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Vestergaard Sàrl to Manufacture Insecticide-Treated Nets in Nigeria

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Insecticide-Treated Nets

By Adedapo Adesanya

Danish-Swiss headquartered Vestergaard Sàrl has signed a Memorandum of Understanding (MoU) with the Nigerian government through the Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC) to build a manufacturing hub for insecticide-treated nets (ITNs) to combat Malaria.

The milestone, if achieved, means Nigeria will house the first West African manufacturing hub for insecticide-treated nets in the battle against Malaria. It will also be the first on the continent to produce dual active-ingredient nets to help combat insecticide resistance.

Combatting Malaria has been a top goal of African governments with the continent accounting for almost 95 per cent of the world’s cases and one-quarter of these are in Nigeria.

According to a statement, the MoU will lay the foundation for Vestergaard to establish a joint venture with a local manufacturing partner in Nigeria, potentially supported by MedAccess, a social investor founded by British International Investment, the UK’s development finance institution and impact investor.

The selection of an appropriate partner is currently underway and will be subject to the satisfactory conclusion of a due diligence process, a statement seen by Business Post added.

Vestergaard also said it was discussing opportunities for financing with the United States International Development Finance Corporation (DFC).

If successful, the joint venture will result in a state-of-the-art manufacturing facility that is expected to function as a flagship on ITN quality and bioefficacy performance, as well as industrial health, safety and sustainability practices.

At scale, the planned facility would produce 10 million PermaNet Dual long-lasting insecticidal nets every year, for both domestic use in Nigeria and international export. It would create around 600 jobs in Nigeria.

According to Mr Amar Ali, CEO of Vestergaard,  “This partnership exemplifies the leadership and commitment of the Nigerian government in the fight against Malaria. We are very grateful for their engagement and support as we work together with partners to create a cutting-edge facility that will set a global benchmark in the manufacturing of dual-insecticide nets.”

Also speaking on the development, Dr Muhammad Ali Pate, the Minister of Health for Nigeria, said “Increasing access to long-lasting insecticide-treated nets is crucial. We cannot afford to underestimate the power of prevention in our fight against Malaria.

“Collaborative efforts, such as this, are essential to mobilizing the resources and expertise needed to combat malaria effectively.”

On his part, Dr Abdu Mukhtar, National Coordinator of PVAC, said “High standards in local production are non-negotiable. By investing in local bed net production, we are not only improving health outcomes but also paving the way for a self-sufficient healthcare system that can withstand global challenges.

“This partnership with Vestergaard is a significant step towards attaining this for Nigerians and the broader West African population.”

Mr Michael Anderson, CEO of MedAccess, added that “Next generation mosquito nets are powerful tools to save lives and prevent debilitating disease. Regional manufacturing is in turn a critical tool to ensure that the nets are available quickly, reliably, and sustainably.

“This agreement between the Government of Nigeria and Vestergaard underlines an important commitment to protecting people from malaria while strengthening supply chain resilience in the region.

“MedAccess is looking forward to working in partnership to explore how innovative finance can support this initiative.”

Adding his input, Mr Jim Polan, Vice President, Office of Health & Agribusiness at the US International Development Finance Corporation (DFC), noted that “DFC’s investments in regional manufacturing, particularly in Africa, aim to strengthen health system resilience and diversify supply chains.

“We are exploring a variety of opportunities to expand access to critical health products, including bed nets, to ensure the region is better prepared to respond to malaria and other vector-borne transmission due to changing climate patterns.”

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Oyo Enrols 10,000 Primary School Pupils for Healthcare Insurance Scheme

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Oyo primary school pupils insurance

By Modupe Gbadeyanka

About 10,000 primary school pupils have been enrolled by the Oyo State government for its healthcare insurance programme as part of efforts towards ensuring the children are of sound minds.

