Aster DM Healthcare, a leading integrated healthcare services provider in Asia, has entered into a partnership agreement with a leading university hospital in Nigeria.
Global alternative asset manager The Carlyle Group has completed the acquisition of a majority stake in AK Life Sciences, Abacus, a pharmaceutical company in East Africa.
Philips Africa has announced the introduction of Lumify, its first App-Based ultrasound system that will extend the reach of ultrasound applications to a broader network of healthcare providers using mobile technology.
OFID, the OPEC Fund for International Development has signed public sector loan agreements totaling to US$37.5 million with Guinea Bissau, Burundi and Uganda to support socio-economic development and living standards in the African continent.
One of Kenya’s largest grower and exporter of cut flowers, Oserian Development Company has embarked on an elaborate expansion of its key facilities as it seeks to tap into its newly launched industrial park.
USTDA’s Director of Congressional and Public Affairs, Thomas R. Hardy, joined President Uhuru Kenyatta of the Republic of Kenya at a round table discussion with U.S. businesses.
Kenya Power has reiterated its commitment to provide affordable and reliable energy to manufacturers and its other customers to support the government’s Big 4 Agenda.
In June 2018, the World Health Organization has released a global manual which aim is to help physicians and mental health professionals to diagnose physical and mental health conditions
The African countries should develop manufacturing capabilities in pharmaceuticals and reduce the level of import of equipment and medicines in order to conserve foreign exchange.
An increasingly disenfranchised customer base that has now been empowered by technology to voice their complaints on poor service delivery is inspiring companies to find innovative way of reaching out to clients.
Boehringer Ingelheim, a global pharmaceutical company has announced the launch of the ‘In Reach Africa’ program, an initiative aimed at facilitating quality and innovative human and animal healthcare.
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has launched a telemedicine pilot project in Manicaland.
Hospitals across the continent are confronted with challenges brought by technological disruption and increased demands.
Biometrics platform SmilePass have partnered with Kwara State in Nigeria to launch a Universal Health Insurance Program that will bring primary medical care to the rural state’s 3 million citizens at the flash of a face.
In order to significantly widen the access to world class pharmacy and health hub (wellness centre) services to Ugandans, Vivo Energy Uganda has signed a partnership agreement with GoodLife Pharmacy.
GE, the world’s premier digital industrial company and the Lagos State Government have agreed to pool their resources for the development of critical infrastructure in the state in the areas of Power, Healthcare and Skills Development.
Kenya Government officials led by President Uhuru Kenyatta have negotiated deals worth 1$00 million at the US-Kenya conference in Nairobi.
According to Goldstein Research, Africa healthcare sector outlook is expected to grow at a CAGR of 6% over the forecast period from $35 billion in 2016.
Public utility company Kenya Power will spend KShs.13 million to fund Corporate Social Investment (CSI) programmes championed by employees across the country.
Amref Health Africa has been chosen to host the Strategic Purchasing Africa Resource Center, a new initiative aimed at strengthening strategic health purchasing in sub-Saharan Africa.
In a significant milestone for mobile technology and healthcare access, the first baby “born on the blockchain” is due to be delivered in Tanzania.
Generic and Biosimilar Medicines of Southern Africa, formerly known as the National Association of Pharmaceutical Manufacturers, has appointed Erik Roos, CEO of Pharma Dynamics as Vice Chairperson to support the existing Chairperson.
The forming and maintaining of strategic, mutually beneficial partnerships is pertinent to the development of any economy, especially a growing one like Nigeria.
As part of efforts geared towards transforming the health care landscape in Nigeria through better public funding of health, a provision was made for Basic Health Provision Package in the 2014 Health Act.
South Africa’s highest decision-making body has approved the first phase of a new intellectual property (IP) policy that paves the way to better access to high-quality, affordable medicines.
Diversified holding corporation Williamsville Sears Management Inc. has signed a Letter of Intent for the acquisition of Turner Wright Limited, a Nigerian-based pharmaceutical firm.
Ugandan innovation Matibabu tests for malaria quickly, accurately and without drawing blood wins Africa Prize for Engineering Innovation
Multinational health and care brands company Ascendis Health became the first healthcare company to list on A2X Markets this morning. It has a market cap of R5.4 billion.
