AAIC Investment partially exits Africa Healthcare Network
AAIC Investment has partially exited from its shareholding in Africa Healthcare Network, a chain of dialysis clinics in Africa, following a $20 million investment led by Africa50 and AfricInvest.
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AAIC Investment has partially exited from its shareholding in Africa Healthcare Network (AHN), a chain of dialysis clinics in Africa, following a $20 million investment led by Africa50 and AfricInvest.
AHN has grown to 45 clinics across the continent, and aims to further expand into underserved regions on the continent.
Shigeru Handa, director of AAIC stated, “We are excited that AHN secured the growth capital from two prominent African partners and that we had a valuable partial exit. We invested in AHN and the team by sharing the vision of building quality and affordable healthcare services in Africa. It has been a rewarding journey and through new partnerships, we are very proud to continue being a part of AHN to improve the healthcare ecosystem.”
Nikhil Pereira-Kamath, executive chairman and former CEO of AHN stated, “We have had the pleasure of a strong partnership with AAIC since 2018 and had the privilege of Shigeru Handa on the board of directors. AAIC has provided strategic advisory support in addition to expanding our network of relationships both through their strong ties in Japan and their vast network of investments across the healthcare ecosystem in Africa. AAIC has been a strategic partner throughout AHN’s journey and we are delighted to support their successful partial exit. We look forward to their continued support both as an investor and advisor at the board level.”
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