Nigeria's NSIA Hits $3 Billion Net Assets, Expands Development Footprint in Healthcare
The Nigeria Sovereign Investment Authority (NSIA) has exceeded $3 billion in net assets, showcasing steady growth despite economic challenges. NSIA has diversified its role beyond portfolio investments to address structural gaps in key sectors.
Notably, NSIA has partnered with Japan International Cooperation Agency (JICA) to launch a $28 million impact innovation fund supporting technology-driven businesses. In healthcare, NSIA's subsidiary, Medserv, is collaborating with the Federal Ministry of Health to upgrade oncology and nuclear medicine facilities in Benin, Enugu, and Katsina, with a focus on training clinicians nationwide.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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