News Release
- ALL
- Press Release
- Seminar/AAIC Content
- Media
- Investment Information
- Recruitment/Others
- 3 December 2025NewsRepresentative of the Kenyan subsidiary, Ishida, spoke at "Making More Health Together 2025" held in Germany.
- 5 November 2025NewsFive AAIC fund portfolio companies selected as one of Time magazine's 100 World's Top HealthTech Companies of 2025
- 26 September 2025NewsDouble Award for AAIC Portfolio Company, Rology at the “Africa Month in Kobe – Africa Business Forum 2025”
- 17 September 2025NewsCEO Tsubaki Speaks at the " Economic Partnership in Indian Ocean-Africa Forum - Towards African prosperity through Japan-Indian Ocean collaboration " Hosted by Nikkei Inc. (Event Report)
- 9 September 2025NewsAt TICAD 9, two AAIC Africa Healthcare Fund investment companies signed MoUs with Japanese companies (Implementation Report)
- 28 July 2025NewsAAIC Investment invests in AI-powered fetal ultrasound analysis platform DeepEcho , which receives 510(k) clearance from the U.S. FDA
- 7 July 2025NewsThree AAIC Fund Portfolio Companies Selected for Financial Times' Africa's Fastest-Growing Companies 2025
- 20 June 2025NewsRaises US $9.6 Million to Expand "bricks-and-clicks" Pharmacy Model in East Africa
- 29 May 2025NewsRology (AAIC invests as AHF1) and the University of Hyogo Sign Landmark R&D MoU to Advance Radiological Innovation
- 7 April 2025NewsJICA Hosted a Demo Day for Startups in Uganda (Event Report)
- 11 December 2023Press ReleaseAAIC Investment had a partial exit from the Dialysis Business in $ 20 Million fundraise led by Africa50 and Africinvest
- 26 October 2023Press ReleaseThe Africa Fund (AHF2), managed by AAIC Investment, has received new participation from financial institutions and listed companies. The total size of AHF1 and 2 is US$87 million (approximately 13 billion yen)
- 1 May 2023Press ReleaseAAIC Holdings Invests in The Baobab Network
- 11 April 2023Press ReleaseAAIC Investment – Africa Innovation & Healthcare Fund (“AHF 2”) invests in Credable
- 21 February 2023Press ReleaseAAIC Africa Innovation & Healthcare Fund (“AHF2”) invests in Yodawy
- 6 January 2023Press ReleaseAAIC Investment signs Memorandum of Understanding (MOU) with Drugstoc and Revital Healthcare
- 16 December 2022Press ReleaseMemorandum of Understanding (MoU) with Kenya Rugby Union (KRU)
- 26 August 2022Press ReleaseAfrica Innovation & Healthcare Fund (AHF2) has received investments from Marubeni Corporation
- 29 April 2022Press ReleaseAAIC Investment launches Second Fund focused on Start-ups in Africa
- 8 February 2022Press ReleaseReliance Health raises $40M in Series B led by General Atlantic
No articles found
- 25 August 2023MediaAAIC CEO Tsubaki on panel at Policy Recommendations by UNDP Launch event
- 30 June 2023MediaIshida, a Representative of AAIC Kenya, was featured in Forbes AFRICA's special issue on Kenya
- 16 June 2023MediaTwo of AAIC Investment's portfolio companies, AHN and JIBU, were ranked among the top 100 companies in "Africa's fastest-growing companies" by FINANCIAL TIMES.
