, and standardized quality control. This digital integration will enable rapid expansion of MDaaS Global’s clinic network and broader access to high-quality diagnostics services for communities across Nigeria.

MDaaS plans to build and launch digital integrations with Health Maintenance Organizations (HMOs), aiming to disrupt the traditionally manual and inefficient authorizations and claims processes.

Finally, the company is developing a patient-facing application that allows patients to book visits at MDaaS-owned and affiliate clinics, view their results, access follow-up care, and manage their health insurance enrollments – all from one central portal.

The need for improved diagnostics across Africa is critical. In 2023, the World Health Organization (WHO) Regional Committee for Africa estimated that only about 30% of health facilities in Africa have the necessary equipment to perform basic diagnostic tests, with marginalised and underserved populations being the most affected.

Concurrently, the organisation identified the availability of and access to diagnostic and laboratory services as one of the key pillars to achieving universal health coverage.

Adesuwa Okunbo Rhodes, Founder & Managing Partner at Aruwa Capital Management stated, “We are thrilled to partner with MDaaS Global on their mission to revolutionise healthcare delivery in Africa. MDaaS’ track record of consistent and impressive growth, as well as their dedication to bringing high-quality diagnostics to high-need patients, resonated deeply with us.

“As a gender-lens investor, we are especially excited to support a company that is driving change for women across Nigeria – over 60% of BeaconHealth patients are women, predominantly of reproductive age – and MDaaS shares our commitment to building gender-diverse teams.”

Llew Claasen, Managing Partner at Newtown Partners shared, “At Newtown Partners, we invest in companies with the potential to make transformative changes in their industries, and MDaaS Global exemplifies this ethos. Since first investing in MDaaS in 2021, we have been continually impressed by their ability to grow in a challenging market, their insightful approach to technology development, and their ambitious vision for expanding healthcare access across Africa. We are excited to further support MDaaS in their journey and are confident in their ability to deliver value to patients and stakeholders alike.”

Oluwasoga Oni concludes, “Expanding our network across Nigeria is about more than just growth; it’s about democratising access to quality healthcare. With scale comes affordability, reach, and the ability to drive systemic change. At MDaaS Global, we’re not just building clinics or software; we’re building a healthier future for all Nigerians, and hopefully, all Africans.”


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

E-Business

Equinix Launches LG2.3 Data Centre in Nigeria

Published

on

Equinix officials at the launch
Kindly share this post

Equinix, global digital infrastructure company, has launched a cutting-edge LG2.3 data centre in Lagos aimed at fueling Nigeria’s booming tech scene.

Equinix Launches LG2.3 Data Centre in Nigeria

Equinix officials at the launch

The data centre is designed to provide businesses with secure, reliable, and high-performance colocation and interconnection services, crucial for supporting the increasing demand for digital services across the region.

Nestled in the bustling Lekki Free Zone, LG2.3 is packed with the latest tech, offering businesses the secure and lightning-fast connections they crave. Think of it as the engine room for Nigeria’s online world, designed to handle the explosive growth of digital services.

The launch featured Bruce Owen, president, Equinix’s EMEA, who cut the ribbon to open the data centre.

“Nigeria is our focus,” Owen declared, emphasizing Equinix’s dedication to powering the nation’s digital growth. “The energy here is incredible, and we’re excited to be part of it.”

On his part, Wole Abu, managing director, Equinix’s West Africa, echoed this sentiment highlighting the increasing global demand for digital infrastructure.

“Africa is on the cusp of a digital explosion, and we’re here to support that growth,” he said.

Nigeria’s digital adoption is skyrocketing, driven by a young, tech-savvy population. Businesses are racing to embrace online platforms, and LG2.3 is perfectly positioned to meet their needs.

This investment is set to create a ripple effect, boosting the economy, creating jobs, and fostering innovation.

LG2.3 is set to be a beacon for Africa’s tech potential.

Equinix’s confidence in the continent aims to attract more global players, turning Africa into a digital powerhouse.

This data centre will act as a vital connection hub, empowering businesses to connect and collaborate, bridging the digital divide.

Equinix’s vision extends beyond Nigeria, with plans to expand across Africa.

strategic move reflects their commitment to building a connected and thriving digital ecosystem.

The success of LG2.3 is a testament to the power of public-private partnerships, with the Nigerian government playing a crucial role in attracting investment.

As Nigeria marches towards a digital future, Equinix’s LG2.3 data centre will be a key driver of progress. It’s a powerful symbol of Nigeria’s digital ambition and a catalyst for Africa’s tech revolution.

 

 


Kindly share this post
Continue Reading

E-Business

Microsoft Marks 50th Anniversary with Major Copilot AI Update

Published

on

Kindly share this post

Microsoft is celebrating its 50th anniversary with a major leap forward into artificial intelligence, unveiling significant updates to its AI assistant, Copilot.

Microsoft Marks 50th Anniversary with Major Copilot AI Update

The announcement was made on April 4, 2025, at the company’s headquarters in Redmond, Washington, marking a milestone for both Microsoft and the AI industry.

As the tech giant celebrates its golden anniversary, the company is setting its sights firmly on the future, particularly with its AI-driven tools.

Microsoft’s Copilot, which has been integrated into various software tools across its ecosystem, has now received a significant upgrade.

The new features aim to make the Copilot assistant more intelligent, personalised, and proactive, which positions Microsoft as a serious competitor in the AI space against other industry leaders such as OpenAI’s ChatGPT and Anthropic’s Claude.

