Nigeria’s healthcare sector in the last five years attracted the highest healthcare private equity and venture capital investment deals in Africa.
This is according to data obtained from Africa private equity and Venture Capital Association (AVCA) April report on Pe and Vc deals.
Out of the 97 volumes of Pe and Vc deals reported worth $1.3 billion from 2015 to 2020, Nigeria accounted for 15 percent ahead of Morroco, Egypt, South Africa and Ghana.
Morroco came in second as its healthcare accounted for 11 percent share of the Pe&Vc deals to Africa.
This was followed by Egypt with a deal volume of 10 percent as South Africa and Ghana made the top five list with 8 percent volume of deals each.
YOU CAN ALSO READ: South Africa Halts Oxford Vaccine Over New Covid 19 Strain