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Africa Loses $7bn Annually On Medical Tourism – Afreximbank

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The African Export-Import Bank (Afreximbank) says Nigeria and other African nations are losing billions of dollars annually to medical tourism.

Afreximbank’s Export Development Managing Director, Mrs Oluranti Doherty, made the assertion while speaking at the 32nd Afreximbank Annual Meetings (AAM2025) in Abuja on Thursday.

Doherty said the trend was hindering economic development and local healthcare infrastructure.

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She identified the soaring costs of medical tourism as a major drain on African economies.

READ ALSO:FULL LIST: Nigeria Emerges As Africa’s Third Most Formidable Military Force

According to her, Nigeria alone loses an estimated $1.1 billion annually to medical tourism, while the entire African continent collectively forfeits approximately $7 billion yearly.

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“We had our member countries losing a lot of foreign exchange to medical tourism.

“We just talked about Nigeria, where our medical tourism annually is about $1.1 billion.

“The entire continent is about $7 billion just because we can’t help ourselves with ourselves when we come up with chronic diseases.

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“ That’s money that’s going to other economies, building up their institutions,” she said.

READ ALSO:‎Italian PM Trumpets Plan To Boost African Economies At EU Summit

She noted that the capital outflow diverts funds that could be invested in local healthcare.

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Doherty added that the development contributes to a “brain drain” of skilled medical professionals from the continent.

“Another thing we noted was a great way we were losing a lot of our good talents.
“The best of talents in the health sector were going out of the continent, working in places such as India, Asia, Middle East, America, and that often was an issue,” she said.

Doherty said the bank launched its Health and Medical Tourism Programme in 2012 long before the broader recognition of healthcare’s connection to economic security in response to the challenge.

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READ ALSO:Again, Nigerian Pastor Acquitted Of Rape, To Leave South Africa

Afreximbank was innovative. I call us the innovative financier, innovative investors.

“We recognised this part since 2012 and we set about doing something about it.

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“A key initiative borne from this foresight is the Africa Medical Center of Excellence (AMCE) in Abuja, a 170-bed facility boasting state-of-the-art equipment, including an 18 MeV cyclotron, a three-Tesla MRI, and a 20-bed ICU.

“Afreximbank has invested over $450 million to establish and scale up this project,” she said.

READ ALSO: FULL LIST: Nigeria Emerges As Africa’s Third Most Formidable Military Force

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The official praised the leadership behind the AMCE, noting, “Afreximbank had to go where no one has gone before; Afreximbank’s leaders adhered to the dreamers.

“The AMCE aims to provide healthcare services comparable to global standards, not just African standards.

“I’m talking about global standard. I’m talking about Africans coming up with solutions to challenge,” she said.

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She, however, stressed the need to build trust in local healthcare facilities and ensure access for all to stem medical tourism.

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Netanyahu Asks Israeli President For Pardon From Corruption Charges

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Israeli Prime Minister, Benjamin Netanyahu, has asked the country’s president for a pardon in his long-running corruption case, saying the criminal proceedings are hindering his ability to govern and that ending the trial would benefit the nation.

Netanyahu, Israel’s longest-serving prime minister, has denied the bribery, fraud and breach of trust charges.

His lawyers told the president’s office that he still believes the legal process will eventually lead to a complete acquittal.

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READ ALSO:Israeli PM Netanyahu Back In Court For Graft Trial

My lawyers sent a request for pardon to the president of the country today. I expect that anyone who wishes for the good of the country support this step,” Netanyahu said in a brief video statement released by his Likud party.

The prime minister, who has been on trial for five years, has not admitted guilt, and neither have his lawyers. Opposition leader Yair Lapid said Netanyahu should not receive a pardon unless he admits wrongdoing, expresses remorse and immediately withdraws from political life.

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Pardons in Israel are usually granted only after a conviction, but Netanyahu’s lawyers argued the president can step in when public interest is at stake, saying intervention could help heal national divisions and promote unity.

READ ALSO:Netanyahu’s Plane Takes Unusual Route To UN Summit

President Isaac Herzog’s office described the request as “extraordinary” with “significant implications”. His office said the president “will responsibly and sincerely consider the request” after receiving the necessary opinions.

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United States President, Donald Trump, recently wrote to Herzog urging him to consider approving the pardon, describing the case against Netanyahu as “a political, unjustified prosecution”.

Herzog’s office said the request will be sent to the justice ministry’s pardons department to gather assessments that will be forwarded to the president’s legal adviser, who will prepare a recommendation.

(Reuters)

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US: Four Killed, 10 Others Wounded In California Shooting

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Four people were confirmed dead and 10 others injured after a shooting at a family gathering in California, United States on Saturday night, according to US police, who described the attack as a “targeted incident.”

The incident occurred inside a banquet hall in Stockton, northeast of San Francisco, shortly before 6:00 pm, spokesperson for the San Joaquin County Sheriff’s Office, Heather Brent, told reporters during a news briefing.

Brent said the victims, ranging from “juveniles to adults,” were rushed to nearby hospitals, noting that details about the shooting remained limited.

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READ ALSO:FULL LIST: US To Review Green Cards From 19 ‘Countries Of Concern’ After Washington Shooting

“What we have confirmed at this time is that there was a banquet hall where a family was celebrating. We have 14 victims of this shooting. Four of those are deceased,” Brent said.

“Early indications suggest that this may be a targeted incident. Investigators are exploring all possibilities at this time.”

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The sheriff’s office posted on social media that detectives were “working to determine the circumstances leading up to this tragedy.”

READ ALSO:Police Begin Trial Of Officer In Fatal Shooting Of Enugu Musician

“We are urging anyone with information, video footage, or who may have witnessed any part of this incident to contact the San Joaquin County Sheriff’s Office immediately,” the post added.

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Authorities said no suspect had been identified at the time of the report.

California Governor Gavin Newsom was briefed on the development, his office said in a social media statement.

Data from the Gun Violence Archive shows there have been 504 mass shootings in the United States so far this year, including the Stockton attack.

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(AFP)

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FULL LIST: US To Review Green Cards From 19 ‘Countries Of Concern’ After Washington Shooting

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The Trump administration announced on Thursday that it will review the immigration status of all permanent residents, or “Green Card” holders, from Afghanistan and 18 other countries following the attack on National Guard troops in Washington, D.C.

U.S. officials identified the suspect in Wednesday’s shooting as a 29-year-old Afghan national who previously worked alongside American forces in Afghanistan.

The individual was granted asylum earlier this year, not permanent residency, according to AfghanEvac, an organisation that assists Afghans resettled in the United States after the Taliban takeover in 2021.

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I have directed a full-scale, rigorous reexamination of every Green Card for every alien from every country of concern,” said Joseph Edlow, director of U.S. Citizenship and Immigration Services (USCIS), on X.

READ ALSO:FG To Unveil Digital Single Travel Emergency Passport January

The review follows a June executive order from President Trump classifying 19 countries as “of Identified Concern.”

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The order banned entry for nearly all nationals from 12 countries, including Afghanistan. The full list of these countries is:

Afghanistan

Myanmar

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Chad

Congo-Brazzaville

Equatorial Guinea

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Eritrea

Haiti

READ ALSO:Coup: ECOWAS Suspends Guinea-Bissau

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Iran

Libya

Somalia

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Sudan

Yemen

A partial travel ban applies to seven additional countries, though some temporary work visas remain allowed: Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan, and Venezuela.

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