Orange and AXA acquire Moroccan health startup DabaDoc
Orange Middle East and Africa and AXA Assurance Maroc have jointly acquired Moroccan e-health startup DabaDoc, and plan to help the platform scale across Sub-Saharan Africa and the Middle East.
Founded in 2014 by Zineb Drissi-Kaitouni and Driss Drissi-Kaitouni, DabaDoc offers solutions for healthcare professionals to digitize access to healthcare in Morocco, Tunisia, and Algeria.
The platform is now set for further expansion after seeing Orange and AXA – which invested in DabaDoc – jointly take a majority stake in the company, with the transaction expected to close in the third quarter of 2021.
DabaDoc will utilize the partnership to scale further across Sub-Saharan Africa and the Middle East, aided by Orange’s technological support and AXA expertise in healthcare.
“DabaDoc, a leading health-tech platform in Africa, is supporting the digital transformation of healthcare professions. Orange’s investment in DabaDoc and AXA’s renewed investment will strengthen DabaDoc’s growth ambitions through Orange and AXA’s presence in Africa and the Middle East. The pandemic has strengthened our belief that the digitalization of healthcare services is essential and inevitable,” said Zineb Drissi-Kaitouni, co-founder and chief executive officer (CEO) of DabaDoc.