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
PCM Capital Partners sold its entire 10.6% stake in First Atlantic Bank following an oversubscribed IPO on the Ghana Stock Exchange. The...
Libya’s central bank cut the dinar by 14.7% to 6.37 per dollar, marking the second devaluation in less than a year. Authorities cited unchecked...
Blue Earth Capital secures over $100 million first close Impact secondaries strategy targets emerging markets, including Africa and...
Coris buys Portugal state’s 59.81% stake in Banco Comercial do Atlântico Deal approved by Portugal and Cape Verde regulators Transaction...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...

Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
03

Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...

Amazon wins approval to enter Nigeria’s satellite internet market
04

Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...

Tether and UNODC Launch Digital Asset Cybersecurity Initiative in Africa
05

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
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.