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INTRODUCTION TO THE“AFRICA HEALTHCARE FUND “July 2017

MAJOR INVESTMENT IN AFRICA (1)OSTI & RWANDA NUT COMPANYSEVEN SEAS TECHNOLOGYRwanda 2013Kenya
 2016

Agriculture and Processing Macadamia Nuts
 300haMedical and ITC

Primary investment

Fund`s Investment
 “Toyota-tsusyo CSV Africa”

Copyright © 2017 AAIC Consulting Pte. Ltd. & AAIC Japan Co., Ltd. All Rights Reserved.

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MAJOR INVESTMENT IN AFRICA(2)KATONGA FARM LIMITEDHIROKI ADDIS MANUFACTURINGZambia
 2015Ethiopia 2015Agriculture Big scale farming、2700Ha
 Maze and Wheat

Garment industry
 Leather goods of Ethiopia Sheep skin

Fund`s Investment
 “Toyota-tsusyo CSV Africa”

Fund`s Investment
 “Toyota-tsusyo CSV Africa”

Copyright © 2017 AAIC Consulting Pte. Ltd. & AAIC Japan Co., Ltd. All Rights Reserved.

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“AFRICA HEALTHCARE FUND (AHF)”
Fund nameConcept and target

Confidential： “Africa Healthcare Fund (AHF)”： Invest specifically in the healthcare sector of Africa

 Medical services (hospitals, clinics), distribution/after-services/maintenance of
medical devices, privatization of hospitals, simple health checks, clinical trials,
remote/AI diagnostics, human resource education/schools, sanitation
management/water, IT systems/electronic medical records, special waste
treatment, etc.
 Endoscopes, IOL, catheters, dialysis, PET, disposal, LME, etc.

Fund size
PeriodCommencement
GP
Targeted IRR
Investment area

： $100MUSD： 7 years + 3 years： July 2017 (First Close) 2018 (Second Close)： AAIC-HD 、NFCM： 20％： East 50％, West 30％, North/South 20％-3-Confidential

4 INVESTMENT AREAS OF FUNDSClinicall/Advanced
medical careHealthcare/Healthcaretechnologies

Cancer/Cancer screening
centers– PET, endoscopes, etc.



Dialysis centers/ Diabetes
centers– Dialyzers, etc.

Cardiovascular/Cerebral
centers– Catheter, etc.

Digitized medical records, IT
systems for management- Patient management- Management ofclinics/hospitals

Simple and detailed medicalexaminations

Hygiene management
Drinking water

Distribution of medical
equipment, provision ofmedical supplies







Management and runningof clinics/hospitals
Business administration andmanagement services
Outsourcing ofadministrative department
Distribution, management
and storage services
Education, training services

Recycling
Toilet, public sanitation
Wastewatermanagement



Health preservation
services
Services supporting
enhancement of healthylifePortable healthcare services- Management of health,vital data management

Next-generation distribution
services (such as the use ofdrones)

Clinical trial, services
supporting R&D of newmedicines

R&D for antibodies
Manufacture of raw materials
for medicines
Biotechnologies



Nursing home
Disposal of medical wastes



Financial services (leasing,loans, etc.)

Diagnostic pathology centers– CT Scanners, MRT,endoscopes, etc.

Ophthalmological center- IOL, treatment forblindnessBlood bank, Clinics offering
serum injection/therapy, etc.

Telediagnosis/treatment
AI diagnosis
Remote radiologic
interpretations, AI radiologic
interpretations

Medical services

Health preservation &Public health/hygiene





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Confidential

EXAMPLE : PROVIDE ADVANCE MEDICAL SERVICES
Investment Summary: Hospital in Angora
Location: Luanda, Angora
Capital: Total investment amount 60~80M
Overview: Provide sophisticated medical careequivalent to Europe and the United States. Funds offoreign capital are realized by investing in partnershipwith the government. Establishment of the 2nd building
under the same scheme.
Investment Ratio: 33-49%
Others:•The usage of existing facilities is at 450,000people/year (about 1,500 people/day),•

5,000 operations/year (about 15 cases/day).

•IRR >20％•Basically, private health insurance users andusers in free practice.

•Offer a wide range of pediatrics, internal
medicine, obstetrics and gynecology, cancer,
cardiovascular disease•First-rate doctor’s workspace

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HEALTHCARE IN AFRICA HAS MANY ISSUES

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LEADING CAUSES OF DEATH IN AFRICA (2012)

Source： WHO 2012-6-