Mustafa Suleyman, head of Microsoft’s AI division, expressed the company’s ambition, saying, “We envision Copilot not just as an assistant, but as a long-term AI companion, one that can learn, adapt, and evolve alongside its users. This goes beyond just responding to commands; it’s about fostering relationships between users and their AI.”

The most notable update to Copilot is its new memory functionality. Now, the assistant can retain information such as preferences, previously used commands, and even personal context, making it more responsive and efficient in future interactions.

This means Copilot can, for example, anticipate a user’s needs based on past behaviours, from scheduling meetings to suggesting restaurants for a night out.

In addition to the memory features, Copilot’s new “Vision” capabilities extend the AI’s functionality across multiple platforms. Windows and mobile users will now be able to interact with Copilot using both the camera and on-screen elements.

This includes actions such as booking appointments, managing tasks, and even shopping online — all in a more interactive and seamless way.

 

Scott Guthrie, Microsoft’s Executive Vice President, shared his enthusiasm about the potential of these advancements, stating, “With these new capabilities, we’re not just reacting to AI’s capabilities — we’re shaping the future of how users interact with technology. AI can do so much more than just assist with tasks. It can enrich the human experience.”

The updated Copilot is designed to challenge industry competitors like ChatGPT and Claude, offering more personalised and context-aware interactions.

Microsoft has positioned its Copilot as a tool that not only assists users but builds a deeper, more intuitive relationship over time.

The company has also placed a strong emphasis on AI accessibility. With AI’s growing role in everyday tasks, Microsoft aims to make it easier for users to adopt and benefit from these technologies, regardless of their technological proficiency.

Despite past challenges, including legal disputes over privacy and AI ethics, Microsoft continues to push boundaries in the AI space. Guthrie remarked, “This is just the beginning. As we continue to innovate, we are reshaping how people work, interact, and live with technology.”

With Copilot’s advancements, the tech giant hopes to continue its legacy of innovation, making AI tools accessible and useful for people around the world.


Kindly share this post
Continue Reading

E-Business

Report Suggests a Slash in Mobile App Usage By 2027 Due to AI Assistants

Published

on

Kindly share this post

By 2027 mobile app usage will decrease by 25 per cent due to AI assistants according to Gartner, Inc. Smartphone users will turn to AI assistants, such as Apple Intelligence, ChatGPT, Google Gemini, Meta AI, and others to replace apps for many functions.

In addition to the impact of AI assistants, apps will be consolidated across separate brands and companies, creating mobile app partnerships or consortiums to reach more users per app at scale and defray the cost of creation and maintenance.

“CMOs should begin scenario planning for the impacts of decreased mobile app usage,” said Emily Weiss, Senior Principal for the Gartner Marketing Practice.

“Brands with low app engagement and retention will likely be first impacted – this will be a positive development for brands that are not overly reliant on driving revenue via apps as app development costs will decrease.

Other brands may be severely impacted by the disintermediation of users turning to AI assistants for services. The loss of app users will also result in the loss of first-party data collection and the ability to reach fewer users via mobile push notifications,” Emily added.

By 2026, Over 1/3 of Web Content will be Created for the Purposes of Gen-AI Powered Search According to Gartner’s 2024 CMO Spend Survey of 395 respondents between February and March 2024, the average CMO allocated almost a quarter of their digital marketing budget to search.

Other than end users directly visiting a website, search currently drives more traffic to the average commercial enterprise website than any other referral source.

Given this, a loss of search driven traffic due to algorithmic shifts by major search engines would result in tangible, negative commercial impact to any organisation.

“CMOs will need to direct their teams to hire talent with a strong understanding of how GenAI, and broader AI influences, impacts the performance of their content in search algorithms,” said Weiss.

“It will be important to upskill the function by investing in search and content talent with AI skillsets. These associates will need to have familiarity with creating or optimising content to train and rank within evolving search algorithms,” she said.

By 2028 digital Mlmarketers will move 30 per cent of their paid social budget to support advertising and partnerships on subscription-based channels It is becoming more challenging for CMOs to maintain, let alone grow, their reach and engagement among consumers.

This is especially true as consumers shift their tech and media behaviors away from social media, to other platforms and subscription based channels.

Gartner’s 2024 CMO Spend survey found that since 2022, paid social has maintained the highest budget allocation for all digital media spend. In 2024, B2C Marketing leaders reported allocating 14.3 per cent for their digital channel budget to social media advertising (an increase from 12.3% in 2023).

“Closed group communities and subscription channels of – fer a potential alternative for social media weary consumers and content creators who want to do more than feed the algorithm,” said Weiss.

“Brands can leverage closedgroup subscription channels – such as Substack, Patreon, and Discord – and the professional creators on them to reach relevant target audiences who are already engaging with content they self-selected into consuming,” she added.

Current AI models, such as large language models (LLMs), lack the agency to autonomously execute tasks and adapt in complex environments.

However, as new levels of intelligence are added, new AI agents are poised to quickly become more capable and reliable as brands seek to address customer facing use cases.

“There will be more AI agents than people, so while current approaches require humans in the loop, this idea will quickly become antiquated.

Marketers will need to determine when and how they can trust AI agents to act on behalf of the brand and customers across key areas,” said Weiss.


Kindly share this post
Continue Reading

Trending