UBA launches a U.S. program to help Nigerians abroad invest in healthcare facilities in Nigeria

United Bank for Africa (UBA) has unveiled a new diaspora-focused healthcare investment platform aimed at mobilising capital from Nigerians abroad to fund hospitals, diagnostic centres and medical infrastructure across the country.

The initiative was launched at the 2026 ANPA Carolinas Symposium in Charlotte, United States, where Nigerian-American physicians and other healthcare professionals gathered for medical and scientific discussions.

According to a statement from the bank, the event brought together more than 170 participants from North America, the Caribbean and Africa under the Association of Nigerian Physicians in the Americas (ANPA).

UBA’s Head of Diaspora Banking, Anant Rao, said the platform is designed to shift diaspora engagement beyond remittances toward structured long-term investments in healthcare development.

He explained that the ANPA-UBA Diaspora Healthcare Investment Platform will finance specialist hospitals, telemedicine systems, diagnostic centres and medical training institutions in Nigeria.

Rao added that the platform is expected to deliver financial returns to investors while simultaneously improving access to quality healthcare services in the country.

He also noted that UBA will act as the custodian and structuring bank for the initiative, while United Capital Asset Management will serve as fund manager, overseeing assets reportedly worth over ₦1.2 trillion.

The bank said the initiative also includes plans for financial education, preferred banking services, healthcare infrastructure funding, and wealth management solutions tailored for Nigerians in the diaspora.

Dangote Refinery’s IPO is scheduled for September, with investor demand approaching $2 billion.

Other components of the programme include family healthcare plans, elder-care trust services, and co-investment opportunities through impact-driven funding structures.

UBA described the platform as part of its broader strategy to deepen diaspora banking and expand financial participation in Nigeria’s development sectors, particularly healthcare and infrastructure.

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