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Digital Trend in Nigeria Shows USSD and Instagram Becoming Dominant

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Nigeria’s version of Mary Meeker’s Internet Report has been published. Terragon does this yearly and this year’s one continues to show that Nigeria is making progress, digitally. If you read through this report, one thing is clear: Instagram is going to be huge in Nigeria and USSD has already eclipsed app in financial services. If you have 198 million citizens with close to 100 million adults and each has a phone (105 million mobile unique users), you have many things there for USSD. USSD wins because those bank apps are pursuing about 38 million people which own smartphones. Simply, if you are a bank with no USSD product, your bank app (which requires a smartphone) gets you to about 1/3 of your potential market target. You are losing even before you begin.

From the report…

“I always Play everyone as the Greatest, so I have to be GREATER” Serena Williams [video]

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This is Serena Williams’ answer to a question “… if she minded always being the one to beat”.  There is something to learn from that short video interview on what it takes the greatest among us to remain on top. For her, all her opponents are greatest. She has to be Greater to win. Those words communicate tenacity, resilience and valor. Yes, in schools, we do not make As because we are the smartest in class; we make A because we stretched the limits a little more. That is why most professors would not hire lazy students in their labs: besides raw academic brilliance, tenacity is what takes you through elite PhD programs.

Watch it from the words of the generation’s finest woman tennis player.

Part of her answer (video below).

 

 

 

 

Nigeria’s Startup Funding Geography: Foreign, Grants, Fintech, and AgTech

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Nigeria startup funding

Nigerian startups are doing just fine in raising capital. Financial services technology (fintech) and agriculture technology (agtech) sectors are where the funds are going. The big cheques remain foreign while grants top the funding type (see plots below). Can you see FCMB funding security startups? Diamond Bank puts money in Beat Drone.

If you sum the whole money, the total raise was $73.6 million in Q2 2018, about 700 percent jump from Q1 2018.

Let me say this: everyone keeps missing the Tony Elumelu Entrepreneurship Fund which makes it data readily available online for anyone to pick the ones going to Nigerian startups. I think that should be captured as part of the funding volume. It is $10 million per year in Africa, and Nigeria gets at least 20-40% of that pile yearly.

Startup Funding Nigeria

Techpoint put this together and you can read the full report here (PDF).

We’re Hiring Medical Officers for Health-tech Startup, Medcera

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My health-tech startup, Medcera, launches on Aug 1 2018. We are looking for Medical Officers of this company to be stationed across the nation. Medcera is American venture-backed but is totally Nigerian.  I received funding from executives of JP Morgan Chase, KPMG USA, Boeing and other leading U.S. companies.

Our goal is simple: improve African healthcare delivery by simplifying the processes with technology. Medcera is absolutely free (unless you want minor brand customization) to doctors, clinics, labs, imaging centers, pharmacies, etc. We engineered a top-grade electronic healthcare record system with capabilities to connect to other healthcare nexus. Every patient has a portal to manage appointments, pay bills, chat his/her doctor, and more.

We make money through population-level AI driven health analytics which runs at the highest level of industry privacy and security. For example, Medcera can tell you how many people were treated for malaria yesterday in Nigeria for people in our network. That can help government plan. The era of guesswork in health policy-making is over.  We can detect an outbreak in real-time.

The CMO will report to me (Chairman, Fasmicro Group) and would lead business development and partnership interfaces with the healthcare sector. Because Medcera supports labs, pharmacies, imaging centers and indeed all elements of the healthcare sector, we are looking for someone who has taken that Hippocratic Oath, Board-certified and yet humble to connect with others (potentially lower) in the healthcare chain.

The job will either be in Aba or Owerri (we are also looking at Lagos though). But since this is a cloud-based solution, we are recruiting partners/networks across the country for physical validations of any practitioner in our network.

If interested, please email job@fasmicrogroup.com with your CV. Please help me share with people in your network.

About Medcera

To learn more about Medcera, please click here for our products, features and more.

The Job Description

Medcera is an Africa-focused cloud-based electronic health record (EHR) platform for doctors, partners and patients, with a mission of connecting doctors, partners, patients and data to drive better health and save lives. The mission of the firm is to redesign healthcare in Africa through process innovations. Our platform streamlines person-centered care/case and disease management and drives appropriate resource utilization through interdisciplinary collaborative workflows, broad spectrum interoperability, patient engagement, and configurable analytics and reporting. Medcera empowers healthcare organizations to achieve enhanced outcomes while maximizing efficiency, improving transparency, and lowering costs. For more information, please visit Medcera.com (still on beta).