- 29 May 2023MediaThe Nikkei Newspaper featured AAIC's African Operations
- 22 May 2023MediaTsubaki, CEO of AAIC, spoke at the seminar hosted by the Ministry of Agriculture, Forestry and Fisheries
- 11 May 2023MediaAAIC CEO Tsubaki appeared on "Nikkei News 9”
- 8 May 2023MediaThe article on AAIC Investment Pte. Ltd.'s investment in Credable Group appeared in a Singapore Shimbun
- 26 April 2023MediaThe Asahi Shimbun newspaper reported on AAIC Investment Pte. Ltd.'s fund activities in Nigeria (about innovation breakthroughs in Africa)
- 25 January 2023MediaThe Serbia iteration of JICA’s Global Project NINJA ‘DEMO Day Feb 3, 2023’
- 22 December 2019MediaTsubaki's comment was published in the 6th Nikkei Asia Africa Conference on Communicable Diseases 2019
- 21 November 2019MediaIshida wrote part of the November issue of JETRO STARTUP NEWS
- 17 October 2019MediaOur “Africa Healthcare Fund” was published in NewsPicks
- 12 July 2019MediaIshida, our Kenya representative, was interviewed by JETRO
- 12 August 2022Investment InformationAHF1 Investee, Kenyan insurtech Lami raises US$3.7M led by Harlem Capital and expands its business to Egypt and Nigeria.
- 1 August 2022Investment InformationAfrica Healthcare Network emerges as dialysis care leader in East Africa
- 1 February 2022Investment InformationAAIC Africa Healthcare fund investee, Lami has been selected as 50 fintechs driving opportunities for financial inclusion during global recovery
Companies
Business Overview
- \r\n
- DeepEcho is a health-tech startup based in Morocco using AI to automate fetal ultrasound analysis and improve prenatal care \r\n
- Their technology helps healthcare providers, especially in low-resource settings, conduct and interpret pregnancy ultrasounds without needing a specialist on-site \r\n
- The AI guides users through scan acquisition (e.g., blind sweeps) and analyses images in real time to detect fetal position, gestational age, and other key metrics \r\n
- This approach aims to address the shortage of trained sonographers and reduce maternal and neonatal risks through earlier, more accurate screening \r\n
- DeepEcho partners with clinics and health systems to integrate its solution into existing care workflows \r\n
Future Expansion
- \r\n
- DeepEcho plans to expand into North Africa and East Africa in the near future \r\n
- The company is focused on scaling access to its AI tools across public and private healthcare systems in these regions \r\n
Youssef Bouyakhf
Morocco
Africa
Healthcare Technologies
Early
AHF 2
Business Overview
- \r\n
- Support for the recruitment and training of foreign talent(foreign human resources) worldwide, 'Connect Job」/「Fourth Valley Academy' \r\n
- Survey of Migration Policies in the World and Policy Recommendations / Public Utilities ‘Next Generation Alien Admission Study’ \r\n
- Sales of the ‘HireRoo’ programming test for IT engineers \r\n
- Various related businesses use the human resources database (global marketing research, study abroad business, etc.) \r\n
Future Expansion
- \r\n
- Development of African talent and matching with Japanese companies \r\n
- Expansion of a global talent-matching platform \r\n
CEO Youhei Shibazaki
USA, UK, Japan, Thailand, Canada
Africa
HR Technologies
Growth
AHF 2
Business Overview
- \r\n
- It operates the country's largest digital healthcare platform, which can provide remote diagnostics, test centres, pharmacy locators, online prescription pick-up and medicine delivery, mainly for major local insurance subscribers. \r\n
Future Expansion
- \r\n
- Further expansion of Cameroon operations and expansion into other Frech-speaking countries such as Cote d'Ivoire and Senegal. \r\n
CEO:Jean Lobe Lobe
Ivory Coast, Cameroon
Africa
Healthcare Technologies
Early
AHF 2
Business Overview
- \r\n
- Provides precision medicine (research/diagnosis) in the field of cancer using state-of-the-art technology. \r\n
- DNA and diagnostic data on cancer patients are currently being collected and databases are being established in seven African countries, including Ghana. \r\n
Future Expansion
- \r\n
- Projects are promoted for major pharmaceutical companies and international organisations. \r\n
