LAGOS, Feb 6 – The Nigeria Sovereign Investment Authority (NSIA) has entered into a strategic partnership with the International Finance Corporation (IFC) aimed at significantly expanding access to advanced diagnostic and cancer care services across the country.
Under the agreement, the IFC will provide naira-denominated financing to NSIA Advanced Medical Services Limited, also known as MedServe, supporting the rollout of modern healthcare infrastructure in multiple Nigerian states. The initiative will focus on establishing state-of-the-art diagnostic centres, radiotherapy-equipped oncology facilities and cardiac catheterisation laboratories.
The partnership is expected to improve equitable access to specialised healthcare services, addressing longstanding gaps in cancer diagnosis, treatment and cardiovascular care. By deploying local-currency financing, the structure also reduces foreign exchange risk and strengthens the long-term sustainability of Nigeria’s healthcare investments.
NSIA said the collaboration aligns with its broader mandate to advance Nigeria’s Universal Health Coverage agenda, while demonstrating how private and development capital can be mobilised to deliver scalable, high-impact social infrastructure.
Beyond healthcare access, the initiative also supports global climate commitments by promoting efficient, resilient infrastructure development. The project underscores the growing role of blended finance in addressing critical development challenges, particularly in sectors where long-term capital and technical expertise are essential.
With demand for specialised medical services rising, the NSIA–IFC partnership positions MedServe as a central platform for expanding high-quality healthcare delivery, helping reduce outbound medical tourism and strengthening Nigeria’s domestic health system capacity.
