Rwanda’s EdenCare receives Proparco funding
EdenCare operates as a digital health insurer.
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French development finance institution Proparco is providing USD-equivalent financing of €250,000 to EdenCare, Rwanda’s first licensed digital health insurer. The investment will support the company’s expansion in Rwanda and Kenya.
Founded to address the structural inefficiencies of the region’s health insurance market, EdenCare operates as a primary health insurer, offering digital health coverage solutions tailored to small and medium-sized enterprises, while also developing a B2B SaaS platform designed for other insurance providers.
Alongside its insurance branch, EdenCare has developed an insurtech platform that automates claims management through artificial intelligence, reduces fraud and enables real-time integration with healthcare providers. Today, the platform is connected to 70% of Rwanda’s healthcare facilities, representing more than 1,300 hospitals and clinics, as well as more than 600 healthcare facilities in Kenya.
“By supporting EdenCare, we are contributing to a concrete shift in access to healthcare for underserved workers and businesses in East Africa. In a context where fewer than 16% of Rwanda’s population has private health coverage, EdenCare’s model demonstrates that inclusive insurtech is both impactful and commercially viable. This is exactly the type of innovation that Proparco seeks to support across the African continent,” said Fabrice Perez, head of financial institutions and innovation at Proparco.
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