Marubeni : Investing in Fund Focused on the Healthcare Sector in Africa
August 21, 2022 at 10:16 pm EDT
Share
Aug. 22, 2022
Marubeni Corporation
Marubeni Corporation (hereinafter, "Marubeni") participated in Africa Innovation & Healthcare Fund (hereinafter, "AHF 2"), which is managed by AAIC Investment Pte. Ltd. (hereinafter, "AAIC"). AHF 2 is a fund which supports the growth of innovative companies in Africa, especially in the healthcare sector.
In Africa, the economic growth and non-infectious diseases due to resulting lifestyle changes are expected to increase. Despite these predictions, the supply of pharmaceuticals and healthcare infrastructure remains insufficient. Therefore, in recent years, in addition to the need for medical services (ex. general hospitals, specialized clinics, etc.), opportunities in the healthcare sector have been increasing, such as AI diagnostics, telemedicine, etc., with the spread of smartphones among the younger generation.
Marubeni will contribute to Africa through the development of businesses in healthcare and related sectors by participating in AHF 2.
About AAIC:
Official name:
AAIC Investment Pte. Ltd.
Group locations:
Singapore (HQ), Tokyo, Nairobi, Lagos, Johannesburg
Establishment:
2013
Representative:
Susumu Tsubaki
Business description:
AAIC's main activities are fund management and business incubation.
Since 2014, AAIC has been providing management support for Japanese corporate venture capital (CVC).
In 2017, it established the first Japanese fund specializing in Africa (Africa Healthcare Fund: AHF).
Outline of funds:
AHF 1 (Africa Healthcare Fund)
Investments in healthcare and related sectors in Africa.
AHF 2 (Africa Innovation & Healthcare Fund)
Investments in the healthcare and innovation sectors in Africa.
Website:
https://aaicinvestment.com
Attachments
Original Link
Original Document
Permalink
Disclaimer
Marubeni Corporation published this content on 22 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 August 2022 02:15:00 UTC.
Marubeni Corporation is a diversified group organized primarily around 12 business segments:
- sale of agricultural products and related services (47% of net sales): sale of agricultural inputs (crop protection products, fertilizers, seeds, etc.), precision farming services, formulation of crop protection products, export of cereals and oilseeds, etc.;
- sale of food products (17.6%);
- production and distribution of oil, gas, alternative energy and electricity (10.4%);
- production of chemicals and petrochemicals (6.4%);
- production of metals and mineral resources (4.9%);
- sale and financing of industrial and construction machinery and equipment (4.6%). The group also develops car sales and tire distribution activities;
- sales of consumer electronics (4.3%). In addition, the group develops real estate development and management activities;
- sale of forest products (2.3%): wood chips and biomass fuel, pulp and waste paper, paper, paperboard, hygiene products, building & construction materials and wood products;
- sale of apparel, accessories, textile and lifestyle products (1.1%);
- management and operation of aircraft and ships (1%);
- development of energy production units and industrial installations (0.3%);
- finance and leasing (0.1%): auto finance, aircraft leasing, aircraft engine leasing, leasing and renting of refrigerated trailers, commercial vehicles and commercial freight railcars, etc.
Net sales are distributed geographically as follows: Japan (37.2%), the United States (42.5%)
MARUBENI CORPORATION 