CEO:Yaw Bediako
Global*
Africa
Healthcare Technologies
Early
AHF 2
Business Overview
- \r\n
- Cloudline is developing an airship-type drone in South Africa that is less expensive than existing drones and helicopters and can fly for longer periods and over longer distances. \r\n
Future Expansion
- \r\n
- Expansion of solutions business to power generation, transmission and distribution, mining and farming. \r\n
Founder/CEO : Spencer Horne
South Africa, Global*
Africa
Mobility
Early
AHF 2
Business Overview
- \r\n
- Hyrax provides an automated platform to simplify complex DNA sequencing analysis such as HIV AIDS and TB. \r\n
Future Expansion
- \r\n
- Advance sales to major sequencing manufacturers. \r\n
- Further development of their platform. \r\n
CEO:Simon Travers
Global*
Africa
Healthcare Technologies
Early
AHF 2
Business Overview
- \r\n
- Provide a system service where users can order pharmaceutical products for major insurance companies and others. \r\n
- Sell microfinance, starting at a premium of about USD1 per month. \r\n
Future Expansion
- \r\n
- Expansion of existing businesses in Africa \r\n
Founder/CEO: Ikpeme Neto
Nigeria
Africa
Healthcare Technologies
Early
AHF 2
Business Overview
- \r\n
- Using AI as its core technology, Ubie develops and provides 'Ubie', which guides patients from symptoms to appropriate medical care, and 'Ubie AI Questionnaire', which improves operational efficiency in the medical field, among others. \r\n
- Ubie is promoting the creation of a society in which everyone can access healthcare that suits them. \r\n
Future Expansion
- \r\n
- Using data and providing high-value-added services for pharmaceutical companies \r\n
CoCEO/ Co-founder Yoshinori Abe, Kota Kubo
USA, Japan, Singapore
Africa, Asia
Healthcare Technologies
Growth
AHF 2
Business Overview
- \r\n
- Operates a medical tourism platform. \r\n
- It provides a platform to connect patients with hospitals where they can be optimally treated. It also assists patients with the necessary procedures and transport arrangements. \r\n
- Partner hospitals are not limited to Kenya but are located worldwide. \r\n
Future Expansion
- \r\n
- Insurance partnerships – collaborating with health insurers and brokers to improve medical service for insured policyholders. \r\n
- Referral partner network – cooperating with medical tourism providers & travel agents to facilitate client referrals. \r\n
- Expansion of the network of affiliated hospitals \r\n
CEO:Ryan Marinkowitz
Kenya, Global*
Africa
Healthcare Technologies
Early
AHF 2
Business Overview
- \r\n
- BIMA is a health tech platform which offers affordable health insurance products and digital health services tailored for the low income and underserved populations in emerging markets.(7 million members served as of December 2024) \r\n
- The platform is designed such that it takes care of the patient throughout their entire health journey, from consultation to aftercare. \r\n
Future Expansion
- \r\n
- Expansion into new markets (Africa and Asia). \r\n
- Expansion of markets in existing markets (into regional cities), increase in services offered \r\n
Gustaf Agartson Co-Founder & CEO
Tanzania, Ghana, Bangladesh, Pakistan, Cambodia, Sri Lanka
Africa
Healthcare Technologies, Medical Services
Growth
AHF 2
Business Overview
- \r\n
- MuduPay is primarily a payments platform that offers payroll solutions to enterprises. It enables enterprises to pay their staff through a bulk disbursement and employees receive their salaries instantly through their mobile application \r\n
- The platform also enables consumers & merchants to make and receive any local and international payments through their mobile money accounts. \r\n
Co-founder & CEO – Ousmane Siedy Dallo Head , Business Development – Bilguissou Bah
Uganda, Ivory Coast, Guinea
Africa
FinTech, Financial Services
Early
AHF 2
Business Overview
- \r\n
- Yodawy is a virtual pharmacy chain powered by technology to facilitate access to medication and deliver a world-class experience to patients. \r\n
- They partner with pharmacies, insurance companies and healthcare providers. \r\n
