New Frontier Capital Management (Hong Kong) Co., Limited(“NFCM HK”) and Asia Africa Investment and Consulting Pte. Ltd. (“AAIC”) hereby announce that the two companies jointly established Africa Healthcare Fund, an Africa VC Fund investing specifically in private companies specializing in the healthcare space.
The fund will invest specifically in the healthcare sector which is the region’s largest issue and growing sector and tackle social issues in Africa and achieve the sustainable business growth by proactively using Japanese technology and knowhow.