The beneficiaries were chosen from 90 schools across 18 local government areas of the state, and were presented their insurance scheme ID cards on Thursday at the Ibadan Civic Centre, Idi-ape, Ibadan, by the Deputy Governor, Mr Bayo Lawal.

He applauded the partnership and collaboration between the Oyo State Health Insurance Agency (OYSHIA) and the Oyo State Universal Basic Education Board (OYOSUBEB) in providing healthcare opportunities to public school children in the state.

“This scheme will ensure that our children have sound minds, while they learn in conducive environments.

“This event is a collective effort in securing a brighter future of Oyo State pupils,” the deputy governor said.

Mr Lawal also charged OYSHIA to double its efforts in extending the scheme to every school in the State, urging parents and guardians to key into the scheme.

In her goodwill message, the Chief of UNICEF in the Lagos Field Office, Ms Celine Lafoucriere, noted that the launch of the Oyo State Public Primary School Pupils Health Insurance Scheme would give access to affordable, quality healthcare; a fundamental right for every child.

“This initiative reinforces our collective commitment to universal health coverage, ensuring that no child faces financial obstacles to accessing healthcare.

“Universal health coverage is more than a healthcare goal—it’s a social and economic necessity. When children have access to healthcare, they can focus on education, grow into productive adults, break the cycle of poverty, and contribute to the success of Oyo State and Nigeria.

“This scheme exemplifies this by focusing on public primary school children, especially in hard-to-reach areas. With 90 schools already enrolled across 18 LGAs, our goal is to ensure all 33 LGAs in Oyo state are covered, leaving no child behind.

“UNICEF remains steadfast in supporting the government and communities toward universal health coverage,” she stated.

On her part, the Commissioner for Health, Dr Oluwaserimi Ajetunmobi, applauded OYSHIA and OYOSUBEB for their commitment towards healthy basic school pupils, assuring them of her Ministry’s unparalleled commitment to the scheme.

Also speaking, the Chairman of OYOSUBEB, Mr Nureni Aderemi Adeniran, applauded OYSHIA, pledging the board’s commitment to the smooth take-off and sustainability of the scheme.

“At OYOSUBEB, we operate on the principle of taking care of the pupils under our care as though they are ours,” he said, adding that the scheme would enable the beneficiaries to receive quality healthcare without paying exorbitantly to access it.

Earlier, the Executive Secretary of OYSHIA, Dr Olusola Akande, said the new door being opened today, is focusing on providing access to healthcare for 10,000 public primary school pupils in the first instance, noting that the agency will also commence an enrolment of additional 5,500 pupils into the scheme from next week.

He praised UNICEF, through whose support the agency has been able to improve on its awareness campaign and increased the communities under the Community Based Health Insurance scheme by 100 per cent.

He equally stressed the unparalleled commitment of SUBEB chairman to the scheme, stating, “His open door policy and unrestricted access ensured we were able to keep to our timeline.”

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naturalX Secures €100m to Drive Consumer Health in Europe

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naturalX

By Adedapo Adesanya

A venture capital fund focused on consumer health startups that are reshaping the future of healthcare, naturalX Health Ventures has announced a €100 million fund to accelerate this revolution in Europe.

This makes the fund the first specialized fund focused exclusively on the intersection of consumer and health in the European market.

The fund will focus primarily on Series-A investments while remaining flexible to participate in late Seed and Series-B rounds. Typical first investments range from €3-5 million, with up to €10 million available per company.

To companies, naturalX can act as either lead investor or co-investor, targeting consumer health startups across Europe with selected investments in North America.

naturalX was founded by Mr Marvin Amberg, a German serial entrepreneur with experience launching consumer and health startups, in cooperation with Schwabe Group, a global leader in plant-based pharmaceuticals. The fund defines consumer health as the intersection of wellness and medicine, where science-backed products and services put the consumer in focus.

During its 18-month ramp-up phase, naturalX has already made several investments, including mybacs, Flow Neuroscience, Kyan Health, and Meela, while also investing in healthcare-focused VC funds to build a strong ecosystem around their thesis.