- Facilitate access to on-demand over-the-counter & prescriptions with the Yodawy App. \r\n
- Facilitate seamless monthly medication refills with the Yodawy Care Program. \r\n
- As of March 2024, they had processed 4 million prescriptions and partnered with 3,000 pharmacies. \r\n
Future Expansion
- \r\n
- Pilot expansions in UAE & KS. \r\n
Karim Khashaba
Egypt
Africa
Healthcare Technologies
Growth
AHF 2
Business Overview
- \r\n
- Lapaire is an optical retailer with 100 outlets across 8 countries; Benin, Burkina Faso, Ivory Coast, Mali, Togo, Uganda, Tanzania and Senegal as of June 2025. \r\n
- They process their lenses and also outsource from a European manufacturer with offices in Africa. \r\n
- They offer transparent pricing and flexible payment methods including insurance coverage, financing, and in-store payment. \r\n
- They have a team of opticians and optometrists that perform free vision testing for all their customers \r\n
Future Expansion
- \r\n
- The company has 100 branches with the plan to expand to 300 branches in Africa \r\n
Jerome Lapaire
Uganda, Tanzania, Ivory Coast, Togo, Benin, Burkina Faso, Mali, Senegal
Africa
Retail
Growth
AHF 2
Business Overview
- \r\n
- Zanifu is a financial technology company providing inventory financing (credit) to micro, small and medium-sized businesses in Kenya. \r\n
Future Expansion
- \r\n
- Uganda has been identified as a potential next market. \r\n
Steve Biko - CEO Sebastian Kilimo - CTO
Kenya
Africa
FinTech
Early
AHF 2
Business Overview
- \r\n
- ILARA HEALTH is a primary healthcare enabler leveraging on technology to give private clinics access to diagnostic devices and pharmaceutical products on credit. \r\n
Future Expansion
- \r\n
- Uganda has been identified as a potential next market \r\n
Emilian Popa - CEO, Maximillian Mancini- CSO, Sameer Farooqi - COO
Kenya
Africa
Healthcare Technologies, Medical Services, FinTech
Early
AHF 2
Business Overview
- \r\n
- Digital banking platform providing software infrastructure to consumer-facing businesses which allows them to extend banking/financial services to their customers. \r\n
- B2B2C model and a partnerships based models with Financial Insitutions, Fintechs and businesses \r\n
- Multinational expansion into sub-Saharan Africa \r\n
Future Expansion
- \r\n
- Entering West Africa \r\n
- Leverage data to build a 'Trust Score" and other data products across emerging markets. Think of FICO for Africa \r\n
Nadeem Juma
Kenya, Uganda, Tanzania
Africa
FinTech
Early / Growth
AHF 2
Business Overview
- \r\n
- Provides dialysis services in high demand in sub-Saharan Africa at high quality and competitive prices. Operating more than 50 clinics in four countries: Rwanda, Tanzania, Kenya, and Zambia. (as of June 2025) \r\n
- Multinational expansion into sub-Saharan \r\n
- Model of partnering with hospitals to establish dialysis centers within hospitals with revenue sharing \r\n
Future Expansion
- \r\n
- Accelerating expansion in Tanzania and Kenya. Expanding further into other countries. \r\n
- Aiming to become the largest dialysis chain in Africa \r\n
Nikhil Peraira
Kenya, Rwanda, Tanzania, Zambia
Africa
Clinical, Advanced Medical Care
Growth
AHF 1
Business Overview
- \r\n
- Approximately 50,000 people have traveled to India for medical treatment over the past 10 years because Kenya's medical costs are more expensive than India's and the treatment available is limited \r\n
- Establishment of primary, secondary care, and advanced medical care hospitals to enable complete examinations and treatment in Kenya \r\n
- Plans to establish new ones in cities in Kenya where demand is expected to increase. Japanese medical equipment manufacturers are also showing strong interest in the company's products \r\n
Future Expansion
- \r\n
- Huruma Hospital, established in 2019, will be able to accept NHIF (National Health Insurance) patients from 2020 \r\n
- Establishment of an advanced medical center in Limuru (neighboring county of Nairobi) in the medium to long term \r\n
NCCK (National Council of Church Kenya)
Kenya
Africa
Clinical, Advanced Medical Care
Early / Growth
AHF 1
Business Overview
- \r\n
