Aug. 22, 2022Marubeni 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.
