African Medical Centre raises $6m to fund indigent Nigerians’ healthcare

The African Medical Centre of Excellence (AMCE), an initiative of Afrexim Bank, on Tuesday said it had so far raised $6 million through its Foundation to provide quality healthcare for indigent Nigerians.

Brian Deaver, CEO of AMCE, said this during an update on the progress of the medical centre, set for launch in June 2025 in Abuja. The Centre aims to curb medical tourism by offering world-class medical services while creating opportunities for Nigerian doctors in the diaspora to return and practice locally.

To ensure the Hospital remains accessible and affordable, Deaver explained that the AMCE Foundation was established to receive donations that would subsidise care for patients unable to afford treatment.

“Additionally, we’ll use those funds for any capital required to expand our services. And it will also be used to fund certain types of research,” he stated.

Deaver expressed confidence that the hospital would commence operations as planned, providing specialised services such as cancer care, cardiovascular treatments, and the management of haematological and blood disorders.

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“We will not only treat sickle cell disease but will also provide a permanent cure using stem cell technology,” he said. “For patients with heart blockages, we can prevent heart attacks by removing these blockages. In the case of cancer, we will employ various advanced diagnostic and treatment methods”, he added.

Deaver further stated that the AMCE had received additional investment from the Bank of Industry and the Nigerian National Petroleum Corporation Limited (NNPCL), reducing Afrexim Bank’s ownership stake in the project, why applauding the development

The AMCE aims to revolutionise healthcare in Nigeria and across the African continent, positioning itself as a premier destination for advanced medical care while reducing the need for Nigerians to seek treatment abroad.

Earlier, the CEO led key stakeholders in the AMCE and Federal Government delegation led by Barau Jibrin, the deputy Senate President on a tour of the hospital.