- Utilises a CVS-inspired B2B business model: establishment of clinics enabling simple check-ups and treatments for chronic condition patients; complete with pharmacies \r\n
- Provides affordable quality care for under-insured blue-collar workers in East Africa \r\n
- Offers medicine delivery to patients’ offices or homes directly \r\n
Future Expansion
- \r\n
- Developing a home-care medical service utilizing telemedicine and providing subscription services after COVID-19 \r\n
Moka Lantum
Kenya, South Sudan
Africa
Clinical, Advanced Medical Care
Early / Growth
AHF 1
Business Overview
- \r\n
- A maternity hospital that specializes in obstetrics and gynaecology targeting primarily middle- and low-income groups. Premium services are also provided \r\n
- Provides innovative services includes internet appointment booking, remote care and monitoring through mobile and messaging \r\n
- A second hospital in Nairobi launched in 2021 \r\n
Future Expansion
- \r\n
- Third hospital will be launched in Q3 2022 \r\n
- Further expansion from Nairobi to regional large cities \r\n
Nick Pearson, Sawan Shah
Kenya
Africa
Clinical, Advanced Medical Care
Growth
AHF 1
Business Overview
- \r\n
- Online retail pharmacy that allows patients to purchase high quality medicine and wellness products through its website and mobile app \r\n
- Medicines are delivered by qualified professionals who also advises patients on proper dosages and usages at one’s doorstep \r\n
- Utilizes track-and-trace mechanisms to allow users to authenticate products and verify sources through the app \r\n
Future Expansion
- \r\n
- Increasing the number of SKUs \r\n
- Partnering with a telemedicine companies to deliver a seamless service \r\n
- MYDAWA has received a $1.2 million grant from the Bill & Melinda Gates Foundation. This grant is aimed at increasing access to PrEP (Pre-Exposure Prophylaxis) services through MYDAWA’s e-pharmacy model, supporting the fight against HIV& AIDS in Kenya. \r\n
Neil O’Leary, Tony Wood, Priscilla Muhiu
Kenya, Uganda
Africa
Healthcare Technologies
Early / Growth
AHF 1, AHF 2
Business Overview
- \r\n
- Operates the biggest online medical appointment booking platform, as well as a healthcare professional search engine platform for patients \r\n
- Had a partnership with the Discovery, the biggest medical insurance company in South Africa to connect the Recomed’s platform with the portal site for the Discovery’s subscribers \r\n
Future Expansion
- \r\n
- Vertical integration by adding e-pharmacy and AI based pre diagnostic services. \r\n
Sheraan Amod
South Africa
Africa
Healthcare Technologies
Early
AHF 1
Business Overview
- \r\n
- Online medical marketplace that specializes in providing authenticity guaranteed dental products by tackling widely distributed fake products in Egypt \r\n
- Targets both individual dentists, as well as corporate customers such as dentist clinics, Universities, etc. in Egypt with plans to expand in Saudi Arabia and Africa \r\n
- Its latest innovation includes DC+, an inventory management digital cabinet product \r\n
Future Expansion
- \r\n
- Accelerating its growth in Egypt as a market leader and further expansion to neighboring countries in Middle East and Sub Sahara countries \r\n
- Plan to expand to Saudi Arabia \r\n
Ahmed Yahia, Saad Saleh
Egypt
Africa
Healthcare Technologies
Early
AHF 1
Business Overview
- \r\n
- ナイジェリア他アフリカ6か国にて5万台を超えるトラック運送業者(多くが個人事業主)とユニリーバ、ダンゴテ、オラムなど大口の顧客をはじめとした物流を必要とする企業とのマッチングをオンラインのプラットフォーム上で行う。 \r\n
- ドライバー側は、ビジネスの機会が増えるだけでなく、ガソリン、スペアパーツ、トラック車両のファイナンスなどを特別な価格で提供してもらうことができる \r\n
Future Expansion
- \r\n
- 車両のファイナンスなどドライバー向けのエンゲージするサービスを拡大 \r\n
Obi Ozor
Kenya, Nigeria, Uganda, Ghana, Ivory Coast, Togo, Benin
Africa
Healthcare Technologies
Growth
AHF 1
Business Overview
- \r\n
- The first platform of its kind to offer instant cross-border mobile-based money transfers in Africa \r\n
- 5million users registered, more than 5billion USD transaction through the platform per month. \r\n
- Other services include business payment solutions, cryptocurrency trading and other investment options \r\n
Ham Serunjogi
Kenya, Nigeria, Rwanda, Uganda, South Africa, Ghana, USA, UK
Africa
Healthcare Technologies
Growth / Late
AHF 1
