Côte d’Ivoire, which produces only 6% of the drugs used on its territory, wants to increase its production in the coming years. For that purpose, authorities are implementing a number of initiatives, in partnership with the private sector, to boost the pharmaceutical industry.
Côte d'Ivoire plans to build a new drug production plant, the government announced in a release published last Wednesday, January 18.
According to the release, in that regard, Ivorian health authorities and representatives of Royax Medical Solution, a Czech company specializing in drug manufacturing, held a working session at the end of which the Ivorian authorities committed to taking action to materialize the project in the "four coming months."
"Once built, the plant will allow Côte d'Ivoire to increase its local drug production and strategic input production capacity for steady distribution," said Ivorian Health Minister Pierre Dimba.
In March 2022, the country inaugurated a logistics platform and drug production unit. The initiatives are part of the government's plan to make Côte d'Ivoire a pharmaceutical and drug production hub in the sub-region. According to Minister Dimba, Côte d'Ivoire currently produces only 6% of its medicines. This is why the government is concerned about industrialization in the pharmaceutical sector.
For the World Bank, Africa is the continent that produces the lowest percentage of the medicines it consumes (with imports estimated to be between 70 and 90%). Nevertheless, like Côte d'Ivoire, the African Union and most countries are also implementing projects, in collaboration with international partners, to boost their local medicine production.
Last May, the International Finance Corporation (IFC) and a Japanese pharmaceutical company announced the launch of a project to boost local production of generic drugs, of which Africa will be one of the beneficiaries. The objective of this project is to strengthen domestic medicine production, in order to make them more accessible, affordable, and of better quality in emerging markets.
Jean-Marc Gogbeu
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
Chad to launch 50 telecom sites in N’Djamena Government plans 50 km fiber-to-home rollout Move follows criticism over poor service quality Chad’s...
Weak tax enforcement cuts South Sudan oil revenues Oil provides 90% of government income Economy contracts 30% in 2025 amid export disruptions Weak...
Nigeria launches four-month digital training with Ericsson Programme targets 50,000 youths in emerging technologies Initiative aims to curb youth...
A member of the Court since 2021, Lodonou was initially appointed to complete the term of his predecessor before being elected to lead the regional...
had relaunched the International Festival of Saharan Cultures (FICSA) in Amdjarass after a seven-year hiatus. Niger participates as guest of honor,...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...