Public Management

Rwanda’s first pharmaceutical factory to start operations next month

Rwanda’s first pharmaceutical factory to start operations next month
Tuesday, 25 August 2020 14:26

Rwanda is about to hit a new milestone with the entry into operation of Apex Biotech, its first pharmaceutical plant. Initially announced for April, the launching of activities was postponed due to the coronavirus pandemic.

The announcement comes in a timely fashion since the pandemic has highlighted the need for Rwanda to reduce its dependence on the outside world for pharmaceutical products. According to authorities, the importation of drugs contributes greatly to the country's trade deficit, which the government has been trying to close for several years.

The new plant owned by Rwandan and Bangladeshi investors is located in the special economic zone of Kigali, the capital. With an annual production capacity of 800 million packets of tablets, 200 million capsules, 8 million bottles and 5 million sachets of Oral Rehydration Therapy (ORT)), it is expected to help reduce the drug import bill by 10 to 20%.

We are now looking at mid-September to start operations because everything is in place- raw materials are on the ground, and machines are already installed,” Herbeton Madari, co-founder of Apex Biotech, told The New Times Rwanda. “We are starting with 10 and will gradually add more, and also the capacity/scale as time goes on. Within six months we shall be producing all the 34 items at a much higher scale,” he added.

According to the project managers, 80% of the staff is planned to be recruited from Rwanda while the remaining 20% will be expatriate managers who will train the local workforce. In the need to supply the East African market, Rwanda should soon inaugurate a second pharmaceutical plant, this time developed by the Moroccan group Cooper Pharma.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on research, feasibility and investment support for SMEs and...
IFC plans to invest up to $52 million in a microfinance group operating in Kenya, Uganda and Tanzania. The funding will support local...
Gabon launched a CFA85 billion ($153 million) bond on the Cemac market, offering 6% over three years and 6.5% over four years. The issuance...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agenda IMF flags debt at 132% of GDP Senegal on...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...

Amazon Turns to Kenya as Its Next Low-Orbit Satellite Internet Bet in Africa
03

Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...

Dangote Sets IPO Timeline for Its $20B+ Nigerian Refinery, Eyes Retail Investors
04

Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...

Guinea's Largest Gold Mine Records 6% Output Rise in 2025
05

Naira strengthens to 1,348 per dollar, boosting assets Lagos market gains 25,000 billion naira in...

Stronger Naira, Stock Rally Add Billions to Nigeria’s Wealthiest
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.