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Register to know the latest Investment! India is expanding investment in Nigeria's healthcare According to KPMG Africa, in 2012, about 40 percent of all visas to India from Nigeria were for medical tourism and Nigerians spent about $260 million on medical expenses in India. Millions of dollars on medical treatment in India due to an inadequate health delivery sector in Nigeria. However, this will be changed since the Indian government and private healthcare providers are turning to investing in Nigeria to benefit from its huge market, according to Indo-Asian News Service (IANS). As the strong trade connection with Nigeria, more than 100 Indian companies are present in Nigeria. There are also hospitals and diagnostic centers from India that are currently operating in Nigeria, including Mecure Diagnostic Centers and Vedic Hospitals. Following the success of some of the Indian companies already in Nigeria, other Indian players are planning to establish their footprint in Nigeria. Healthcare Investment and Technology Africa 2016, which will be held during Sept 7-8 in Abuja, Nigeria aims to accelerate health sector development and cooperation in Africa, by gathering global and regional leading healthcare stakeholders to explore updated African health sector strategic plans, cooperation areas, funding modes, insurance scheme, health facilities development, upgrading, quality management and health professional training issues.
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Kind regards, Karen Zhou | Marketing Manager of HIT Africa 2016, an event brand of SZ&W Group |