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AAIC Investment Bolsters Africa Healthcare Fund with $87 Million Backing

AAIC Investment Bolsters Africa Healthcare Fund with $87 Million Backing

#healthcare
#investments
AAIC Investment has announced new backing for its Africa Healthcare Fund 2 (AHF2), taking the total size of its two funds to US$87 million.

📢 Singapore-based AAIC Investment's Africa Healthcare Fund 2 (AHF2) receives fresh investments, growing its total funds to $87 million. The Development Bank of Japan (DBJ), QR Investment, TOPPAN Holdings, and others have joined in.


🌍 AAIC Investment, an arm of AAIC Holdings, has been actively supporting the growth of innovative companies in Africa since 2017 through AHF1 and AHF2.


🤝 The new investors aim to collaborate with Japanese firms on AHF2's investments and foster co-investment opportunities with African businesses, addressing fundraising challenges faced by startups and VC in Africa.


🚀 AAIC's dedication to sustainable economic growth and addressing social issues in Africa remains unwavering. 


#AfricaHealthcareFund #InvestmentNews #InnovationInAfrica


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