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‘Nigeria needs $498bn to bridge healthcare infrastructure gap’

Nubi declared, “Deficiencies in healthcare facilities are exposed, stressing hospitals and clinics. There is an increased need for investment in healthcare real estate

“Taking into consideration the global average bed density of 2.9 beds per 1,000 population, the gap in the healthcare infrastructure and the total real estate investment required has been identified. With the exception of Ethiopia and Mauritius, most of the countries fall short of the global average and require a significant investment in healthcare infrastructure.

”Nigeria, for example, requires 415,000 beds, costing over $498bn, Egypt requires 177,000 beds with an infrastructure investment of $213bn. The identified gap in healthcare infrastructure presents both challenges and opportunities for investors, governments and healthcare stakeholders.”

According to Nubi, the healthcare and real estate sectors in Africa is growing, with a focus on expanding hospital infrastructure and medical facilities.

He added, “The healthcare sector in Africa is expanding, driven by increasing urbanisation, ageing populations, and rising incomes. Countries like Nigeria, Kenya, and South Africa are prominent due to their large populations and improving healthcare infrastructure

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