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FCMB, stakeholders set out roadmap to move Nigeria’s health sector from survival to scale

Africa 1 source 1 country 🔦 Under-reported 56m ago

First City Monument Bank (FCMB) and various stakeholders have established a strategic roadmap aimed at transitioning Nigeria’s healthcare sector from a phase of mere survival to scaling operations. The initiative focuses on addressing critical structural challenges within the industry, particularly the difficulties healthcare providers face in securing affordable, long-term capital.

Discussions during the engagement highlighted that while providers struggle with financing, potential lenders and investors demand improved corporate governance, transparent financial reporting, and robust business structures before committing funds. The roadmap is designed to bridge this gap by aligning financial institutions and healthcare operators to foster sustainable sector growth.

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