AMMTEC 2024 unites Africa’s pharmaceutical industry to spark a healthcare transformation 2 December 2024 – The close of the first African Medicines Manufacturing Trade Exhibition and Conference (AMMTEC) ushers in a new era of energy and commitment, shaking up the status quo in the manufacturing of medicines for the continent’s health systems. From crisis to catalyst, never before have so many African medicine manufacturers united for change, demanding transformation in policy, practice, and accountability, to enable the right environment to produce the medicines Africa needs in order to save lives…
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Afreximbank partners with Med Aditus to boost local pharmaceutical production of essential medicines in Kenya
Afreximbank’s intervention is part of its ‘Africa Health Security Investment Plan” to support the health product manufacturing ambition of the continent African Export-Import Bank (Afreximbank) and Kenya-based Med Aditus Pharmaceutical Kenya Limited (Med Aditus) have signed a project preparation facility heads of terms agreement at the margins of the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference in Kisumu City, Kenya. The project preparation facility will be deployed to part-finance the preparation of feasibility studies towards the development of Med Aditus’ pharmaceutical manufacturing plant. Estimated to cost…
Read MoreAfrican Medicine Manufacturers Galvanised to Demand Change at AMMTEC
AMMTEC 2024: Igniting a revolution in African medicine manufacturing 21 November 2024 – Last night at the opening ceremony of the inaugural African Medicines Manufacturing Trade Exhibition and Conference (AMMTEC 2024) in Dar es Salaam, Tanzania, Dr Skhumbuzo Ngozwana, Board Member of the Federation of African Pharmaceutical Manufacturers Associations (FAPMA), galvanised the industry to step up and demand change. “We have to do things differently. It’s time for us to claim our space and seat at the table. Yes, progress has been painstakingly slow, but AMMTEC gives us an opportunity…
Read MoreRoam and ENERGICA Partner to Expand Charging Network with 10 Solar-Powered Roam Hubs
Roam and ENERGICA will add 10 solar-powered Roam Hubs for electric motorcycle charging in Nairobi for affordable battery rentals and charging. This initiative will establish Roam as a leader in Africa’s innovative electric vehicle charging infrastructure, making up to 500 transactions daily at each Roam Hub. Roam’s open architecture design will enable various electric motorcycle brands to access its charging network, enhancing their convenience and promoting the adoption of electric mobility. This collaboration seeks to reduce energy costs by KES 10-15 per kWh, promoting affordable, sustainable transport. Roam, a Kenyan…
Read MoreAfreximbank Organizes Major Investment Conference in Kisumu to Boost Intra-African Trade
The African Export-Import Bank (Afreximbank) is set to organize a landmark event in Kisumu, Kenya, aimed at strengthening the role of sub-sovereign governments in developing intra-African trade. The fourth edition of the Africa Sub-Sovereign Network Conference (AfSNET) will be held from November 25-27, 2024, in collaboration with the Kisumu County Government and United Cities and Local Governments of Africa (UCLG Africa). $2 Billion Funding Announced The event marks a significant milestone in implementing the African Continental Free Trade Area (AfCFTA). Ms. Kanayo Awani, Executive Vice President of Afreximbank, announced $2…
Read MoreRoam’s Electric Motorcycle Completes First-ever Solar-powered 6000km Journey through Africa
● Roam Air completes a 6,000 km journey across varied African terrains, from rugged paths to highways, showing its adaptability in the African landscape. ● The entire 17-day journey relied on solar charging, proving the feasibility of sustainable energy even in remote areas. ● Roam donates 2 Roam Airs to the Electric Mobility Lab at SU to advance research in sustainable transport for Africa. ● Roam Air achieved a new single battery record range of 113 km, and a 1,000 km distance under 18 hours, highlighting its efficiency. October 16,…
Read MoreGlobal supply chain leaders meet in Nairobi to shape the future of global health supply chains
The second Supply Chain Leaders Forum Nairobi, Kenya / Thursday 10 October 2024 The second Supply Chain Leaders Forum (SCLF) kicked off yesterday with global supply chain leaders from 24 low- and middle-income countries (LMICs) convening in Nairobi. The forum empowers country leaders through two-way dialogue with global donors to advocate supply chain transformation locally, enabling the transition to a sustainable supply chain. It informs the transition of health supply chain management to a country-led approach, and fosters a shared vision and collective impact through inter-country dialogues, in-country advocacy and…
Read MoreMCC, Kenya Launch $60 Million Threshold Program During U.S. State Visit
WASHINGTON, DC (May 23, 2024)—Today the Millennium Challenge Corporation (MCC) Chief Executive Officer (CEO) Alice Albright and His Excellency President William Ruto launched the Kenya Urban Mobility and Growth Threshold Program . This partnership affirms 60 years of diplomatic relations with Kenya. This week President Joseph R. Biden hosted President Ruto for a State Visit to celebrate and deepen ties between the two countries, which share a commitment to inclusive economic growth and democracy. The MCC-Kenya Urban Mobility and Growth Threshold Program, signed in September 2023, tackles the economic growth challenges…
Read MoreKENYA: eWAKA Partners with Powerbase to Expand its E-mobility Solutions
The partnership between eWAKA and Powerbase is a significant step in the development of electric mobility in Kenya. By addressing the challenges of access to finance and charging infrastructure, it paves the way for wider adoption of this technology and a more sustainable future for the country. eWAKA, a Kenyan electric mobility start-up, has announced a partnership with Powerbase, a financial and energy company, to boost the expansion of its e-mobility solutions in Kenya. This collaboration aims to remove barriers to the adoption of electric mobility in Africa by facilitating…
Read MoreKenya Airways Takes Flight Again: Records First Profit Since 2017
Kenya Airways (KQ) has finally turned a corner, emerging from a period of financial turbulence to record a significant milestone in its turnaround journey. The national carrier announced a KSh 10.5 billion operating profit for the year ended December 31, 2023. This achievement marks the airline’s first profitable year since 2017, signifying a remarkable comeback. “These figures highlight the airline’s remarkable performance over the year and provide encouraging signs of continued recovery within the air transportation sector,” said Kenya Airways Chairman, Michael Joseph. Project Kifaru Takes Off This positive shift…
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