It is our utmost pleasure to announce that NaiHealth has been officially selected as one of the grant recipients of the Tony Elumelu Foundation (TEF) in Nigeria. Established in 2010, the Tony Elumelu Foundation (TEF) is Africa’s private-sector-led philanthropy championing Entrepreneurship and Entrepreneurs across the African continent. The Foundation’s long-term investment in empowering African entrepreneurs is emblematic of Tony Elumelu’s philosophy of Africapitalism, which positions Africa’s private sector and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent. NaiHealth was selected among others out of about 216,000 applications across 56 African countries.
NaiHealth selected for Tony Elumelu Foundation grant support
NaiHealth was established in December 2018 as a partnership between Funmi Omisope and Kikiope Oluwarore to provide community-based micro-health insurance packages that would promote easier access to affordable health services, products and deliverables. The social enterprise was founded by both partners as a result of their mutual passion and joint activities working with disadvantaged communities in Nigeria. The Tony Elumelu grant will be utilized to fund the current phase of activities and deliverables that would ensure the successful running of the social enterprise. These include completion of the NaiHealth software and deployment to existing and potential partner hospitals, promotion of NaiHealth packages in the first cohort of target communities and retail of relevant health products and deliverables. The Tony Elumelu Foundation grant will also provide mentorship, business and leadership training for NaiHealth.
Current health statistics in Nigeria point to the deteriorating capacity of the health system, with an estimated infant mortality rate at 69/1000 live births; under-five mortality rate at 109/1000 live births; maternal mortality ratio at 814/100 000 live births; average life expectancy for men and women at 53 and 56. We look forward to an exciting year working with the Tony Elumelu Foundation even as we jointly seek to promote health and sustainable development in Nigeria and Sub-Saharan Africa.
Read here for more information about NaiHealth and our progress so far.