Our Teams · Deals
Building Nigeria's healthcare investment pipeline.
The Deals Team originates, structures and shepherds PVAC's investment pipeline — from individual transactions through to the design of the Lafiya Fund.
- Active opportunities
- 90
- In live DFI discussions
- 56
- Total funding requested
- $1.2B
- DFIs engaged
- 10
Flagship Workstream
Lafiya Fund
— a $200M blended-finance vehicle.
A direct catalytic investment into Nigeria's healthcare sector, targeting the thousands of small and medium healthcare enterprises that underpin care delivery, pharmaceutical supply and health innovation across the country but remain chronically underserved by traditional finance.
Download the Fund one-pager6.5M
lives improved through expanded access to quality healthcare
40,000
jobs created — at least half for women
$65M
in annual locally manufactured health-product value
500+
health facilities upgraded with climate-resilient infrastructure
Pipeline Composition
$1.2 billion in funding requests across four sectors.
68 % of pipeline companies seek funding below USD 20M, aligning with BOI's bracket. The pipeline spans prevention, treatment, diagnostics and delivery.
| Sector | Companies | Funding (USD) | Share |
|---|---|---|---|
| Hospitals | 21 | $596M | 51% |
| Vaccines & Anti-Venom | 5 | $266M | 23% |
| Medical Supplies & Equipment | 14 | $162M | 14% |
| Pharmaceuticals | 13 | $135M | 12% |
DFI Engagement
Active across ten development finance institutions.
USD 75M unlocked via the Afrexim-BOI partnership for smaller deals, and EUR 50M via EIB-BOI for the same bracket. NCGC guarantee discussions are underway to ease BOI collateral constraints by up to 60 %.
European Investment Bank (EIB)
Since Nov 20248 teasers shared. One company has received no-contest approval and is in advanced documentation. EIB visited Nigeria in May 2025.
Afreximbank
Since 2024Engaged across three teams: large deals (>$10M), small deals (<$5M) and APPF for project preparation.
Bank of Industry (BOI)
Since Aug 202416+ transactions engaged. 10 companies have completed all documentation except LOI and bank guarantees. NCGC partnership being explored to guarantee up to 60% of transactions.
African Development Bank (AfDB)
Since Apr 202516 one-pagers shared; 4 companies shortlisted.
NSIA
Since Jan 20255 teasers shared. 2 companies advanced to KYC. NSIA is offering mixed Naira / Dollar debt to reduce forex risk.
IFC
Since Feb 2025Interest shown in projects outside major metros and in co-funding the PVAC / Empower Swiss manufacturing academy.
Looking for the full pipeline summary?
Download the April 2026 PVAC Pipeline Report — sector breakdown and DFI status by company.
Engage with PVAC
Join the value-chain transformation.
Investors, manufacturers, regulators, academics, development partners — every pillar of the healthcare value chain has a seat at the table. Tell us where you fit.