Individuals find the right products. Businesses reach the right audience. One platform, free for both.
Since 2020, AAIC has backed 6 African startups across 7 disclosed funding rounds totaling $51.5M, most heavily in Kenya and Health Tech.
AAIC Investment is the investment management arm of Asia Africa Investment & Consulting, a specialist firm focused on strategic consulting and healthcare driven investing across Asia and Africa. It manages dedicated Africa focused funds such as the Africa Healthcare Fund, targeting fast growing companies in the healthcare and innovation sectors across the continent. AAIC is an active institutional investor in African technology, with a clear emphasis on health related solutions. Based on available investment records, AAIC has participated in Seed, Series A, and Series B rounds between April 2020 and May 2026, committing approximately 51.5 million dollars across eight funding rounds. Its portfolio in Africa includes Shiprazor in South Africa, Helium Health in Nigeria, Rology and Shezlong in Egypt, Gozem in Togo, RecoMed in South Africa, and Lami in Kenya, covering health tech, logistics and supply chain, travel and mobility, and insurtech. Through these investments AAIC has built a strong presence in key African markets such as South Africa, Nigeria, Egypt, Togo, and Kenya, often investing alongside respected regional and global investors. Co investors in its African deals have included Global Ventures, Tencent, AXA Investment Managers, Capria Ventures, and other institutional and strategic backers. AAIC’s activity illustrates a consistent strategy of supporting technology enabled healthcare and adjacent services that improve access, efficiency, and financial inclusion in African health ecosystems.
Data updated · Sep 3, 2026
Sign in to see all 6 portfolio products
Free account — full portfolios, timelines, and the weekly funding digest
Sign in to see all 7 rounds
Free account — full portfolios, timelines, and the weekly funding digest
AAIC has backed 6 African startups across 7 disclosed funding rounds tracked on Liners, totaling $51.5M since 2020.
Mostly Seed: 3 of its 7 tracked rounds are at that stage, followed by Series A (3).
Its tracked rounds lean toward Health Tech (4), Logistics & Supply Chain (1), Travel & Mobility (1), and 1 more sector.
AAIC most often shares rounds with Global Ventures (2 shared deals), Tencent (2 shared deals), Norrsken22 (1 shared deal).
AAIC has backed several notable African companies, including Helium Health in Nigeria, Rology and Shezlong in Egypt, RecoMed and Shiprazor in South Africa, Lami in Kenya, and Gozem in Togo. These investments span digital health tools, teleradiology, online therapy, doctor booking platforms, logistics for ecommerce, insurtech, and mobility services.