Healthy Horizons:
Strategies for Elevating Nigeria's Healthcare Landscape
date
June 2024
by
Research and Intelligence team
share
date
June 2024
by
Research and Intelligence Team
SHARE

The healthcare sector is among the most dynamic sectors globally that have undergone significant changes over the last few years. The industry comprises pharmaceuticals, biotechnology, residential care facilities, and managed healthcare. In Nigeria, the size of the healthcare industry was ₦1.2 trillion in 2022, and the sector contributed less than 1% of the country’s gross domestic product (GDP)[1]. This suggests that the sector has yet to reach its potential and has more room for growth.

Healthcare service delivery is categorised into three groups: government-owned, privately owned and faith-based. The government-owned landscape comprises the primary, secondary and tertiary healthcare centres. Primary Health Centres (PHCs) are a network of clinics and community health centres focused on preventive and basic curative services. It is most patients’ first point of contact and accounts for approximately 70% of all healthcare consultations. In many rural areas across the country, the PHCs are critical in providing primary health services to inhabitants. Accounting for roughly 20% of healthcare consultations, Secondary Healthcare includes general hospitals equipped to handle more complex medical conditions and offer specialised services…

Download to read more
Download
Stanley Evans MBE
Director

Stan’s impressive career showcases his global leadership and a strong commitment to establishing successful businesses abroad. With over 20 years of experience in commercial leadership, Stan has effectively overseen assembly, manufacturing, and distribution operations across Africa and Asia.

He is a successful entrepreneur who received an MBE from Her Majesty Queen Elizabeth II in 2022 for his contributions to British Business Overseas. A trusted advisor in Africa to private and public sector leaders, for the past 12 years, he has chaired the British Business Group in Nigeria, the second-largest business group globally and the largest networking organisation in Nigeria. He has also established chapters in India.

In 2019, Stan held the position of Chief Commercial Officer and Sales Director for Boulos Enterprises Limited in Nigeria. Before this, he was the Managing Director for Porsche India, leading the market entry strategy and establishment of Porsche dealerships in Mumbai, Chennai, and New Delhi. In 2008, he was MCL’s Operations Director, an ITOCHU Japan division. Before that, in 2002, he was the Operations Director and co-founder of Braylake Car Company.

Stan holds dual citizenship from the UK and Ireland and is fluent in English with working knowledge of Hindi, Welsh, Irish, and French. He thrived in diverse environments and was educated at Heronswood School and Turnford College in Medical Electronics.

Ola Adebowale
Co-founder

Ola is a seasoned energy leader with over 20 years of experience driving success in complex, fast-paced environments across the US, Asia, and Sub-Saharan Africa. His role as CEO & board member of VOE and affiliated companies is built on a solid foundation established at leading Dresser-Rand Siemens (Sub-Sahara Africa Managing Director), General Electric Nigeria (Managing Director), and other Executive positions held with GE in the US.

Ola is a skilled negotiator and an expert in deal structuring; his expertise spans Oil and Gas, Energy, Aviation and industrial business sectors. He has a proven track record of exceeding P&L targets, building partnerships, structuring organisations, incubating new ventures, and managing new service/product lifecycles. His focus on business transformation ideologies continues to translate to lasting values in organisations with which he is associated.

Ola is a certified Six Sigma Master Black Belt; He holds a BSC in Industrial, Manufacturing, & Information Engineering from Morgan State University and a Masters in Executive Business Management from Liberty University. He was born in the US, with strong cultural ties to Africa; he strongly advocates local content development.

Ola will chair Idyha’s CSR Leadership Engagement committee to ensure they remain a responsible corporate social citizen.

Rob Taiwo
Co-founder &
Managing Partner

Rob is a strategic business leader and board advisor with specialist experience in delivering successful corporate turnaround strategies across Africa and Europe. He has worked with major clients in investment banking, consulting, venture capital/private equity, FMCG, and government. In 2021, The Guardian Nigeria newspaper named him one of the country’s most impactful CEOs.

Until 2024, Rob served as Managing Director of Phillips Consulting Nigeria, the largest independent consulting firm in West Africa, with 14,000 group employees. Under his leadership, the company achieved consistent year-on-year profit and revenue growth. In 2023, he led the $MM international fundraising and due diligence for one of Africa’s most dynamic Startups.

In 2017, Rob was a Director at Diageo Nigeria. In 2009, he founded Whitespace Advisory, a strategy consulting firm in the UK. He also held senior management positions in strategy, transformation, and technology at Capgemini Consulting in the UK and France and Commerzbank Securities in Germany and the UK.

Born and raised in the United Kingdom, with periods growing up in Nigeria, he lectures at Pan African Business School, Nigeria, on Strategy Execution and Leadership in Africa and was a guest mentor on the Warwick Business School Strategy case study.

He graduated from Harvard Business School’s Private Equity and Venture Capital programme and holds an MBA from Warwick Business School.

Fill in your details to download
Fill in your details to download
Fill in your details to download
Fill in your details to download
Fill in your details to download
Capital Investments
We drive African growth through equity investments. With unparalleled local expertise, our team identifies high-potential businesses in Africa's most dynamic sectors, and we partner with exceptional leadership teams and strategic investors to unlock value. Through rigorous analysis and a vast network, we source the most promising deals.

We provide more than just capital; we offer deal sourcing, operational guidance, and exit strategies to maximise returns for key stakeholders. Together, we build a stronger future for the continent, all while delivering exceptional returns.

To learn more please contact us
Governance Optimisation
For African businesses, effective governance is critical for optimal decision-making and transparency. We provide:
  • Board Reviews: We thoroughly evaluate the board's performance, identifying areas for improvement and adherence to best practices. This leads to better decision-making, a stronger board composition, and a more effective governing body.
  • Corporate Governance Implementation & Optimisation: Beyond the boardroom, we implement and optimise corporate governance frameworks, ensuring transparency, robust risk management practices, and best practice compliance.
  • Proxy Services: We offer specialised services to navigate the complexities of proxy voting. This includes guidance on proxy solicitation, developing voting policies, and proxy recommendations.
To learn more please contact us
Value Creation
By combining the priorities of equity investors with the ability to navigate local nuances, we achieve swift, tangible, and sustainable results.
Our on-the-ground delivery teams include consulting experts and experienced business professionals from African industries. Each team member deeply understands the critical areas that drive value creation, such as strategy implementation, business transformation, and operational excellence. They have a proven track record of collaborating with company executives to implement "buy and build" strategies, manage business turnarounds, and lead restructuring efforts to improve performance.
To learn more please contact us