Philips and the governments of Ethiopia and the Netherlands sign seven-year agreement to build Ethiopia’s first specialized Cardiac Care Center
Royal Philips and the governments of Ethiopia and the Netherlands today signed a seven-year agreement to build Ethiopia’s first specialized Cardiac Care Center to address the critical shortage of cardiology services in Ethiopia.
A total of N14.86 billion has been invested by the Shell Petroleum Development Company of Nigeria operated Joint venture on Global Memorandum of Understanding (GMoU) clusters in Rivers State.
Old Mutual Private Equity, one of the largest and most established private equity players in South Africa, has announced the acquisition of a 50% interest in Medhold Group, a prominent end-to-end supplier of world-class medical devices.
[Kenya] Safaricom Foundation launches new strategy to bolster economic empowerment, education and health
Safaricom Foundation unveiled its three year strategic roadmap, which commits to focus on health, education and economic empowerment.
Apex Biotech Ltd, a pharmaceutical manufacturing firm will open an $18 million drug plant in Rwanda.
Global player in spatial analytics Esri has launched the Africa GeoPortal, a comprehensive cloud-based platform that provides rich content and solutions from Esri and its partners.
General Electric and the Kenya Cardiac Society have entered into a two-year collaboration to offer echocardiography training to physicians and technicians in public and private hospitals in the country.
Headquartered in Cotonou, Benin, Atlantic AI Labs™ has dedicated its operations to unleash the potential of AI for sustainable development in Africa
Merck Foundation connects Africa to Asia to build the Cancer and Fertility Care capacity in both continents
Merck Foundation, the philanthropic arm of Merck KGaA Germany, commits to building Cancer care capacity in Africa and Asia through its partnership with India.
Nigeria has stepped up its fight against cancer with the launch of its National Cancer Control Plan 2018-2022.
Pharmaceutical company ViaDerma has entered into a $250,000 initial sales agreement with Vage Nigeria Ltd. a brand support company specializing in product sourcing.
[Tunisia] Islamic Development Bank approves $184 million for energy, healthcare and social integration projects
Islamic Development Bank’s Board of Executive Directors meeting has approved mega financing for different projects in Tunisia.
Lagos State, Nigeria’s largest healthcare market, lacks an adequate supply of quality secondary and tertiary healthcare facilities with only about 700 to 1,000 quality beds for a population of over 21 million people.
Poverty in Kenya declines significantly, but unlikely to be eradicated by 2030, World Bank Economic Update
The proportion of Kenyans living on less than the international poverty line, $1.90 per day in 2011 PPP, has declined from 43.6 percent in 2005/06 to 35.6 percent in 2015/16, according to the 17th edition of the Kenya Economic Update.
Alta Semper, a private equity manager investing flexible and strategic capital across select African growth markets, has announced a partnership with Nigeria’s leading retail pharmacy chain HealthPlus.
KWHCoin, the blockchain-based renewable energy company using a digital currency that converts renewable distributed energy resources to digital tokens has signed a Memorandum of Understanding with Nurse In Hand (NIH) Emergency Response.
The regulation activities of food, drug, cosmetics and medical devices in Zanzibar will now be done online.So, will be the issuance of import and export permits for the said goods.
Healthcare supply chain leader, Imperial Logistics, has unveiled a world-class expansion at its Centurion facility in South Africa.
Next Einstein Forum launches Scientific African Journal to boost global reach of research from Africa
A partnership between the Next Einstein Forum, an initiative of the African Institute for Mathematical Sciences, and Elsevier, the information analytics business specializing in science, will see the creation of a new pan-African, peer reviewed.
Rapid urbanisation across the continent is having an effect on water demands and it is estimated that by the year 2030, the world will need 40% more water than its current accessible, reliable supply.
Bill Gates, co-chair of the Bill & Melinda Gates Foundation, is visiting Nigeria to see first-hand the progress the country is making on primary healthcare provision, polio eradication, nutrition and financial inclusion.
Flywire, a provider of global payment and receivables solutions for education, healthcare, and business has partnered with Flutterwave, a payments API that makes it easier for banks and businesses to process payments across Africa.
National Nurses Association of Kenya partners with Nestlé Nutrition Institute to launch “The First 1000 Days Nurses’ Academy”
The National Nurses Association of Kenya in partnership with Nestlé Nutrition Institute Africa have launched a training programme to equip pediatric and midwifery nurses with knowledge and skills in the ‘First 1000 Days’ of a child’s life.
