AAIC Investment

What we do

AAIC Holding’s Portfolio in Africa

Multiple Office Locations in Africa

– Local and Japanese staff work as one to operate the business.
– Nairobi (Kenya), Lagos (Nigeria), Johannesburg (South Africa), Kigali (Rwanda)

Business Development as AAIC Holdings

– Investing and managing agribusiness in Rwanda.
Rwanda Nuts Company

Established Japan’s First Dedicated Fund for Africa

Africa Healthcare Fund (AHF1, in operation)

– Established in 2017, investment in 30 companies*

Africa Healthcare Fund (AHF2, in operation)

– First Closing at the end of March 2022

*Our 30th investee’s investment execution is scheduled for the end of September 2022

A Strong Advisory Team with over 50 years of Business in Africa

– Mr. Yoshiyuki Sato (50 years in business in Africa, founder of Kenya Nuts)
– Dr. Amit N. Thakker (Chairman of Africa Healthcare Federation, Chairman of Kenya Medical Association), etc.

Experienced in Business Management

– Implemented numerous projects in North Africa, East Africa, West Africa, Southern Africa, and surrounding regions. (market research, entry support, distributor search, M&A support, investment support, etc.)

Extensive Networks

– Extensive network with local companies, local government agencies and international organizations.
– Rich local business experience.
– Japanese networks such as Ministry of Foreign Affairs, JETRO (Japan External Trade Organization), JICA (Japan International Cooperation Agency), and other Japanese companies operating in Africa, etc.

About AAIC Investment

Company

AAIC Investment Pte. Ltd.

Establishment

2013

Capital

S $ 350,000

Business Overview

1) Fund Management
2) Business Incubation

Representative

Susumu Tsubaki, Director/Chief Executive Officer

Numbers of Directors

3

Company Overview

Established in 2013 and headquartered in Singapore, AAIC Investment is the fund management arm of AAIC Holdings. It has been supporting corporate venture-related activities of Japanese companies since 2014. In 2017, it established the first Japanese fund (Africa Healthcare Fund, AHF1), specialising in investment within the African healthcare space. The total Assets under Management (AuM) are USD 47 million, and as of April 2022, it has invested in 30 companies.

AAIC Investment has launched Africa Innovation & Healthcare Fund (AHF2), had its first closing in March 2022. The fund will continue to invest in and support the growth of innovative companies towards sustainable economic growth and solving social issues.

Location
Singapore Office

180B Bencoolen Street,
#05-02 The Bencoolen Office Tower
Singapore 189648
Tel: + 65-6884-5563

Nairobi Office

9th Floor, Pinetree Plaza, Kaburu Drive,
Off Ngong Road,
Nairobi, Kenya

Lagos Office

room 641 (Regus VI waterfront),
6th Floor Landmark Towers, 5B,
Water Corporation Road, Victoria Island,
Lagos, Nigeria

Our Investment Fund

■Overview of AHF1

Fund Name
Africa Healthcare Fund (AHF1)
Target Countries
Various countries in Africa with a focus on Kenya, Nigeria, South Africa, and Egypt
Target Sectors
Medical and Healthcare sectors
Stages of Investments
Seed ~ Series A, B
Ticket Size
US$ 100,000 ~ US$ 5 million
In 2017, it established the first Japanese fund (Africa Healthcare Fund, AHF1), specialising in investment within the African healthcare space. The total Assets under Management (AuM) are USD 47 million, it has invested in 30 companies*.
*Our 30th investee’s investment execution is scheduled for the end of September 2022

■Overview of AHF2

Fund Name
Africa Innovation & Healthcare Fund (AHF2)
Target Countries
Various countries in Africa, and surrounding regions
Target Sectors
Technology companies that support the building of social infrastructure, primarily in the medical and healthcare fields, but also in those in finance, insurance, logistics, etc.
Stages of Investments
Seed ~ Series A, B, C
Ticket Size
US$ 200,000 ~ US$ 20 million
Africa Innovation & Healthcare Fund (AHF2), had its first closing in March 2022. The fund will continue to invest in and support the growth of companies in the digital healthcare sector, which due to the Covid-19 pandemic, are undergoing rapid digital transformations, facilitating innovations such as teleconsulting, and artificial intelligence in medical diagnosis, etc. The fund will also invest in other technology companies leading the growth of the African scene in sectors such as fintech and insurtech. Investment and fund support services will continue alongside with fundraising activities to reach the target of US$ 150 million.