Business Overview
- \r\n
- Operates an asset-free logistics platform that connects both its corporate and individual clients with independent drivers for goods delivery using its app \r\n
- Launched Sendy Supply and Sendy Freight to better connect their clients with end users directly \r\n
- Besides transportation, the firm also offers automated fee calculation, payments collection services and strives to further strengthen its cross-border delivery services \r\n
Future Expansion
- \r\n
- Expansion to other East African Countires (Tanzania) and West Africa (Nigeria, Ghana) \r\n
Meshack Alloys, Malaika Judd, Evanson Biwott
Kenya, Rwanda, Uganda, Ivory Coast
Africa
Healthcare Technologies
Early / Growth
AHF 1
Business Overview
- \r\n
- A tech platform that utilizes data science and software to offer affordable health insurance plans to individuals and families \r\n
Future Expansion
- \r\n
- Further expansion in Nigeria \r\n
- Develop the new product for diaspora \r\n
Femi Kuti
Nigeria
Africa
Healthcare Technologies
Growth
AHF 1
Business Overview
- \r\n
- Aims to transform healthcare on the African continent by providing EMR to healthcare facilities (more than 300 facilities and 5,000 medical practioners) \r\n
Future Expansion
- \r\n
- Further expansion to African countries and GCC countries \r\n
Adegoke Olubusi
Kenya, Nigeria, GCC(UAE,Qatar)
Africa
Healthcare Technologies
Growth
AHF 1, AHF 2
Business Overview
- \r\n
- Strives to be the online mental health platform for Arabic-speaking populations globally \r\n
- Users can choose their preferred therapists and receive therapies and treatments on its digital platform \r\n
- It plans to expand into text-based therapy sessions as well as wellness coaching programs for corporates \r\n
Future Expansion
- \r\n
- Business expansion in the Middle East and North Africa Region \r\n
- Aims to support those native Arabic speaking patients in the world \r\n
- Plan to enter South Africa market through joint venture \r\n
Ahmed Abu Elhaz / Mohamed Alaa
Egypt
Africa
Healthcare Technologies
Early
AHF 1, AHF 2
Business Overview
- \r\n
- Solves the problem of shortages of radiologists by offering a digital platform that remotely and instantly connects these professionals with demands from hospitals \r\n
- Other functions on its platform includes an AI-enabled DICOM viewer, which increases the productivity of radiologists and decreases turnaround time \r\n
Future Expansion
- \r\n
- Accelerate its business expansion to Middle East and Sub Sahara Africa countries \r\n
- Enhance AI function in teleradiology \r\n
Amr Abodraiaa
Kenya, Egypt
Africa
Healthcare Technologies
Early
AHF 1
Business Overview
- \r\n
- Aims to be the Super App of West and Central Africa \r\n
- Its main focus is on transportation and its extended businesses are Gozem wallet / finance, food delivery, insurance and drug delivery \r\n
- All offered through its app \r\n
Future Expansion
- \r\n
- Further expansion to more cities within four operating countries \r\n
- Aiming a comprehensive Super App including asset-finance, delivery, Gozem mone/wallet etc. \r\n
Raphael Dana
Togo, Benin, Cameroon, Gabon
Africa
Healthcare Technologies
Early / Growth
AHF 1, AHF 2
Business Overview
- \r\n
- A neuromodulation medical device consisting of a mask and headphones that uses audiovisual stimulation to manage chronic pain \r\n
- A Class II NSR medical device \r\n
- In order to differentiate itself from any general health and wellness product, it plans to achieve DeNovo approval from FDA for several target health conditions including Fibromyalgia \r\n
Future Expansion
- \r\n
- Aiming FDA approval in the United States \r\n
- Upon receipt of FDA approval, accelerate its business development in US as well as globally \r\n
Richard Hanbery
Planned Entry into Africa
Africa
Healthcare Technologies
Early
AHF 1
Business Overview
- \r\n
- Aims to shape the healthcare industry by launching next-generation technologies and medical communications platforms \r\n
- Its current app offerings include a range of tools for medical professionals, providers, healthcare workers to enhance the timely sharing of expertise and data, during situations such as general patient care, emergencies, and remote care, amongst others \r\n