An ‘ATM pharmacy’ that gives patients with chronic illnesses their repeat medication in under three minutes was officially opened in Alexandra today.
GE Healthcare and Amref Health Africa have announced a framework agreement that aims to develop a range of in-country health care service collaborations.
Novonordisk Egypt awarded the best place to work in Egypt for 2018 by BTPW
Commvault a player in enterprise backup, recovery, archive and the cloud, has announced a new partnership with MEDITECH Holdings South Africa.
Ascendis Health has reported a 27% increase in revenue to R4 billion for the six months to December 2017, driven by the strong performance of the group's international operations which grew revenue by 50% to R1.9 billion.
Mercer has entered into a partnership with Advisory K, a Zimbabwe based Consulting firm, to bring leading talent management, consulting, data driven solutions and insights to the local market.
Merck Foundation signs agreement with African First Ladies Organization to build cancer and fertility care capacity in their countries
Merck Foundation has signed an agreement with the African First Ladies Organization to raise awareness, building professional capacity and improving healthcare access in the field of Cancer and fertility care in Africa.
The Bill & Melinda Gates Foundation has announced their commitment to contribute to the EU's External Investment Plan.
As part of its partnership with the Global Fund to Fight AIDS, Tuberculosis and Malaria, the Ecobank Foundation is donating $ 750,000 to the Ministry of Health in Mozambique to help combat malaria in the country.
South Africa seems to be following the trend in the US to legalise cannabis. Last year, Judge Dennis Davis ruled in a full bench decision of the Western Cape High Court that the use and cultivation of cannabis by an adult in a private home is constitutionally legal.
Merck Foundation, a non-profit company and a subsidiary of Merck KGaA Germany marks ‘World Cancer Day 2018’ to create awareness around cancer and build cancer care capacity with the aim to increase the limited number of oncologists across Africa.
The Aspen Management Partnership for Health, AMP Health, and Pfizer are working together in an innovative partnership to help advance access to healthcare in Africa.
The International Finance Corporation has announced an investment of $3 million in Goodlife Pharmacy Limited, to help the company expand to more than 100 stores within four years to create a Pan-East African retail pharmacy chain.
The President of the Republic of Madagascar, HE Hery Rajaonarimampianina has presented to the private sector and civil society organizations the country’s strategy for growth and transformation by 2030.
Orange and Gavi, the Vaccine Alliance, will enter into a partnership with the Côte d'Ivoire Ministry of Health to increase immunisation rates in the regions and districts with the lowest vaccine coverage.
E- health platform E-health platform MYDAWA, hit over 30,000 registered users as of December 2017. The digital service that is enabling consumers to conveniently purchase authentic medicines and wellness products was launched in March 2017.
Technology has taken off in Kenya like wildfire, where the healthcare and pharmaceutical sectors are the latest industries to embrace its benefits.
Over 220 insurance companies are currently involved in the operations and issuance of the COMESA Yellow Card insurance covers in 13 countries across Africa.
The World Bank has approved a total amount of $60.4 million in the form of a credit from the International Development Association, and a grant from the Power of Nutrition Trust Fund ($10.4 million), to support the government of Cote d’Ivoire.
[South Africa] Government new health insurance scheme, growing ageing population to boost medical device market, report
South Africa medical device market is expected to grow at an annual rate of 8.97 percent during the 2018-2024 period due to public-private partnerships to develop hospitals, government new health insurance schemes and growing ageing population.
UNIDO in cooperation with the Southern African Development Community’s Regional Laboratory Association, has organized a technical training for 11 Southern African National Laboratory Associations.
Novartis Foundation and Ghana Health Service announce successful integration and scale-up of telemedicine program
Today the Novartis Foundation and Ghana Health Service are announcing the successful integration and scale-up of telemedicine services across Ghana.
American private equity firm Milost Global Inc. has announced that, together with its African subsidiary, Isilo Capital Partners it has closed the acquisition of a 100 percent interest in Primewaterview Holdings Nigeria Limited.
GLOBALHealthPR®, an independent health and science communications agency partnership worldwide has welcomed Johannesburg-based F/NE to its rapidly expanding global network.
Mundipharma International Corporation Limited and APR Applied Pharma Research SA have announced that they have signed a licensing, distribution and marketing agreement for Africa and the Levant Region for innovative medical solutions currently marketed in Europe, Turkey and soon available in Middle East countries.
