Black Pearl Global Investments, a US based asset management and venture capital firm, has reiterated their growing appetite to support players in the healthcare sector in the region. The firm’s top officials said that they had taken cognizance of efforts by several actors struggling to solve the challenges in the sector.
“There is so much talent here making great strides against the multitude of factors that affect healthcare and we want to support these organizations, institutions, and startups to the best of our ability,” observed Dr. Shanté Williams, CEO of Black Pearl Global Investments during a two-day African healthcare conference that concluded on Friday in the capital, Kigali.
The first conference of Black Pearl Global Investments held at Norrsken Kigali House and African Leadership University (ALU) ran under the theme: African Healthcare: Lessons from the Continent.
“We are excited to have hosted our first healthcare conference in Kigali and we look forward to continuing conversations to explore opportunities to partner with organizations in the region,” added Dr. Shanté.
The venture capital firm also signed a Memorandum of Understanding with Norrsken to explore collaboration opportunities, and partnered with ALU to host a student pitch competition.
They awarded three student ventures a one-year mentorship and cash prizes totaling $5,000.
This conference that attracted healthcare practitioners and professionals, students, healthcare professionals, government officials, and tech entrepreneurs discussed the current state of healthcare in Africa, innovative solutions among others.
Key contributors at the conference included panelists from the US, Ghana, Nigeria, Ethiopia, and Rwanda with representatives from the Ministry of Health, the World Bank, African Development Bank, Kigali International Finance Center, Partners in Health, and numerous health tech companies.
Black Pearl is a $25M Venture Capital Fund headquartered in Charlotte, North Carolina with operations in Africa and the Caribbean. As part of their larger endeavor to expand their African presence, Black Pearl was also in Rwanda to explore possible partnerships and investments.