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Interswitch raises N305m, sets up food banks

Gideon Remigius-Iwu by Gideon Remigius-Iwu
May 4, 2020
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One of Africa’s leading integrated payment and digital commerce player, Interswitch, has announced a series of intervention measures as part of its efforts to help contain the spread of the coronavirus pandemic.

The company, in a bid to make a difference, raised N75m in an employee-led effort and the company adding N230m. This brings the total fund raised by the company to support the fight against COVID-19 to N305m.

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According to the technology-driven firm, in a statement, the fund is “being deployed to provide support to federal and state governments as well as private sector-led initiatives. The primary focus of the fund is supporting the creation and equipment of isolation centres, purchasing COVID-19 test kits, providing personal protective gear and offering related support to frontline health workers and set up food banks for underprivileged communities in Lagos.”

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Further, Interswitch has leveraged its core capabilities, as a technology company and systems integrator, to launch eClat healthcare initiative. The software application is user-friendly and locally nuanced, which is useful for members of the public as a frontline intervention for the assessment of risk and pre-disposition to the novel coronavirus infection.

The eClat Healthtech solution supporting state governments’ response to COVID-19 has been implemented in 20 states across the country. Lagos State’s Eti-Osa isolation centre, among other centres in Edo, Ogun and Oyo states, has deployed the application.

Commenting on his firm’s interventions roll-out, the founder and Group Chief Executive Officer, Mitchell Elegbe, said, “Our efforts are underpinned by the realisation that this pandemic, if unchecked, is a potent threat to interactions, which facilitate entrepreneurship and commerce, without which inclusive prosperity will remain a pipe dream.”

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Gideon Remigius-Iwu

Gideon Remigius-Iwu

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