BlueBird Finance & Projects reports successful closing of a $165 million complex financing package for an EPC Turnkey construction project of an innovative hospital, including medical equipment supply, in Eastern Africa.
Zipline’s autonomous fixed-wing drones now form an integral part of Rwanda’s medical-supply infrastructure, transporting blood products from a central distribution center to hospitals across the country.
Clinigen Group has extended its exclusive agreement with Eisai Europe to obtain the marketing authorisation and subsequently launch Halaven (eribulin), Fycompa (perampanel) and Lenvima (lenvatinib) into 10 African countries.
Ascendis Health announced yesterday the results of a fully underwritten renounceable rights offer to raise R750 million.
Merck, a leading science and technology company, today officially signed a three-year partnership with the NALA Foundation to create greater awareness of schistosomiasis in Ethiopia.
Samsung launched the Lesego Digital Village in North West, South Africa on Friday, 08 December 2017. This facility aims to provide primary health care and learning solutions for residents in the area.
Imperial Logistics was recently awarded a revised license for their pharmaceutical bonded warehouse in Centurion, South Africa.
Russian biotechnology company BIOCAD and Moroccan pharmaceutical company Sothema Labs have announced the launch of medicines derived using the technology provided by the Russian manufacturer into the North African market.
Globally mobile individuals, also known as expatriates or ‘expats’, who choose to live and work in South Africa, cite the adventure (74%), a better quality of life (72%), or to gain international experience (67%) as their reasons for accepting assignments in the country.
Ascendis Health announced yesterday the launch of a fully underwritten renounceable rights offer to raise R750 million to settle a significant portion of the deferred vendor consideration payment owed to the sellers of Remedica Holdings.
On the 21st of November 2017, Equatorial Coca-Cola Bottling Company (ECCBC), in partnership with The Coca-Cola Africa Foundation (TCCAF) and the USAID, inaugurated a WaterHealth Center (WHC) in the town of Prestea, Western Region.
Mercer, a global consulting leader in health, wealth and career and wholly owned subsidiary of Marsh & McLennan Companies Inc., has announced an expanded footprint as part of an important initiative to strengthen service to the Francophone region of Africa.
Nestlé Burkina Faso, in partnership with the Mayor of Ouagadougou and the Burkinabé Pediatric Society have organised the first edition of the corporate fund raising sports event called "Race for Life," with the aim to purchase incubators for the newborns.
The Board of Directors of the African Development Bank Group (AfDB) has approved two loans amounting to US$ 171 million to finance Rwanda’s Sustainable Water Supply and Sanitation Program.
“In dealing with 34 000 employees nationally, we have seen that rising debt often leads to staff members developing physical and mental health problems, which puts companies at risk of reduced productivity and fraud."
On November 9 and 10, 2017, two scientific symposiums were held in Yaoundé and Douala to mark the end of the training of 106 Cameroonian healthcare professionals in the postgraduate program in pediatric nutrition at the Boston University Medical School in the United States.
The Government of Rwanda has joined the African Access Initiative (AAI), an international public-private alliance addressing Africa’s escalating cancer crisis.
Cameroon becomes first country to earn 5 Star certificate of excellence for active use of medical tech
SystemOne, a global health disease intelligence for rapid detection and response, has awarded Cameroon a 5 Star Quality Program for GxAlert Technical Excellence.
Bravura Solutions Limited has signed a long-term contract with Discovery Limited for the implementation of its Sonata platform.
Africa is a continent which is filled with many young men and women, some of which have the aspirations and potential to pursue a career in the medical field.
Nestlé Ghana in collaboration with the Ghana Nutrition Society has held a nutrition workshop to foster stronger collaboration to address micronutrient deficiencies in Ghana.
EFG Hermes Leasing partners with Philips Egypt to provide healthcare leasing solutions to SMEs and hospitals
EFG Hermes Leasing, the leasing arm of the financial services corporation in the Middle East and North Africa EFG Hermes, has signed a cooperation agreement with Philips Egypt to provide leasing solutions for healthcare professionals.
According to the 2017 Joint Monitoring Program Report by the World Health Organization and UNICEF, more than 3 million people do not have access to improved water and almost 8 million do not have access to improved sanitation in Ghana.
A new medical joint venture between an Egyptian and a British company to launch a state-of the-art-facility to produce catheters is set to start at an investment of $4 million, the British embassy in Cairo announced on Thursday.