AAIC Investment

MyDawa is an online pharmacy that provides a convenient platform for individuals to purchase a wide range of high-quality medications and wellness products directly from their mobile devices. By connecting patients to drug stores, MyDawa facilitates affordable access to essential medications without imposing service fees, transaction charges, or delivery costs. This approach aims to streamline the pharmaceutical supply chain, addressing common challenges faced by consumers when sourcing health-related products. MyDawa’s innovative service offers a straightforward and efficient solution for obtaining necessary health items, thereby enhancing the overall customer experience in the healthcare sector.

Ilara Health is a company based in Nairobi, Kenya, founded in 2018, that specializes in the development and distribution of AI-powered diagnostic devices aimed at primary care doctors in peri-urban and rural clinics. The company's innovative technology platform integrates miniature diagnostic devices with software that connects to an electronic medical record system, allowing healthcare providers to efficiently manage patient data. By focusing on accurate and affordable diagnostics, Ilara Health seeks to enhance healthcare accessibility and quality for rural populations in Africa, addressing the challenges posed by a fragmented healthcare infrastructure.

Lapaire Glasses Kenya Ltd. is a manufacturer and retailer of eyewear products, including prescription glasses and sunglasses, aimed at making eye care accessible and affordable for the lower and middle-income populations in Africa. Founded in 2018 and headquartered in Nairobi, Kenya, the company utilizes innovative technology to provide free vision tests and a range of eyewear options to the estimated 550 million Africans in need of corrective lenses. Lapaire operates an online shop and offers accommodating services such as 24/7 online chat, mobile clinics for free vision testing, free delivery, and flexible payment plans. In addition to its operations in Kenya, Lapaire serves customers in Uganda, Ivory Coast, Burkina Faso, and Mali, with a commitment to improving eye health and vision across the continent.

Waspito Inc. is a healthcare technology company based in Douala, Cameroon, founded in 2020. It operates an e-health platform that connects the African healthcare ecosystem through a telehealth application. The platform facilitates access to a range of healthcare services, including online consultations with certified medical doctors across various specialties, electronic prescriptions, and health information. Additionally, Waspito offers a delivery service for medications and laboratory tests, enhancing the convenience and affordability of healthcare for its users. The application also features discussion forums for healthcare professionals, fostering collaboration and knowledge sharing within the medical community. Through its innovative approach, Waspito aims to make basic healthcare more accessible to patients throughout Africa.

Zanifu is a regulated financial technology company that specializes in inventory financing for micro, small, and medium enterprises (MSMEs) in Sub-Saharan Africa. The company develops a microlending platform designed to enhance efficiency in supply chain operations, allowing small retailers and wholesalers to access working capital for inventory procurement. With a mobile-first approach, Zanifu's platform is tailored for environments with low internet penetration, enabling users to secure financing and pay suppliers at a later date. By facilitating access to necessary resources, Zanifu supports the growth and sustainability of MSMEs within the consumer goods value chain.

Waspito Inc. is a healthcare technology company based in Douala, Cameroon, founded in 2020. It operates an e-health platform that connects the African healthcare ecosystem through a telehealth application. The platform facilitates access to a range of healthcare services, including online consultations with certified medical doctors across various specialties, electronic prescriptions, and health information. Additionally, Waspito offers a delivery service for medications and laboratory tests, enhancing the convenience and affordability of healthcare for its users. The application also features discussion forums for healthcare professionals, fostering collaboration and knowledge sharing within the medical community. Through its innovative approach, Waspito aims to make basic healthcare more accessible to patients throughout Africa.

Credable is a digital banking platform that aims to provide financial services to underbanked populations in emerging markets. By partnering with financial institutions and businesses, Credable enables the launch of various financial products, including credit, savings, and payment solutions, on its B2B2C digital infrastructure. This approach connects financial institutions to their customers, empowering end-users with access to essential financial services. By leveraging its platform, Credable allows its partners to concentrate on their core operations while expanding their offerings in the financial services sector.

Aumet is a B2B healthcare platform that facilitates connections and streamlines operations between medical manufacturers, distributors, and healthcare providers. It offers a one-stop solution for order management, enabling manufacturers and distributors to increase sales by sharing hospital inquiries, business news, and product information. The platform also allows distributors to find and connect with suppliers, and vice versa, fostering a more efficient and digitalized healthcare supply chain.

