Africa receives support in pharmaceutical production

The African Export-Import Bank (Afreximbank) and the Africa Centers for Disease Control and Prevention (Africa CDC) have announced a new cooperation agreement.

Accordingly, Afreximbank committed to providing 2 billion USD in capital for the Africa Health Security Investment Plan, to support medical and pharmaceutical production on the continent.

In its press release, the Africa CDC said that despite the huge impact of global economic , security and health challenges in Africa, pharmaceutical companies remain the driving force behind investment and technological advancement.

According to the Africa CDC, low investor confidence, lack of adequate infrastructure, trade barriers and regulatory challenges are among the constraints hindering investment in the health sector in Africa.

A large number of investments in the past have not materialized due to financial and non-financial obstacles.

KHANH HUNG

Source: https://www.sggp.org.vn/chau-phi-nhan-ho-tro-trong-san-xuat-duoc-pham-post745869.html