As coronavirus exposes humanity to its most challenging health crisis in recent time, it inadvertently introduced an economic opportunity in the health sector.

Tech companies have been vying for stakes in medical-tech companies offering a range of health services including telehealth.

Google has become the latest big name to delve into the health sector economy. The web-search company’s cloud division is investing $100 million in Amwell, a company that builds technology for virtual doctors’ visits.

Amwell connects and enables providers, insurers, patients and innovators to deliver greater access to more affordable, higher quality care.

CNBC reported that the deal will require Amwell to move parts of its business from Amazon Web Services, which it currently uses, to Google cloud. Amwell, formerly known as American Well is choosing Google as its “preferred global cloud partner,” and will move some of its video performance capabilities to the platform, according to the statement issued by the company.

Amwell said it will be working with Google on technology to expand its footprints in the health sector through dedicated sales efforts.

The company has filed to go public and is counting on Google’s cloud partnership to provide efficient service to the increasing number of virtual healthcare seekers.

“Google LLC has agreed to purchase $100 million of our Class C common stock in a private placement concurrent with the consummation of this offering, with the price per share to be equal to the purchase price to the public in this offering,” the company said in its IPO statement.

With the pandemic still spreading in the United States, people are choosing telehealth over in-seeking medi-care at hospitals and clinics; companies like Amwell, Livongo and Teladoc are experiencing a revenue boom and need expansion.

Google Cloud’s Aashima Gupta, the director of global healthcare solutions said she’s expecting further growth in telehealth because of “more favorable reimbursement coverage and consumers looking into this as a viable.” She added that the two companies will introduce more machine learning to the service.

“Imagine you’re in a virtual waiting room, and instead of a clipboard there’s a conversational AI helping you,” she said.

CNBC reported Mayo Clinic and Ascension as Google Cloud’s largest customers in the $3.5 trillion medical sector. Some of their customers also use Amwell for their telehealth services.

Amwell said that coronavirus spurred a surge in the months ended June 30. The average monthly visit volumes and average monthly active providers delivering healthcare on its platform increase over 300% and 400%, compared to the first quarter of 2020.

The company said in its IPO statement that it has powered the digital care programs of 55 health plans as of June 30, 2020. And the plans support more than 36,000 employees and collectively represent more than 80 million covered lives, as well as 150 of the nation’s largest health systems, encompassing more than 2,000 hospitals.

Amwell has been partnering with remote monitoring device makers, such as Philips, to deliver targeted programs for chronic disease management and sleep therapy. It also partners with TytoCare to power an affordable home kit for patient-driven medical exams as part of a primary or urgent care visit.

The company said there is a huge market for its services that necessitated the partnership with Google Cloud.

“We estimate the current subscription revenue market opportunity for health plan and health system customers to be approximately $8.7 billion and $3.7 billion, respectively. There are over 290 million lives enrolled in insurance plans that we have identified as potential subscribers to our platform. We have also identified 802 health systems who would potentially benefit from Amwell platform,” the company said.

Amwell supported the Apple Heart Study conducted by Stanford University. The study produced the Apple Watch heart rate data which is being shared by more than 400,000 consumers for the detection of atrial fibrillation which AMG will follow in case of emergency to refer patients to needed care.

The company estimates the AMG urgent care and telepsychiatry visit revenue market opportunity to be approximately $18.2 billion and $3.9 billion, respectively.

The Lagos State Government has doled out N100 million grants to tech startups and science research initiatives. Governor Babajide Sanwo-Olu had earlier announced N250 million for tech and innovative ideas in the State.

The Governor had outlined six pillars of development for the state that include developing innovative tech ideas and fostering scientific research. It is part of the government’s Smart City plan that is designed to transform Lagos into a 21st digital economy.

Under the care of Lagos State Science Research and Innovation Council (LASRIC), the grant is given to universities in the state with verifiable research pitches and innovators with cutting-edge tech ideas.

The first set of the beneficiaries are expected to proffer solutions to many of the challenges facing the State, including insecurity, environmental hygiene, agricultural technology and COVID-19 containment.

Sanwo-Olu said the initiative aligns with his vision of transforming the State into a Smart City, and urged the recipients of the grants to live up to expectation.

“In December 2019, seven months into the tenure of this administration, we inaugurated the Lagos State Science Research and Innovation Council, (LASRIC), with a seed fund of 250 million naira, in demonstration of our commitment to developing Lagos into a 21st century digital economy and Smart City.

“You are all aware the T.H.E.M.E.S agenda of our administration, which sets out the vision for the work that this administration has been elected to do on behalf of the people of Lagos State.

“The first ‘E’ and the ‘M’ represent ‘Education and Technology,’ and ‘Making Lagos a 21st Century Economy,’ the twin elements that underpin the network of the Lags State Research and Innovation Council.”

The Governor explained that science and technology remain key to his administration’s aim to make Lagos a Smart City and to develop the State in line with modern practices.

