Square Pharmaceuticals, one of Bangladesh's major drugmakers, will begin producing pharmaceuticals at its multibillion-dollar manufacturing plant in Kenya within the next four months, aiming to meet unmet demand in Kenya, Tanzania, Rwanda, Burundi, Uganda, and South Sudan. The pharmaceutical company began building of a facility in the tax-free export processing zones (EPZ) in Athi River in 2018, with an initial expenditure of Ksh2.58.... Read more »

Posted on : Monday , 31st May 2021

The US International Development Finance Corporation (DFC) has announced the first release of a $5 million direct loan to Africa Healthcare Network (AHN), the biggest dialysis clinic operator in East Africa. The initiative is part of DFC's complete COVID-19 Response, which aims to mitigate the economic and health effects of the COVID-19 pandemic, as well as DFC's Global Health and Prosperity Initiative, which aims to enhance global health.... Read more »

Posted on : Monday , 31st May 2021

The County Government of Nakuru has partnered with a software developer based in the United Kingdom to automate medical records and revenue collection at all public health facilities in the county. Dr. Daniel Wainaina, Acting Chief Officer for Public Health Services, said the Elephant Healthcare Turnkey Solution, based in London, will digitize service delivery at Bahati, Langalanga, and Olenguruone Sub-County Hospitals on a trial.... Read more »

Posted on : Wednesday , 28th April 2021

The World Bank Group's International Finance Corporation (IFC) has announced collaborations with health technology company Philips and the Co-operative Bank of Kenya to assist small businesses in the health sector in purchasing critical medical equipment and strengthening their response to Covid-19 and other pressing healthcare challenges. The agreement is intended to provide risk-sharing services and assist small companies in obtaining up.... Read more »

Posted on : Thursday , 22nd April 2021

M3, Inc., a medical Web portal headquartered in Tokyo, has announced that its multi-stage corporate venture fund 1P1Y will invest in Africa Health Holdings Ltd, which runs medical facilities in Ghana, Nigeria, and Kenya. M3 will use this investment to improve the effectiveness and complexity of Africa Health's infrastructure, as well as to support its expansion plans. M3 will support Africa Health by leveraging its physician platform and.... Read more »

Posted on : Wednesday , 24th March 2021

Belayab Pharmaceuticals has signed a franchise agreement to open Haltons Pharmacies in Ethiopia with Ghanaian health tech startup mPharma. Under the terms of the agreement, mPharma will use its technology platforms, expertise, and extensive experience working with hospitals and retail pharmacies across Africa to help Ethiopia achieve universal medical coverage for all of its patients. mPharma and Belayab Pharmaceuticals are preparing.... Read more »

Posted on : Wednesday , 24th March 2021

Investing in specialist care has decreased the number of patients seeking medical attention overseas at exorbitant rates by more than 95%, from 200 to 300 patients a year, to less than 60. Eventually, government attempts to expand spending in the health sector have led the country to draw patients from surrounding nations. The Democratic Republic of Congo (DRC), Comoro, Uganda, Kenya, Malawi, Rwanda and Burundi are some of the neighboring.... Read more »

Posted on : Friday , 12th February 2021

In 2018, the government of Rwanda embarked on a new journey to establish an IRCAD centre in Kigali through the Ministry of Health in partnership with IRCAD France, a global institution dedicated to advancing and teaching minimally invasive surgery. By closing the technology and knowledge gap in the field of research and training, the partnership aims to improve and advance surgery in Africa. The IRCAD Africa Center, set to be unveiled.... Read more »

Posted on : Monday , 8th February 2021

Global pharmacy and laboratory equipment provider Sartorius is funding an aid initiative to develop pharmaceutical preparation in Tanzania with a donation of US$104,000 which will go to action medeor, the European medical aid organisation. The organization's initiative addresses young people who, after finishing their education as non-academic pharmacy professionals, will provide healthcare in Tanzania in order to improve the country's.... Read more »

Posted on : Tuesday , 29th December 2020

The European Investment Bank (EIB) has launched the first ever scheme aimed at strengthening the local production of active pharmaceutical ingredients in Africa and increasing the production of pharmaceuticals that are essential for improving public health. The EIB's recent US$60.9 million pharmaceutical investment program, unveiled jointly with the KENUP Foundation, would help eliminate drug import dependence and fix the gaps in the.... Read more »

Posted on : Tuesday , 29th December 2020

Turaco, a micro-insurtech start-up based in Kenya, has raised $2 million from Novastar Ventures, Mercy Corps Ventures, Musha Ventures, GAN Ventures, Zephyr Acron, and other angel investors in serial seed equity investment. The investment will be used to expand Turaco further and to increase its operations in Sub-Saharan Africa. In addition, the start-up seeks to build its proprietary technologies and to provide opportunities for jobs to.... Read more »

Posted on : Monday , 7th December 2020

The Africa Command of the United States Military (AFRICOM) donated a mobile field hospital worth SH173 million and transferred an additional SH131 million in vehicles and training equipment to the Kenya Border Police Unit (BPU). The U.S. Embassy said the new equipment is intended to increase police mobility in border areas, improve weapons capabilities and create training capacity for new officers. The embassy also said that it would.... Read more »

Posted on : Monday , 30th November 2020