Future Expansion
- \r\n
- Established a subsidiary in Nairobi, Kenya \r\n
- Connecting a service provider in a rural area to a medical professionals and specialists in an urban area \r\n
Teppei Sakano
Planned Entry into Africa
Africa
Healthcare Technologies
Growth / Late
AHF 1
Business Overview
- \r\n
- An InsurTech start-up utilising a B2B2C business to provide custom-made and affordable digital insurance plans to African populations \r\n
- Its API platform leverages cloud computing and other technologies to support the seamless application, purchase and payment of plans \r\n
Future Expansion
- \r\n
- Partnering with a company that sell insurance, such as a car dealer and a bank \r\n
- Developing embedded products for E-commerce \r\n
- Utilizing an existing partnership to expand to other countries \r\n
Jihan Abass
Kenya
Africa
Healthcare Technologies
Early
AHF 1
Business Overview
- \r\n
- LifeQ has development centres in the USA, South Africa, and the Netherlands and is developing systems for collecting, analysing and providing osteopathic data through wearable equipment. \r\n
- The company's systems are used in the latest wearable models from leading brands(Tag Heuer, Louis Vuitton, etc.) \r\n
Future Expansion
- \r\n
- Expanding a worldwide business of biometric data solutions in collaboration with insurance companies, medical institutions and research institutes worldwide. \r\n
Chief Executive Officer and Co-Founder : Laurie Olivier
Global*
Africa
Healthcare Technologies
Growth
AHF 2
Business Overview
- \r\n
- An agency banking platform focusing on the availability and convenience of cash transactions for consumers and merchants \r\n
Future Expansion
- \r\n
- Further expansion through the partnership with 6,000 pharmacies and gas stations \r\n
Oluwatomi Ayorinde
Nigeria
Africa
Healthcare Technologies
Early
AHF 1
Business Overview
- \r\n
- In sub-Saharan Africa, "911" (emergency services) does not exist in more than 80% of the countries. In addition, ambulances are mainly owned by hospitals, but access is not possible without calling each hospital directly \r\n
- The company has partnered with hospitals that have ambulances in their fleet to build a dispatch platform. The ambulances that can respond to a call can be selected and dispatched. The company also checks the availability of the hospital and quickly transports the patient to a hospital that can accept the ambulance \r\n
Future Expansion
- \r\n
- Alliance with telecommunication carriers \r\n
- Incorporation of the package into insurance companies \r\n
- Expand horizontally to other countries such as Uganda and Ghana \r\n
Caitlin Dolkart, Maria Rabinovich
Kenya
Africa
Medical Services
Early
AHF 1
Business Overview
- \r\n
- tackles the issues of supply chain blood for medical facilies. The company works on real-time supply and demand management, cold chain and supply chain management \r\n
- The company also delivers medical consumables, vaccines, and other supplies as well as blood \r\n
Future Expansion
- \r\n
- Continued expansion of services in rural Nigerian cities and major cities in other African countries \r\n
Temie Giwa-Tubosun
Kenya, Nigeria, Ethiopia
Africa
Medical Services
Early
AHF 1
Business Overview
- \r\n
- Operation and development of an advanced advanced advanced imaging center \r\n
- Currently operating in Nairobi with MRI, CT Scan and Ultrasound; cancer treatment and blood testing (lab) starting July 2019; cancer is pending at COVID, lab enhanced \r\n
- Stored all imaging data since 2014. Considering business with data, including research activities using data with University of Nairobi Hospital \r\n
Future Expansion
- \r\n
- In 2022, the 2nd center will be launched in Nairobi \r\n
- Aim to have 10 centers by 2024, including those in regional cities \r\n
Reuben Warriah, Dr. Unni Miyengi
Kenya
Africa
Medical Services
Early
AHF 1
Business Overview
- \r\n
- AI solution business in the healthcare field. Provide AI solutions based on the development of equipment such as colposcopes (hardware-software-cloud solution) \r\n
