AFREXIM BANK CONFIRMS NIGERIA HEALTHCARE INVESTMENT PLANS

A‎frican Export-Import Bank (AFREXIMbank) confirms plans to invest over US$16 billion in Nigeria’s Healthcare Sector

At a press briefing at Abuja, the President and Chairman of the Board of Directors of AFREXIM Bank, Dr. Benedict Oramah, disclosed that the bank are planning to invest over US$16 billion in Nigeria’s healthcare sector.

He said the bank came to this investment decision because of its long term plans to deepen its portfolio in the country, by building an ultra modern healthcare hospital which will either be located in Abuja or Lagos.

The multi million dollar hospital will be a joint partnership investment between the bank, Nigeria’s Federal Ministry of Health and the Kings College Hospital (KCH), London. The cost of the project will be disclosed after a contractor is engaged and some initial logistics addressed after discussions between parties involved.

The Bank’s president said Nigeria is a very important shareholder of Afreximbank and also the highest beneficiary of its funds. He also said the idea behind the project to be able treat complex diseases and to reduce money on medical tourism overseas and to create room for capacity building of health workers like doctors and nurses.