The Position

  • Provide guidance with regard to matters pertaining to clinical data, medical interaction, and health regulations as they relate to the company’s products and services.
    • Provide operational support and serve as clinical advisor and educator to teams including sales and marketing regarding clinical and nonclinical events, clinical protocol development and design and evaluation of post market studies.
    • Envision the application of new and existing technologies in novel ways to solve complex medical problems.
    • Furnish advice regarding the specifications, usability, workflows, and procedures built into the company’s products and services.
    • Identifies opportunities for leveraging technologies for improving patient access, quality metrics and manages outcomes through evidence-based metrics.
    • Serve as a subject matter expert with regard to the usage, effectiveness, and suitability of the company’s products and services in various clinical settings.
    • Participate in high-level meetings and discussions with representatives from health plans, provider systems, integrated delivery networks, physician associations, hospitals, employer groups, health agencies, international health organizations or any other healthcare organization.
    • Engage with and support the company’s sales, business development, marketing and public relations effort.
    • Collaborate effectively with other company executives and add value with respect to strategic discussions, product refinements, and key business decisions
    • Keep ahead of emerging models in health care delivery.
    • Identify and design new innovative strategies to achieve business goals and objectives.
    • Develop and implement strategic goals related to quality improvement, management compliance programs and accreditation standards.
    • Assist with analytics and development of quality measures for new payment models including value based/ risk based structures.

The Candidate

  • Established reputation with combination of medical and administrative/management experience in a clinical setting
    • MD
    • Current unrestricted license to practice medicine, and Board certified
  • 3+ years clinical experience.
    • Extensive contacts within the industry covering a broad range of healthcare organizations.
    • Exceptional communication, presentation, and interpersonal skills coupled with a demonstrated ability to effectively express complex technical and scientific concepts.
    • Comfort with the basics of IT and a high-level understanding of health information technology, including care management and population health management
    • Publication and public speaking experience.
    • Good understanding of quality metrics requirements and how technology can be used to monitor and improve metrics.
    • Demonstrated success in establishing clinical best practices and care models to achieve value based care standards.
    • Prior practice management, quality, data analytics and managed care experience.
    • Excellence in scientific rigor and clinical development skills.

The Compensation

  • Competitive salary
  • Rapidly growing technology company with upside potential

If interested, please email job@fasmicrogroup.com with your CV.

Medcera is Looking for Partners in Africa and Nigerian States

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We are looking for partners across Africa and some Nigerian states who can work with us in their countries or states to deploy Medcera at scale. Partners must have deep business development networks and contacts in the healthcare sector and with operational structures in their domains.  

Medcera is a web-based EMR (electronic medical record) and EHR (electronic health record) system with patient portal. Our technology supports pharmacies, health insurers, labs, imaging centers, chemists, clinics, hospitals and indeed any entity in the healthcare sector. With Medcera, all the clinics and healthcare entities are integrated; if your data is in one clinic, it is also available in another clinic once you approve for the clinic to access it. We have made it possible that you do not need paperwork from one clinic to another. Medcera is backed by U.S. investors.

Medcera supports large and small clinics, dentists, labs, pharmacists, and imaging centers to move their operations into the digital ecosystems where they can increase productivity, lower costs on medical information management, improve quality of care and employee/patient safety. Also, Medcera offers health insurance solution enabling integration of physician, billing, insurance, government receipts and other components of health insurance delivery in one system, at private and public levels. All Medcera systems run on the cloud with no requirement for any installation. It is supported with bank-level security.

Key Features

Medcera Fusion: Free, web-based electronic health record (EHR) software for physicians and medical professionals. The EHR system includes medical charting, e-prescribing, clinical decision support advisories, online booking and scheduling, online referrals and messaging. Its lab, imaging, and billing modules integrate with a network of third-party laboratories, medical imaging centers and medical billing service.

Medcera PatientPersonal health record (PHR) system that gives patients access to their prescriptions, diagnoses and test results (as needed). Records update as physicians add information to their
patients’ charts. Consumers can search physicians by location and specialty, request an appointment and also pay hospital bills online.

Medcera Insights: An analytic product based on Medcera Fusion dataset of patient records at population level which is anonymized and aggregated. Real-time data provides perspective on clinical trends and helps with population health management and clinical decision support. Helps governments see disease outbreak as quickly as it happens. It is built with top-grade AI engine that improves population health.

Medcera Connect: A non-EHR designed for non-physicians structured for imaging centers, pharmacies, dentist practices etc making it possible for these entities to connect with Medcera Fusion. The goal is to provide full electronic interface with the EHR for any approved organization in the healthcare sector.

We would like to work with you. Email medcera@fasmicro.com explaining the country/state of interest with explanation on the depth of your network. Medcera is scheduled to go live Aug 1, 2018 on Medcera.com. We have started offering demos to major partners. You would be compensated for your business development services to Medcera.

Medcera Patient Card (source: Medcera)