Health tech firm Viebeg expands into Central and East Africa
Viebeg Technologies, a health-tech business, is expanding into Central and East Africa to help healthcare facilities acquire goods in real time.
Viebeg is known for its data-driven procurement system, VieProcure, which allows for the effective distribution of medical supplies, equipment, and medications, addressing healthcare industry supply chain concerns.
"We are currently expanding into other countries of East Africa, including Kenya, Burundi, and Congo, and serve over 500 establishments. The company intends to expand throughout Africa," said chief commercial officer, Alex Musyoka.
Last year, the Johnson & Johnson Foundation's impact fund, Johnson & Johnson Impact Ventures, invested in Viebeg Technologies.
The decision to expand is motivated by issues in Central and East Africa, where healthcare systems and providers struggle to procure and retain crucial medical equipment and supplies in stock, says the company.
As a result, patients in underserved communities have limited access to critical diagnostic and therapeutic treatments, which can lead to unnecessary deaths and other unfavourable health outcomes, says the company.
Musyoka and CEO Tobias Reiter founded the company in 2018 to help hospitals, clinics, and healthcare providers manage and extend their supply of medical items, devices, and equipment that are crucial to serving the complete range of patient demands.
The health-tech company is currently serving more than 1,000 hospitals, clinics, pharmacies, and healthcare professionals in Rwanda, Kenya, and the Democratic Republic of the Congo.
David Higgins, investments director at J&J Impact Ventures, says: "When medical supply chains fail, clinicians have limited ability to care for their patients, resulting in poor health outcomes. We're combatting this with comprehensive offerings and AI-powered analytics. When providers have all of the necessary equipment and resources, they can better serve their patients, which is the ultimate goal."