Speaking on the development, the founder of the firm, Mr Marvin Amberh “I am very excited to double down on our thesis with the official launch of naturalX. The consumer health space has been overlooked by investors.”

“We see an inflection point in Europe now, as consumers are finally taking more charge of their own health. Startups in the space need a partner with a shared vision,” he added.

The fund’s launch comes at a pivotal moment in consumer health after the COVID-19 pandemic accelerated consumers focus on proactive health management, further boosted by easier access to data through technology, including AI.

naturalX targets solutions across proactive health, including sleep, gut health, prevention, and longevity. The fund also places special emphasis on mental health, recognizing the growing need for consumer-centric therapeutic solutions in this underserved area.

The investment strategy bridges Schwabe Group’s deep pharmaceutical expertise with modern digital health innovation.

“We analysed the US health market and in many successful startups, the consumer is already at the centre. Our thesis is that this is just the beginning, and the European market will develop in a similar pattern. While we start to see some examples of consumer-focused healthcare companies in Europe reaching meaningful scale and significant funding, such as Oura or Neko Health, we think this market deserves more attention,” added Mr Amberg.

“naturalX led our Series-A round and has been an exceptional partner, bringing not only capital but also invaluable knowledge of the nutritional supplement and broader consumer health market. Their pragmatic, fast decision-making allows us to focus on growing our business,” said Mr Carl-Philipp von Polheim, Founder of mybacs, a leading DTC probiotic subscription startup.

“At Kyan Health, we are dedicated to proactive mental health management—empowering individuals before issues escalate. naturalX shares this vision, recognizing that prevention is key to lasting impact. Their deep expertise and strategic approach make them an ideal partner in driving meaningful change for millions,” said Mr Vlad Gheorghiu, Founder of Kyan Health, a leading mental health platform for employees.

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MultiChoice Donates Medical Items to Sickle Cell Foundation

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MultiChoice Sickle Cell Foundation

By Modupe Gbadeyanka

Some medical items worth about N1.6 billion have been donated by MultiChoice Nigeria to the Sickle Cell Foundation Nigeria (SCFN) located in Lagos.

The medical supplies were given by the leading pay TV provider as part of its commitment to improving healthcare delivery in the country.

This initiative underscores the dedication of MultiChoice, which operates the popular DStv and GOtv, to making a meaningful impact through strategic partnerships that address critical healthcare challenges and enriching lives of vulnerable populations across Africa.

“We remain dedicated to improving the well-being of our communities through strategic interventions that create a lasting impact.

“The Sickle Cell Foundation plays a crucial role in advancing healthcare for individuals living with sickle cell disorder, and we are proud to support their important mission with this donation,” the chief executive of MultiChoice West Africa, Mr John Ugbe, said.

It was gathered that the vital medical items donated included personal protective equipment (PPE) isolation gowns, test kits, and medical infrared thermometers.

They are aimed at supporting the foundation’s ongoing efforts to provide healthcare services to individuals living with sickle cell disorder and enhancing preparedness for medical emergencies across their nationwide partner hospital network.

The chief executive of SCFN, Dr Annette Akinsete, while receiving the items, commended MultiChoice for its continued support to the organisation.

“On behalf of the foundation, I appreciate MultiChoice for this gesture. This is a big deal to us. MultiChoice has always been a huge supporter of the Foundation, and we appreciate what you have done and are still doing.

“A bulk of these items will go to Massey Street Children’s Hospital and some will be sent to our partner hospitals across the country,” the medical practitioner said.

Recall that in 2009, MultiChoice Nigeria signed a Memorandum of Understanding (MoU) with the SCFN. It has continued to support the foundation through various interventions including donation of vehicles, partnership on counselling workshops, fundraising and broadcast of awareness documentaries on key facts about sickle cell disease on its DStv and GOtv platforms.

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