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 signed MOU with Kenya Investment Authority (“KIA”) to cooperate in realizing the goals and objectives of promotion of innovation, establishment of a venture ecosystem and establishment of a global network for ventures in TICAD7 held in Yokohama.
Minister of Economy, Trade and Industry, Mr. Hiroshige Seko and Managing Director of the Kenya Investment Authority Dr. Moses M. Ikiara also participated in the ceremony. Minister of Economy, Trade and Industry, Mr. Hiroshige Seko made a speech that NFCM HK and AAIC signed the MOU that supports Japanese companies entering Kenya with KIA. With this MOU, it is expected more Japanese companies entering into the market in Kenya where attracts attention as a startup hub.

The Prime Minister Shinzo Abe delivered a speech
in Public-Private Business Dialogue

MOU Signing Ceremony Photo,
NFCM Usuki CEO(right in the back)