Public Management

Côte d'Ivoire Strengthens Access to Essential Medicines

Côte d'Ivoire Strengthens Access to Essential Medicines
Friday, 12 July 2024 06:05

In recent years, Côte d’Ivoire has launched several initiatives to enhance healthcare access and ensure the continuous availability of essential medicines for its population.

The Ivorian government approved Wednesday a five-year agreement with the New Public Health Pharmacy (PSP), a national public institution, to improve access to essential medicines.

The agreement aims to ensure sustainable access to essential medicines and strategic inputs. It includes the quantification of healthcare facility needs and regular updates of the list of medicines to be distributed.

Measures will also be implemented to strengthen distribution capacities, improve drug traceability, and ensure the recovery of revenues from the sale of health products.

In Côte d'Ivoire, the supply of medicines is often hindered by inaccessibility and poor quality of products, especially in rural areas, along with frequent stockouts. To address this, the country has undertaken several key initiatives, including strengthening health infrastructure, more effective stock management, collaborations with international organizations, and increased training for healthcare personnel.

Notably, the Ivorian government mobilized $16 million in 2023 to boost local pharmaceutical production. This strategic investment aims to increase national coverage of generic medicines from 6% to 20% by 2025.

Additionally, in June 2023, the International Finance Corporation (IFC) announced a €50 million financing for the construction of a pharmaceutical production plant and a distribution center near Abidjan. This project, set to become the largest pharmaceutical factory in Côte d'Ivoire, will have the capacity to produce five billion tablets per year, including malaria drugs and antibiotics.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Sanlam Maroc takes a stake in Woliz, a local retail tech startup The deal marks Sanlam’s first long-term private equity venture in Morocco Investment...
Treasury securities issuance reached CFA5,272.8 billion from January to October Bond issues exceeded Treasury bills, signaling a shift to longer-term...
US strikes in Sokoto test Nigeria's financial stability, causing Eurobond yields to surge and investor risk premiums to rise sharply. The Naira...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs), enabling them to offer regulated capital markets...
Most Read
01

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
02

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
03

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
04

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
05

In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...

AGRA’s Lilial Githinji “Leadership capacity remains the missing ingredient in Africa’s food systems transformation”
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.