Public Management

Burkina Faso inaugurates its first generic drug manufacturing plant

Burkina Faso inaugurates its first generic drug manufacturing plant
Thursday, 25 August 2022 16:08

African countries import 97% of the pharmaceutical products they use. In recent years, several projects have been launched to increase the percentage of locally-produced drugs in their consumption.  

Burkina Faso inaugurated, Monday (August 23),  Propham, its first generic drug manufacturing plant. 

The plant is the result of a private initiative by Burkinabe pharmacists led by Dr. Palingwindé Armel Koéfé, director general of Propham. The US$23 million plant aims to boost the country’s self-sufficiency in medicine production.  In the short term, it will produce three types of generic drugs, including paracetamol (largely used in the West African region). However, the list of drugs to be produced by the plant may get longer in the long term. 

"This is an important plant that will help provide our people with lower-cost medicines and ensure their permanent availability as the products manufactured here are the most sought-after in health facilities," said Albert Ouédraogo, Burkinabe Prime Minister, who presided over the inauguration.

Like many African countries, Burkina Faso is not yet self-sufficient in vaccine and drug production. The situation forces it to import most of the pharmaceutical products it uses and even exposes the country to the plague of counterfeit drugs. According to a joint report published in 2021 by the French Development Agency (AFD) and the United Nations Economic Commission for Africa (UNECA), Africa imports 97% of its pharmaceutical products.

The Center for Global Development also indicates that generic drugs are up to 30 times more expensive in countries like Zambia, Senegal, and Tunisia compared to developed nations like the United Kingdom or the United States. This situation facilitates the spread of cheaper but counterfeit medicines on the continent.

In recent years, some public and private initiatives such as the Propham plant have been launched to reduce African countries’ dependence on imported pharmaceutical products.  In 2020, for example, at the height of covid-19, Madagascar inaugurated a pharmaceutical factory producing medicines, remedies, and food supplements based on traditional Malagasy medicine.

Apart from those national initiatives, a continental initiative, the African Medicines Agency (AMA), has been established to facilitate "patient access to medicines" by increasing "access to new, effective, safe and quality medicines through harmonization of regulatory requirements resulting in faster and simpler review processes.” Doing so, it hopes to contribute to  "an uninterrupted supply of quality medicines through predictable and transparent life-cycle management procedures" and avoid "patient exposure to substandard and falsified medicines through increased cross-border market surveillance and coordinated information sharing.”

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
More than CFA1,000 billion received via mobile money in 2024 Total inflows rise 77% to CFA1,354 billion, led by Europe and North...
New SME Growth Fund aims to improve access to long-term capital Initial $30 million could scale up to $100 million over time SMEs remain...
Nigerian billionaire adds $5.78 billion to his fortune in under four months Gains driven by strong stock performance of BUA Cement and BUA...
Gozem is in talks with the IFC for €21 million to expand in four countries Funding would support vehicle financing and the “Drive-to-Buy”...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
05

As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...

From South Africa to Egypt: Why Nissan is reshaping its African strategy
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.