Market News| Africa Business News

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

Tender mercies shown by dental team

It is becoming a habit for Hadleigh Reid to spend his down-time overseas - providing free dental treatment for some of the world's poorest people. The Whanganui dentist is serving his second tour of duty in Africa with Mercy Ships. This month-long humanitarian adventure has taken Reid to post-Ebola Benin, where he is treating up to 18 patients living in poverty each day. On appointment days, the dental team.... Read more »

Posted on : Tuesday , 11th October 2016

Tanzania: Mindray Brings Hope to Medics in Tanzania

Beijing — Mindray Medical International Company, manufacturer of medical equipment, has a number of equipment in several hospitals. The Shenzhen based company supplied equipment to Aga Khan Hosptial, Hindu Mandal Hospital, Regency Medical Centre, Muhimbili National Hospital, TMJ, Sanitas Hospital, and some others. According to Mindray spokesperson Mr Jason Wang, the company resorted to technological.... Read more »

Posted on : Tuesday , 11th October 2016

Tanzania: Improved Health Research Hailed

The government is keen to continue supporting the design, development and deployment of innovative scientific technology to accelerate the translation of research into improved health. Addressing the 30th Annual Joint Scientific Conference in Dar es Salaam yesterday, Vice- President, Ms Samia Suluhu Hassan, said such programmes would allow researchers to propose highly creative research projects across a broad range of biomedical.... Read more »

Posted on : Friday , 7th October 2016

Cummings Foundation hosts Rwandan university executive director

Cummings Foundation recently hosted a dinner for Peter Drobac, executive director of University of Global Health Equity in Rwanda. Drobac shared an update about UGHE, a brand new health sciences university that has received substantial funding from Woburn-based Cummings Foundation. The group of 10 that gathered at New Horizons at Choate for the intimate dinner and presentation from Drobac included Cummings Foundation founders.... Read more »

Posted on : Thursday , 6th October 2016

Tanzania: Cuba Offers to Boost Health Sector

Dar es Salaam — As the government is set to launch a biotechnology plant for manufacturing products that kill mosquito larvae by the end of this year, the government will construct a pharmaceutical company to reduce the importation cost. Vice President Samia Suluhu Hassan revealed that during a press briefing following the official visit of Cuba Vice President, Salvador Mesa. Mr Mesa who was expected to leave on.... Read more »

Posted on : Thursday , 6th October 2016