Candidates whose applications were unsuccessful were encouraged by the Governor to enroll again, as he promised to increase the fund with time to accept more innovators.

At the conception of the initiative, the state government had promised a transparent process of selecting the beneficiaries. Olatunbosun Alake, Special Adviser to the Governor on Innovation and Technology said only 23 applicants were selected out of hundreds. He explained that the process was transparent even though it’s highly competitive.

Among those selected were PricePally, a food aggregation platform, Doci-HealthCare, GiVo, a circular economy company that offers recycling solutions on IOT devices.

Vanguard listed the names of the research initiatives that include Bioprospecting for anti-COVID-19 remedies from indigenous medicinal plants, led by Abimbola Sowemimo at The African Center of Excellence for Drug Research, Development of Hydrogen Peroxide Biosensors for Detecting Post-harvest Deterioration and Preparation of Chitosan-Derived materials for Cassava Shelf-life Elongation, led by Wesley Okiel at the University of Lagos, and The Production of Fortified Municipal Solid Waste Derived Compost (MSW-C) for amending Soil to improve Nutrient Release and Plant Growth, led by Akeem Abayomi at UniLag, among others.

LASRIC Chairman, Professor Oluwatoyin Ogundipe, said the initiative is an evidence of the governor’s commitment to the State’s development through innovative ideas. He added that the event is also an evidence of the innovativeness of Lagosians.

However, as applause greeted the successful applicants upon receiving their checks, others worry if the initiative will be sustained. There has been a lot of concern about Lagos State policies on tech and innovative businesses recently that many believe that the future of innovative ideas is not assured in the State.

The ban on motorbike ridesharing business in the State and the recent taxation imposed on e-hailing taxis are regarded as anti-innovation policies capable of discouraging inventors from establishing their ideas in Lagos.

There is concern that, although the ideas have been funded through the state government’s grants, future policies may hinder the growth.

The Founder of Christ Embassy – a big church in Nigeria with a global spread, Pastor Chris Oyakhilome, made some statements recently that really caught my attention….actually, it got me thinking.

In a telecast to members of his church, Oyakhilome said:

“Maybe I should tell you something, those of you that say black lives matter, I feel sorry for you! Do you really believe you have a black life? Do you want me to read to you the meaning of black?

Who called you Black? Shouldn’t you have rejected that from the beginning? A contradiction, a bundle of contradiction. You refused negro and nigga…. but that is what black is. You took the English version.

Negro means black. Do you know what black means…. Have you seen black? Black means the absence of colour, absence of good, absence of light and absence of direction. Black is not a colour but the absence of colour.”

There is global agreement that words are powerful. Words can create and break down. Words can be a sole decider between what is possible and what is not possible. Words have psychological implications, and for those who believe there is more to this life than the obvious, words have spiritual implications.

Maybe by a single word – “Black”, Africans have accepted a personal and social definition that has inadvertently created foundational dysfunctionalities that could explain the ugly realities of our political, social and economic lives.

Black is synonymous with darkness and none of these represent anything good. Literally, it is an unadmirable colour, and figuratively, it truly represents an absence of good, an absence of light and an absence of direction – something that sharply defines the reality of the African existence compared to the other continents of the world.

There are many Africans whose complexion are not dark, yet they are referred to as Blacks.

Even in cases where the complexion of an African man is dark, does it make sense to refer to him/her as a black man? Is the colour of his eyeballs also dark? Or would you call him a white man because his eyeballs’ colour are white? Is the colour of his blood dark? Or would you refer to him as a red man because the colour of his blood is red?

So why should an African or anyone of African origin/linkage be referred to as a black man/woman? Where is the rationale?!

The description of Africans as Black was never a natural phenomenon. It was an artificially created adjective that has its source in the African colonial heritage.

To better understand the fraud and ill-intention behind this adjective, the Europeans, Americans and almost anyone who is not of African origin or do not have traces or linkage to Africa are usually referred to as White men.

Well, I’ve seen white colour, I know what colour is called ‘White’, I know how ‘White’ looks –  and from that knowledge, I know there is no human being that is white in complexion.

But it fits into the narrative the colonialists and the West wanted to create and that narrative still hold strong till date.

Pastor Oyakhilome could be right in many ways than we realize. A black man can’t be capable of running a structured government that exist in the service of his citizens, a black man can’t be incorruptible in public or private service, a black man can’t be capable of leading any advancement in ingenious knowledge and technology, a black man can’t respect the fundamental human right of his fellow citizens, a black man can’t practice religion without intolerance for people of different faith……

What good can ever come out of a man tagged with a colour that represents the opposite of good?

Words are powerful and maybe this ‘Black’ tag is part of the African foundational issues.

It is for these reasons that I affirm that I am not a black man and there are no black men. I am an African man and the only adjective that holds true is the African adjective.