Yodawy Inc. is a Giza-based company founded in 2018 that specializes in developing a medicine delivery and claims management platform. It enables customers to order pharmaceuticals and personal care products through a mobile app, which facilitates delivery via a network of over 500 pharmacies across Egypt. The platform combines an AI-powered approval engine for insurance claims with features like a digital prescription app and a partner portal. Yodawy collaborates with major insurance carriers to automatically apply insurance and copayment benefits for users, streamlining the medication ordering process and enhancing accessibility for patients seeking home delivery of their prescriptions.

Ubie, Inc. is a Tokyo-based company founded in 2017 that specializes in developing artificial intelligence-powered healthcare solutions. Its core offering is an AI-driven symptom checker that generates personalized evaluation reports for patients. Through a brief questionnaire that customizes its inquiries based on factors such as biological sex, age, medical history, and lifestyle choices, the tool aims to assist users in understanding potential causes of their symptoms. In addition to providing patients with detailed reports, Ubie also supplies physicians with patient summaries and predictive diagnoses to enhance clinical decision-making.

Reliance Health is a healthcare technology company focused on enhancing the affordability and accessibility of healthcare in emerging markets. It employs an integrated approach that combines affordable health insurance with telemedicine services, alongside a network of both partner and proprietary healthcare facilities. This strategy aims to provide comprehensive care solutions for organizations, families, and individuals, helping them effectively manage their health concerns. By leveraging technology and innovative service delivery models, Reliance Health seeks to improve health outcomes and reduce the financial burdens associated with healthcare.

Revital Healthcare is a manufacturer based in Kilifi, Kenya, specializing in medical devices and disposables for hospitals and medical laboratories. Established in 2006, the company produces a range of products, including single-use syringes, needles, re-use prevention syringes, and auto-disable syringes, all designed to minimize the transmission of HIV and other blood-borne diseases. In addition to these syringes, Revital Healthcare offers infusion sets, blood transfusion sets, and blood collection tubes, ensuring that healthcare providers have access to quality and affordable medical supplies.

DrugStoc is a pharmaceutical product procurement platform focused on improving access to safe and quality healthcare products for healthcare providers in Africa. The company aims to enhance the purchasing experience for hospitals, pharmacies, and government facilities by offering a seamless end-to-end procurement process. DrugStoc enables medical professionals to easily acquire medications and consumables at affordable prices, helping to eliminate counterfeit drugs and streamline the supply chain for quality pharmaceuticals. By addressing the challenges faced in healthcare service provision, DrugStoc is committed to supporting a healthier Africa through better access to essential medication and healthcare services.

Rology is a teleradiology platform based in Cairo, Egypt, founded in 2017. The company addresses the global shortage of radiologists by providing a solution that efficiently matches radiologists with hospital cases based on their availability and specialization. This platform aims to reduce latency in reporting times, enabling patients to receive timely medical reports. Additionally, Rology enhances radiologists' productivity through an AI-powered DICOM reader, which supports the growing demand for radiology examinations such as CT and MRI. By leveraging technology, Rology facilitates quicker and more effective communication between healthcare providers and radiologists, ultimately improving patient care.

Shezlong is an online mental health platform based in Cairo, Egypt, established in 2014. It is recognized as the first and largest online psychotherapy service targeting Arabic-speaking individuals, primarily in the MENA region but also serving clients in over 85 countries worldwide. The platform connects users with licensed therapists through video sessions, ensuring privacy and convenience. Shezlong offers a comprehensive range of services, including access to informative blogs, psychometric assessments, and personalized therapist recommendations, all designed to support users in their mental wellness journey. With a network of over 350 therapists, Shezlong aims to empower both clients and mental health professionals, making professional counseling accessible and integrated into users' daily lives.

Sendy Ltd. is a logistics company based in Nairobi, Kenya, founded in 2014. It operates a comprehensive logistics platform designed to simplify and optimize delivery processes for businesses. The platform facilitates door-to-door delivery for e-commerce and assists manufacturers and distributors in managing their logistics more efficiently. Sendy connects businesses with multiple transporters, allowing them to schedule, track, and pay for deliveries seamlessly. With a focus on transparency and security, Sendy empowers thousands of companies to manage their logistics through an integrated system that also provides access to reporting tools and cashless payment options.

