Morocco-based healthtech company ABA Life has signed a $40 million investment agreement with pan-African private equity firm Admaius Capital Partners, subject to customary closing conditions and approval from Morocco’s Competition Council.
Founded in 2021, ABA Life is the healthcare arm of ABA Technology, founded and chaired by Mohamed Benouda. The company combines artificial intelligence, medical technology, telemedicine, connected healthcare infrastructure and clinical services.
According to the announcement, ABA Life has built a profitable integrated model through healthcare programmes developed with public institutions and foundations to expand access to medical services.
The investment will support the company’s “AI for Sovereign Health” programme, including its Mediot AI platform and clinical intelligence solutions. It will also fund the wider deployment of ABA Life’s healthcare technologies and services, as well as its expansion into international markets.
Benouda said the funding marks a shift toward acceleration and internationalisation, with the company aiming to develop clinical intelligence in Morocco and take it to global markets.
Admaius said ABA Life’s combination of healthcare operations, proprietary technology and connected infrastructure was central to its investment decision.
Source: Wamda
