Nigeria’s health-care sector is set to attract $1 million investment to Save One Million Lives of women and children from preventable causes such as malaria, malnutrition, lack of access to life-saving commodities, suboptimal supply chain systems amongst others.

This landmark investment which is driven by the Private Sector Health Alliance of Nigeria, a public-private coalition aimed at mobilising Nigeria ‘s private sector to improve health outcomes,  is via a Health Innovation Challenge (HIC).

This initiative, which is the first of its kind in Africa, will enable Nigeria accelerate progress in achieving   health related MDGs as the 2015 target hots up.

The HIC,  which will be launched on December 5th, 2014 by leading private sector business leaders in Nigeria including Herbert Wigwe (CEO, Access Bank and chair of the innovation challenge), Aliko Dangote,. Jim Ovia, will identify and support promising innovative models to improve healthcare service delivery in Nigeria’s comatose healthcare system

Supported innovations include new technologies, unlocking markets and process innovations targeted at addressing evidence-based healthcare challenges that respond to various geopolitical and socio-cultural peculiarities in Nigeria.