Zimbabwe Legalises Cannabis Farming to Boost Economy

Zimbabwe has legalised cannabis cultivation and has withdrawn laws requiring sole state ownership for cannabis farming in an effort to encourage investment in cannabis cultivation for industrial and medicinal uses. Demand for cannabis is projected to grow worldwide while tobacco output is expected to decline 15% by 2030, according to Meanwell Gudu, the CEO of Zimbabwe’s Tobacco Industry and Marketing Board. “One of the alternative...

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The Changing Face of the Pharmaceuticals Market in Africa

• Africa has emerged as world's fastest growing economic regions over past 2 decades • Pharma industry of Africa projected 9.8% annual growth rate between 2020 & 2030 • Africa market will be worth USD 50 billion to USD 75 billion by 2030 • Africa GDP rising to USD 5 Trillion by 2030 • New Regulatory Agency & efforts to augment economic growth, will positively contribute to growing pharma sector...

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Pharmaceuticals Industry in Africa: Database of Importers in Africa

The pharmaceuticals industry in Africa is one of the fastest growing sectors of business in Africa. The value of Africa’s pharmaceutical industry is expected to be worth $40 billion to $65 billion by 2020 from just $14.5 billion a decade earlier. This makes Africa a prime market for multinationals and pharmaceutical companies seeking new growth markets as traditional markets stagnate. The rapid growth of the pharmaceutical industry in...

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The Pharmaceutical Industry in Kenya: Importers in Kenya

The pharmaceutical industry in Kenya is growing at a rapid pace and offers excellent opportunities for exporters and manufacturers to establish their products and services in the lucrative market for pharmaceuticals in East Africa. Kenya is currently the largest producer of pharmaceutical products in the Common Market for Eastern and Southern Africa (COMESA) region, supplying about 50% of the regions’ market. Kenya’s...

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Importers of Pharmaceuticals in Nigeria: Booming Business

Nigeria is one of the most promising and rapidly growing pharmaceutical markets in West Africa with more than 150 pharma formulation manufacturing facilities. The Nigerian pharma industry is growing at 13 % annually. The estimated market size is $1.8billion. In the ECOWAS (Economic Community of West African
States) West Africa sub-region approximately 60% of drug manufacturing takes place in Nigeria, underlining the huge sub regional...

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Database of Pharma Importers in Africa

The research team at Africa Business Pages has compiled a valuable database of pharmaceutical companies in Africa through painstaking work across more than 20 African countries. The result is the compilation of the first ever Africa Pharmaceutical Directory which lists more than 6,500 pharmaceutical companies in Africa. This database of pharmaceutical-related companies in Africa lists wholesalers of pharmaceuticals in Africa, pharmacies in...

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