- The vision of the company is to provide medical checkup services at lower cost and in shorter time. Aim to improve access to medical care in urban areas as well as remote areas by using easy-to-operate, portable devices as a base \r\n
- FDA application and approval for colposcopy is expected in 2021, and application for intraoral camera is pending by the end of 2021 \r\n
Future Expansion
- \r\n
- Aiming FDA approval in the United States \r\n
- Accelerate its business development in India where its colposcopy has been approved as well as futher expansion to Africa \r\n
Som Pathak
Planned Entry into Africa
Africa
Medical Services
Early
AHF 1
Business Overview
- \r\n
- End-to-End procurement solutions for medical institutions (hospitals and clinics) and pharmacies in Nigeria. (more than 3,000 healthcare facilities) \r\n
- Delivery is made within 24 hours in Nigeria as soon as the order is received \r\n
Future Expansion
- \r\n
- Further expansion in Nigeria \r\n
Temie Giwa-Tubosun
Nigeria
Africa
Medical Services
Early
AHF 1, AHF 2
Business Overview
- \r\n
- Revital Healthcare (EPZ) Limited is located in the Special Export Zone and manufactures and sells medical supplies such as disposable syringes. Domestic sales and exports to neighboring countries (from East African countries to SADC countries and further to Nigeria, etc.) \r\n
- The largest medical supply manufacturing plant in Sub-Saharan Africa and the only WHO certified disposable syringe manufacturer in Sub-Saharan Africa (WHO-PQS certified AD / RUP Syringe Manufacturer in the region) \r\n
- The funds will be used to enhance production capacity by adding an injection molding manufacturing machine and adding to existing equipment such as needle manufacturing machines \r\n
- Revital is building its business strategy with a view to entering into OEM contracts with major medical equipment manufacturers in the future \r\n
Future Expansion
- \r\n
- Expansion of its product lines \r\n
- Business development to new countries exports \r\n
Rajni Vora
Kenya
Africa
Medical Services
Growth
AHF 1
Business Overview
- \r\n
- Community water franchise development \r\n
- Purify tap water, well water, etc. with simple equipment at each franchise store. Sells 20 liters of drinking water (meeting WHO standards) for about $1.5-2. In addition to water, the company is expanding its product line to include porridge and LPG sales \r\n
- 154 franchises in 7 countries (Rwanda, Uganda, Kenya, Tanzania, DRC, Zambia, and Burundi) as of the end of June 2022. Selling JIBU Water at 8500 locations including other retail outlets \r\n
Future Expansion
- \r\n
- Further expansion to other Sub Sahara countries through Area Master Franchise scheme. \r\n
- Enhancing its product lines, such as porridge and LPGs, to become essential convenient stores in communities \r\n
Randy Welsch, Galen Welsh
Kenya, Rwanda, Uganda, Tanzania, Burundi, DR Congo, Zambia
Africa
Health Preservation & Public Health, Food
Early / Growth
AHF 1
Business Overview
- \r\n
- The company produces and supplies FMCG such as cooking oil (Tena), detergent/soap (555, Aura), pasta, etc. domestically in Ethiopia \r\n
Future Expansion
- \r\n
- Expansion of the production facilities \r\n
Saad Aouad (54Capital CIO)
Ethiopia
Africa
Health Preservation & Public Health, Food
Growth
AHF 1
Business Overview
- \r\n
- It operates a pharmaceutical B2B end-to-end marketplace that connects pharmacies and suppliers. \r\n
- Providing an inventory management system for pharmacies and an ERP system for suppliers. \r\n
- Leading company in the MENA region, with 3,339 pharmacies (as of August 14, the same below), 884,000 transactions, and a cumulative transaction value of over $88m. \r\n
- Aumet is named among the “50 Fastest Growing Companies of the Year 2021” (The Silicon Review). \r\n
Future Expansion
- \r\n
- Entering other MENA region. \r\n
- Financial support to the Pharmacies, Big Data Businesses \r\n
Yahya Aqel
Egypt, Jordan, KSA, Turkey
Africa
Healthcare Technologies
Early / Growth
AHF 2
Our Mission
Investing in Africa for over 10 years
- Impact the health care sector in Africa
- Create a sustainable growth model
- Shaping the future together