Browsing: Dr Adesina

• African countries lag in terms of clean water and sanitation for all investments.
• The World Bank warns that failure to achieve SDG 6 will affect the achievement of most other goals.
• Tanzania was recognized for achievements of the Water Sector Development Program (WSDP) phase three.

Africa is not on track to achieve Sustainable Development Goal Six (SDG 6), which advocates Clean Water and Sanitation for all, yet its achievement would lead to the realization of multiple Sustainable Development Goals (SDGs).

The assertion was made by the African Development Bank Group, Dr. Akinwumi Adesina who noted that failure to achieve SDG 6 will significantly impact the elimination of poverty (SDG 1), zero hunger (SDG 2), good health and well-being (SDG 3), gender equality (SDG 5), clean energy (SDG 7) and decent work and economic growth (SDG 8) as well.

He said that while there are strong relationships between water security and …

• The African pharmaceuticals market is projected to reach $34 billion by 2027.
• Egypt has been tipped to contribute most to Africa’s pharmaceutical industry’s growth.
• What implication does this change present to global pharmaceutical giants?

Africa pharmaceutical investment is well underway, and for the first time, the continent seeks to produce and distribute medicinal drugs but, what would be the impact on the global industry? “The failures of the global health systems during the COVID-19 pandemic—when export restrictions, lockdowns, and hoarding sent supply chains into frantic disarray—made local manufacturing of pharmaceutical supplies a top priority for African leaders,” notes global health writer Sara Jerving in her report titled New foundation is ready to help African pharmaceutical manufacturers.

Africa pharmaceuticals market reached $25 billion 2022 and is expected to grow at a 6 percent five-year CAGR to reach $34 billion by 2027 reports IQVIA, a global research institute. According to the …