African Medical Center of Excellence (AMCE) successfully concludes Africa Health Forum 2024 in Abuja

by MMC
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The African Medical Center of Excellence Abuja (AMCE Abuja), a quaternary level multi-specialty medical institution developed by the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and King’s College Hospital, London, concluded their highly anticipated Africa Health Forum 2024 in Abuja, Nigeria, marking a significant milestone in the advancement of healthcare collaboration and innovation across the continent.

The forum brought together esteemed industry leaders, healthcare professionals and stakeholders from across Africa and beyond to discuss critical issues facing the healthcare sector and explore avenues for collaboration and of progress.

The opening segment featured Professor Benedict Oramah, Chairman and Chairman of Afreximbank, who provided valuable insights into the historical journey and mission of AMCE. Following Professor Oramah’s remarks, Professor Mohammed Ali Pate, Coordinating Minister for Health and Social Welfare, highlighted the current healthcare challenges in Nigeria, with a particular focus on non-communicable diseases.

Opening speeches from distinguished guests further enriched the dialogue, with HE Amb. Minata Samate Cessouma, Commissioner for Health, Humanitarian Affairs and Social Development and HE Dr Jean Kaseya, Director General of the Africa CDC, offer their perspectives on the future of healthcare in Africa.

A highlight of the event was the signing ceremony of the Equity Investment Modalities Agreement with the African Finance Corporation (AFC), aimed at facilitating the commitment of up to $40 million of AFC’s share in the development of AMCE Abuja.

Furthermore, the event saw the signing of a Memorandum of Understanding between Afreximbank and the Federal Ministry of Health and Social Protection to support the development of the health sector in Nigeria under the Presidential Initiative to unlock healthcare value chains (PVAC). Through a US$1 billion healthcare value chain program, the partnership will seek to support the creation of world-class medical and health facilities and increase domestic manufacturing of essential pharmaceuticals, diagnostics, vaccines, biological products and medical consumables. It will also reduce overseas medical tourism by improving the quality and accessibility of health services in Nigeria, promoting employment, fostering a culture of locally driven research and development and attracting investments in the healthcare value chain in Nigeria.

Throughout the day, participants were treated to engaging presentations and discussions on various topics affecting healthcare delivery on the continent, including the AMCE vision and mission, clinical overviews, strategies aimed at reducing healthcare worker tourism and the power of collaboration in healthcare.

The forum also featured cultural performances and networking opportunities, fostering a dynamic atmosphere of exchange and collaboration among participants.

Commenting on the success of the Forum: President and Chairman of the Board of Directors of Afreximbank, Benedict Oramah, said: “The African Medical Center of Excellence initiative was born out of the urgent need to address inadequacies in health facilities, particularly in the treatment of non-communicable diseases. With only 48% of Africa’s population having access to essential health services, the situation demanded immediate attention. This Forum is just one of many initiatives by the Afreximbank Group aimed at highlighting the urgency of the issue.

AMCE Abuja will not only serve as a hub for cutting-edge research and clinical services, but also as a training ground for future healthcare professionals across Africa. It will play a central role in tackling the growing burden of noncommunicable diseases and combating the brain drain of skilled medical personnel.

As we move towards its completion, we anticipate significant benefits for Africa, including job creation, improved access to healthcare and increased intra-regional trade in medical services. With construction well underway and operations expected to begin in early 2025, AMCE Abuja represents a beacon of hope for Africa’s healthcare landscape.

The AMCE Africa Health Forum provides a platform for stakeholders to strengthen partnerships and collaboration, highlighting the importance of collective action to achieve our common goal of a healthier Africa.

Reflecting on the success of the African Health Forum 2024, Brian Deaver, CEO of AMCE Abuja, expressed optimism about the future of healthcare in Africa, saying: “As we conclude the AMCE Africa Health Forum today, I am deeply encouraged by the spirit of collaboration and Shared commitment to advancing healthcare excellence across our continent. Our discussions today highlighted the urgent need for collective action to address the pressing challenges posed by non-communicable diseases (NCDs) in Nigeria and neighboring regions. AMCE is poised to play a central role in this endeavor, leveraging our expertise, resources and strategic partnerships to implement innovative solutions and improve health outcomes for all. Together, we can chart a path to a healthier, more prosperous future for Africa and its people.

Meanwhile, Afreximbank President and Chairman, Benedict Oramah, highlighted the profound impact of the project, stressing that it will generate approximately 3,000 jobs during its construction and operation phases. Additionally, it will enable rapid and life-saving detection and management of serious illnesses for over 200,000 patients in Nigeria and an additional 150,000 patients from other African countries within its first five years of operation. Furthermore, the project will play a central role in promoting intra-regional trade in medical services and strengthening supply chains in the medical and pharmaceutical sectors.

Distributed by APO Group for Afreximbank.

For media inquiries, please contact:
AMCE@hudsonsandler.com

About the African Medical Center of Excellence (AMCE):
The African Medical Center of Excellence Abuja (AMCE Abuja), a quaternary level multi-specialty medical institution developed by Afreximbank in collaboration with King’s College Hospital, London, aims to revolutionize healthcare in Africa. Established to fill critical gaps, AMCE Abuja is committed to providing world-class care through innovative research, development and education. The center, headquartered in Abuja, will offer comprehensive services in oncology, hematology, cardiovascular care and general healthcare across the continent, with plans for expansion. The main aim is to curb medical tourism by offering advanced procedures such as stem cell transplantation and cutting-edge treatments for various diseases. The construction phase, supported by global partners, precedes a gradual deployment over six years, evolving towards a 500-bed facility.

By addressing the healthcare brain drain and reducing medical tourism, AMCE Abuja creates employment opportunities in both medical and non-medical sectors. Following the groundbreaking ceremony in December 2021 by former President Muhammadu Buhari, AMCE Abuja is expected to begin operations in early 2025. This flagship facility in Abuja is a key part of Abuja’s network of health facilities. Afreximbank, actively combating the brain drain, reducing medical tourism, and promoting employment opportunities. The vision of the AMCE initiative is to shape a healthier and more educated future for Africa.

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