Nigeria and Brazil have signed a memorandum of understanding intended to strengthen Nigeria’s ability to produce essential medicines and vaccines locally, reducing its reliance on imports and reinforcing its health security.
According to the Nigerian government, which announced the deal on November 26, the Nigeria Health Sector Renewal Investment Initiative will serve as the framework for addressing bottlenecks across the health-value chain. The initiative will prioritize technology transfer, capacity building and an expansion of local production, with the goal of positioning Nigeria as a regional pharmaceutical hub.
NIGERIA AND BRAZIL SIGN STRATEGIC MOU TO BOOST LOCAL PHARMACEUTICAL ANUFACTURING AND INDUSTRIAL COOPERATION
— Government of Nigeria (@NigeriaGov) November 26, 2025
In a landmark move to strengthen Nigeria’s healthcare and industrial capacity, the Federal Ministry of Health and Social Welfare today hosted the signing of a Memorandum… pic.twitter.com/R39Rdwrdgc
The partnership also aims to create lasting technical and industrial ties between Abuja and Brasília by promoting knowledge sharing, skills development and investment in local infrastructure. The MoU follows a series of agreements signed in August during President Bola Tinubu’s visit to Brazil, when both sides emphasized the need to expand cooperation in drug development, vaccine production and broader industrial growth.
According to the National Agency for Food and Drug Administration and Control, 70% of the medicines consumed in Nigeria are imported, and all active pharmaceutical ingredients used in local manufacturing come from abroad. In addition to this dependence, medicine prices—whether locally produced or imported—have risen sharply, threatening access to treatment.
The government is working to accelerate the country’s self-sufficiency in vaccines and pharmaceuticals, promote local production, create new economic opportunities and spur job growth. Nigeria aims to produce 70% of its pharmaceutical needs by 2030 and 60% of its vaccines by 2040, while reducing drug imports to 40%.
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and expansion strategies Fintech leads deals as “Big Four”...
Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the...
Nigeria lowered oil and gas signature bonuses to $3m–$7m from much higher past levels. The change applies to payments made before license awards...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...