Market News| Africa Business News

Devolution dream come true for Kenya's shujaas, says Kabogo

Devolution is a dream come true for many Kenyan 'shujaas' as it has improved services at the grassroots, Kiambu Governor William Kabogo has said. He spoke in Githunguri on Thursday as Kenya marked Mashujaa Day in honour of those who contributed to the struggle for independence. Kabogo said decentralisation of resources has enabled his county to invest in infrastructure and health, exploit business opportunities and.... Read more »

Posted on : Monday , 24th October 2016

Mediheal Group of hospitals to open liver clinic in Nairobi, Eldoret and Nakuru

The Mediheal Group of hospitals will open three liver clinics in Kenya after signing a partnership with India's Yashoda Institute of Liver Transplant and Hepatobiliary Diseases. The clinics will be located in Nairobi, Eldoret and Nakuru towns. The partnership with Yashoda Hospital will bolster care and management for liver patients, while encouraging foreign investment in Kenya's medical sector. The deal will see.... Read more »

Posted on : Monday , 24th October 2016

Tanzania: Jakaya Kikwete Heart Institute Saves Millions for Nation

A cancer which has for years drained the country of its foreign exchange and denied thousands the chance to lead a peaceful life has at last been tamed. The cancer, overseas heart operation, which has for a long time consumed much of the nation's foreign exchange annually, may not have been totally disabled, but its ferocity has to a large measure been checked. "In 2015 alone overseas heart operations, most of them.... Read more »

Posted on : Friday , 21st October 2016

Dentist to return to Kenyan communities

Dr Magdalena Laskowska, of Harwood Dental Practice in Tavistock, and Dr Mitesh Badiani, who set up the charity SmileStar, along with a team of volunteers will be returning to Kenya to provide dental treatment and oral health education to the local communities. Many of the rural areas in Kenya have no dental service. Kenya’s population of 44-million has only 1,000 dentists (one dentist to 44,000 people) compared with the UK’s.... Read more »

Posted on : Thursday , 20th October 2016

Govt. Roche explore new areas of partnership

The Ministry of Health and Roche Kenya Limited are exploring additional areas of partnershipto lift the cancer burden in the country, after successfully signing a Memorandum of Understanding (MoU)last August. The two institutions held a meeting on Monday, to sought waysof working together to provide technical expertisetoexplore effective models of reimbursement, improve access to treatment and diagnostics, as well as maintenance of.... Read more »

Posted on : Thursday , 20th October 2016

Malaysian healthcare facility targets Kenyan market with specialised services

NAIROBI, KENYA: Columbia Africa’s first facility in Kenya has officially opened to the public to provide healthcare needs. The over Sh 250 million clinic and diagnostic centre located in Parklands, Nairobi, will target the country’s growing middle class whose appetite for affordable, modern and efficient healthcare facilities is on the rise. Columbia Africa is part of Seattle-based Columbia Pacific Management that also manages.... Read more »

Posted on : Wednesday , 19th October 2016

Chinese firm to build pharmaceutical plant in Ethiopia

A cornerstone-laying ceremony was conducted on Tuesday to establish a Chinese-invested pharmaceutical plant in Dukem town, about 40 km south of Addis Ababa, Ethiopia's capital. With an investment of 85 million U.S. dollars from a Chinese firm based in southwest China's Chongqing Municipality, the plant, Sansheng Ethiopia Pharmaceuticals Plc, when completed, is expected to have a production capacity of 10 billion tablets, 5 billion.... Read more »

Posted on : Wednesday , 19th October 2016

Rwanda: Govt Secures Rwf16 Billion to Boost Health Sector

Government and the Kingdom of Belgium have signed a financial agreement to support the health sector. The financial agreement worth Euros18 million (about Rwf16 billion) will be channelled through the Ministry of Health, according to Claver Gatete, Minister for Finance and Economic Planning. Gatete said this yesterday during the signing ceremony held in Kigali, where he stated that the money is part of the ongoing.... Read more »

Posted on : Monday , 17th October 2016

Kenyan firm buys Tanzanian drugs manufacturer

Catalyst Principal Partners, a Kenyan private equity firm, has bought a controlling stake in Tanzanian pharmaceutical company Zenufa Laboratories. The acquisition of Zenufa is Catalyst’s fourth investment in Tanzania and second investment in the healthcare sector. In 2014, it acquired Kenya’s Mimosa Pharmacy, which was later rebranded Goodlife Pharmacy and has rolled out across the region. The $125 million (Sh12.5 billion).... Read more »

Posted on : Saturday , 15th October 2016

Africa: World's First Drones for Medical Supplies Launch in Rwanda Today

he first medical supply of remotely piloted aircraft, popularly known as drones, will be launched in Rwanda today. The pioneer project, in Muhanga District in southern Rwanda, will see drones used in delivery of much needed supplies to ensure efficiency and timeliness. The launch comes nine months after the Government entered into an agreement with Zipline Inc, a California-based robotics firm to build infrastructure for unmanned.... Read more »

Posted on : Saturday , 15th October 2016

Rwanda: World�s first drones for medical supplies launched today

The first medical supply by remotely piloted aircraft, popularly known as drones, will be launched in Rwanda today. The pioneer project, in Muhanga District in southern Rwanda, will see drones used in delivery of much needed supplies to ensure efficiency and timeliness. The launch comes nine months after the Government entered into an agreement with Zipline Inc, a California-based robotics firm to build infrastructure for unmanned.... Read more »

Posted on : Saturday , 15th October 2016

Tanzania: Minister Defends Medical Stores Department

Dar es Salaam — Health Minister Ummy Mwalimu on Monday defended the monopoly of the Medical Stores Department (MSD). The minister said the agency must remain the country's sole authority for procuring and supplying medical supplies, instead of creating "competing agencies" in the distribution chain. She said a commissioned study saw no need for the government to allow an alternative supplier of drugs and.... Read more »

Posted on : Wednesday , 12th October 2016