A Nigerian medical startup, LifeBank, has, over the weekend, been announced winner of $250,000 from a Jack Ma Foundation initiative after impressing a 4-man penal to displace others.
The event which took place in Accra, Ghana on Saturday, November 16, during the inaugural grand finale of the Africa Netpreneur Prize Initiative (ANPI), saw 10 African startups contending for $1 million in total grant prize money.
Temie Giwa-Tubosun’s startup, LifeBank, satisfied the panel in a pitch session before a seat of judges formed by Strive Masiyiwa, founder and chairman, Econet Wireless; Jack Ma, founder, Alibaba Group; Ibukun Awosika, chairperson, First Bank of Nigeria; and Joe Tsai, executive vice chairman, Alibaba Group.
With the big-win, Temie Giwa-Tubosun, CEO and founder of the medical logistics startup was decorated as ‘Africa Business Hero’ later in the evening.
Meanwhile, the startup has also revealed its plans to enter into drone delivery services in order to overcome transportation challenges in Africa. The founder disclosed this during the “African Business Heroes” event. In supporting her statement, a mention, about the development, has also been made on LifeBank’s Twitter handle.
However, the startup, with a mission of saving lives by providing hospitals with blood and medical lifesaving medical products on-demand, has announced a maiden drone flight in Ethiopia and not in Nigeria.