AAIC Investment

Mydawa operates an online pharmacy platform that connects patients directly with drug stores. It offers a wide range of high-quality medicines and wellness products, enabling consumers to purchase these affordably and conveniently via their mobile phones.

Ilara Health develops and distributes AI-powered diagnostic devices for primary care doctors serving rural and peri-urban communities in Africa, with its headquarters in Nairobi, Kenya. The compact devices connect to a proprietary software platform and electronic medical records, recording patient data to support accurate, affordable diagnostics at the point of care. The company aims to expand access to essential diagnostics by targeting the highly fragmented primary care infrastructure and delivering devices directly to clinicians, enabling clinicians to deliver timely, data-backed diagnostic services.

Lapaire Glasses manufactures and sells eyewear and provides eye-care services across Africa, offering prescription eyeglasses, sunglasses and fashion eyewear with lenses and tailored testing. Using technology, it provides free vision tests and affordable eyewear to lower- and middle-income populations through online orders, mobile clinics, free delivery and flexible payment options. The company serves customers in Kenya, Uganda, Ivory Coast, Burkina Faso and Mali, with East African and West African operations headquartered in Nairobi and Abidjan respectively. Founded in 2018 in Nairobi, Lapaire aims to improve access to eye health for millions of Africans who need eyeglasses but cannot afford them.

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 fintech company that facilitates inventory financing for Micro, Small, and Medium Enterprises (MSMEs). Its platform enables MSMEs' supply chains to access working capital, allowing small retailers to procure inventory from suppliers on credit.

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 connects manufacturers, distributors, and pharmacies to streamline procurement and order management. It serves as a marketplace for suppliers to list products and connect with distributors and for distributors to search for new products and indicate their country interests, enabling market reach and verification of partners. The platform functions as a one-stop shop for pharmacy solutions, offering auto inventory management, real-time ERP integration, and multiple payment methods to support stock control and financial transactions. By facilitating the sharing of hospital inquiries, market news, and product information, Aumet helps healthcare buyers and suppliers collaborate more efficiently, expand product access, and improve operational workflows across sourcing, purchasing, and fulfillment.

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 operates a pharmaceutical product procurement platform that connects pharmacies, hospitals, healthcare professionals, and government facilities with safe, quality medications and consumables. The company provides an end-to-end procurement solution that simplifies purchasing, ensures access to verified products, and helps providers obtain medicines at affordable prices. By improving supply chain efficiency and reducing the risk of counterfeit drugs, DrugStoc supports healthcare customers in delivering reliable care across Africa. The service enables medical professionals and institutions to source essential medications and consumables quickly and securely, while focusing on quality, affordability, and timely delivery. DrugStoc's approach emphasizes transparency, product safety, and streamlined procurement to enhance access to critical pharmaceutical products for a healthier Africa.

Rology operates a teleradiology platform that connects hospitals with radiologists to reduce reporting latency. Founded in 2017 and based in Cairo, it addresses radiologist shortages by remotely matching hospitals with radiologists according to availability and subspecialty, supported by an FDA-cleared AI-assisted toolkit and an AI-powered DICOM reader. The platform integrates with hospital information systems, offers a network of subspecialized radiologists, and utilizes multiple AI models to improve accuracy, speed, and capacity while lowering operational costs. The company serves healthcare providers in the Middle East and Africa, enabling faster reporting and broader access to high-quality radiology interpretation.

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 operates a logistics platform that simplifies delivery processes for businesses. Founded in 2014, it offers door-to-door delivery services for e-commerce, optimizes logistics for manufacturers and distributors, and provides access to multiple transporters.

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 that connects cargo owners, truck owners/drivers, and recipients. It uses data analytics and technology to streamline supply chains, reduce waste, and enable efficient delivery of goods across Africa.

Mydawa operates an online pharmacy platform that connects patients directly with drug stores. It offers a wide range of high-quality medicines and wellness products, enabling consumers to purchase these affordably and conveniently via their mobile phones.

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.