Reliance Health is a healthcare technology company focused on enhancing the affordability and accessibility of healthcare in emerging markets. It employs an integrated approach that combines affordable health insurance with telemedicine services, alongside a network of both partner and proprietary healthcare facilities. This strategy aims to provide comprehensive care solutions for organizations, families, and individuals, helping them effectively manage their health concerns. By leveraging technology and innovative service delivery models, Reliance Health seeks to improve health outcomes and reduce the financial burdens associated with healthcare.

DentaCarts is an online dental marketplace founded in 2017 and based in Nasr City, Egypt. The company connects dentists with a wide range of vendors across Egypt, Saudi Arabia, and Germany, offering over 30,000 products in categories such as restorative, endodontics, prosthetics, implant, orthodontics, and dental lab services. DentaCarts aims to modernize the dental supply chain through its digital platform, which facilitates the ordering process and automates inventory management using cloud and IoT technologies. With a network of over 150 agents and product suppliers, the company has served more than 3,000 dental businesses in its first four years. DentaCarts seeks to lead the dental supply commerce in the Middle East and Africa by leveraging innovative e-commerce solutions to improve efficiency and accessibility for dental professionals.

Kobo360 is a digital logistics platform founded in 2017 and headquartered in Lagos, Nigeria. It connects manufacturers and cargo owners with truck operators, utilizing technology and data analytics to streamline haulage operations. By creating an integrated logistics ecosystem, Kobo360 aims to enhance supply chain efficiency and reduce costs for all stakeholders, including cargo owners, truck owners, and drivers. The platform addresses logistics challenges by offering real-time visibility, optimizing routes, and improving last-mile delivery. Additionally, Kobo360 is working to enter the agro-trading sector, facilitating a marketplace that directly links farmers with global buyers, thereby reducing reliance on middlemen and increasing profits for smallholder farmers. The company's mission is to develop a comprehensive Global Logistics Operating System that fosters trade and commerce across Africa and emerging markets.

MyDawa is an online pharmacy that provides a convenient platform for individuals to purchase a wide range of high-quality medications and wellness products directly from their mobile devices. By connecting patients to drug stores, MyDawa facilitates affordable access to essential medications without imposing service fees, transaction charges, or delivery costs. This approach aims to streamline the pharmaceutical supply chain, addressing common challenges faced by consumers when sourcing health-related products. MyDawa’s innovative service offers a straightforward and efficient solution for obtaining necessary health items, thereby enhancing the overall customer experience in the healthcare sector.

Africa Healthcare Network (AHN) is a pioneering provider of dialysis services in Sub-Saharan Africa, establishing the first chain of dialysis centers in the region. The organization focuses on delivering high-quality, life-saving dialysis treatment at affordable prices, addressing the critical shortage of accessible care for patients suffering from Acute Kidney Injury (AKI) and End-Stage Renal Disease (ESRD). With a commitment to improving healthcare in a region faced with limited resources and a rising prevalence of Chronic Kidney Disease (CKD) due to urbanization and lifestyle diseases, AHN combines global technical expertise with practical operational experience. The organization aims to enhance the quality of care while reducing costs for patients by securing high-quality equipment, training healthcare professionals, and optimizing operational efficiency. Operating in Rwanda, Tanzania, and Kenya, AHN seeks to increase patient access to essential dialysis services, fostering better health outcomes and providing a sustainable business model.

Jibu is a company focused on addressing the critical issue of safe drinking water access in East Africa, where approximately 450 million people lack reliable sources. Operating in the Democratic Republic of the Congo, Rwanda, and Uganda, Jibu provides local entrepreneurs with the resources and support needed to establish their own businesses that treat and package water in reusable bottles. By offering a comprehensive start-up package, including seed financing, Jibu empowers these entrepreneurs to create franchises that deliver safe drinking water at a cost that is significantly lower than traditional bottled options, while also providing the convenience of door-to-door delivery. The company aims to expand its impact to neighboring countries, fostering a network of locally owned businesses that promote affordable access to essential resources for communities.