Public Management

Kenya: South Korea to offer expertise in vaccine and pharmaceutical manufacturing.

Kenya: South Korea to offer expertise in vaccine and pharmaceutical manufacturing.
Monday, 15 May 2023 18:16

The Kenyan health sector faces many challenges. To address some of those challenges and make the sector more inclusive, the government seeks cooperation with international partners.  

South Korea will offer its vaccine and drug manufacturing expertise to strengthen Kenya's health sector. The information was disclosed by the Kenyan Ministry of Health in a release dated Thursday, May 11, 2023. 

According to the release, the two countries will exchange technology. The partnership also covers “health financing, management information systems, and health commodity security.”

This partnership between Kenya and South Korea will go a long way in boosting the country’s healthcare sector, as local manufacturing of vaccines and pharmaceuticals will not only reduce costs but also ensure their availability, especially in the remote areas,” the release reads. 

The news comes as the East African country is preparing to establish the Kenya Biovax Institute, a local vaccine, and pharmaceuticals manufacturing center. 

Kenya faces many health challenges, including high maternal and child mortality and a heavy burden of infectious diseases such as HIV, tuberculosis, and malaria.

According to UNICEF, by 2020, more than 88 percent of children were fully immunized, up from 84 percent in 2014 with an 80 percent increase in vaccine procurement funding.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
71% of consumers say lending rates remain non-competitive across African markets. Over 54% of respondents cite a lack of transparency on interest...
Pilot to expand SME financing via crowdfunding Project introduces crowdlending, investing to address limited bank credit FOGEC to guarantee...
Lomé hosts conference on expanding insurance access for low-income groups Stakeholders discuss microinsurance solutions for informal and rural...
First investor town hall since 2021 signals renewed engagement with markets Authorities highlight disinflation, fiscal consolidation and debt...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
03

UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...

UBA, British International Investment explore Africa trade finance deal
04

Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime ag...

Ghana pushes UN recognition of slave trade as crime against humanity
05

ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...

ECOWAS, China Discuss Cooperation on West Africa Power Projects Under $36.39B Plan
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.