Firm secures ₦1bn to accelerate telehealth care in Nigeria

As part of efforts to fast-track telehealth services in Nigeria, Mobihealth International has secured a ₦1 billion equity investment from SCM Capital to expand its technology-driven healthcare solutions across Nigeria.

The investment marks a significant milestone in Mobihealth’s mission to bridge healthcare access gaps through innovative, technology-enabled service delivery.

Founder and Chief Executive Officer of Mobihealth International, Dr. Funmi Adewara, described the investment as a strong endorsement of the company’s vision to democratise access to quality healthcare through technology. 

She noted that the funding would enable the organisation to scale operations nationwide, deploy more solar- and satellite-powered telehealth clinics, and further develop a world-class digital health ecosystem that connects patients with trusted medical professionals globally.

SCM Capital also expressed confidence in Mobihealth’s model, describing the company as an innovative, impact-driven healthcare provider positioned to shape the future of healthcare delivery in Nigeria. 

The Managing Director, Investment Banking at United Capital Plc, and transaction advisor to the deal, Dr. Gbadebo Adenrele, said the firm was proud to have advised on and facilitated the landmark transaction.

He explained that United Capital worked closely with Mobihealth to structure and execute a funding solution aligned with the company’s growth strategy while delivering value to investors.

According to him, the transaction reflects strong investor confidence in scalable digital health platforms and their potential to transform healthcare delivery across Nigeria.

Adenrele added that the funding would also support continued innovation within Mobihealth’s integrated digital health ecosystem, including virtual specialist consultations, remote patient monitoring, digital diagnostics, electronic medical records integration, and health workforce capacity building through telemedicine.

He further noted that the investment underscores growing confidence in scalable digital health models that enhance healthcare access, strengthen health systems, and deliver measurable outcomes. The partnership is expected to unlock new opportunities for innovation, sustainable healthcare financing, and expanded access to quality healthcare services for millions of Nigerians.