Of all global manufacturing output, only 1.5 percent comes from Africa. And when it comes to ease of doing business, most African nations still find themselves on the bottom of the rankings. But with assistance from China and facilities like this, that could change. This is the Eastern Industrial Zone in Dukem, Ethiopia, spanning 4 square kilometres and designed to host 80 mega-factories. And by bringing Chinese companies to set up shop in Ethiopia, it’s paving the way for government to realize the area’s full investment potential.
Very impressive presentation by Zemedeneh Negatu. It seems Ethiopia founds her spokesman in Zemedeneh for her immense potential for investment opportunities.
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Source: Emerging Infectious Diseases Journal - Volume 21, Issue 4 - April 2015 Issue Online, CDC http://wwwnc.cdc.gov/eid/article/21/4/pdfs/14-1940.pdf
By Teo Kermeliotis and Kiesha Porter for CNN
updated 5:49 AM EDT, Fri March 15, 2013
CNN Marketplace Africa is a weekly show offering a unique window into African business on and off the continent.
(CNN) -- Major pharmaceutical companies are increasingly looking to harness Africa's opportunity, lured by an emerging middle class across the continent's growing urban centers.
Although the total size of the African market is still small compared to other global regions, analysts say that the continent's big cities hold the key to unlocking the industry's lucrative potential.
In such areas, increasing individual wealth, coupled with a stronger health system infrastructure and a rising demand for drugs treating chronic diseases, are driving demand for pharmaceuticals, say analysts.
"Urban centers have the highest concentration of the segments of the population that are more likely to be relatively wealthy, more likely to be educated and also possibly more likely to suffer from the chronic diseases of affluence that are becoming increasingly important in Africa," says Sarah Rickwood, director of Thought Leadership at IMS Health.
According to a recent IMS report, called "Africa: A ripe opportunity," pharmaceutical spending on the continent is expected to reach $30 billion in 2016, up from about $18 billion now. By 2020, the market could represent a $45 billion opportunity for drug makers, spurred in part by robust economic growth and demographic changes.
This can only be good news for people like Rudzani Modau, owner of Mangalani Pharmacy in Soweto, just outside Johannesburg in South Africa.
"The pharmaceutical business is growing and it will grow," says Modau. "It's the next big thing in Africa."
Modau says his profits have soared over the last decade. "We have a lot of potential in Africa," he adds.
According to the World Health Organization (WHO), Africa is home to 11% of the world's population, yet accounts for 24% of the global disease burden. Read More
Today, the U.S. Agency for International Development (USAID) is launching its 2014 Report to Congress: USAID Health-Related Research and Development Progress Report [PDF, 4.3MB]. In this report, you will learn about innovations that are improving and saving lives around the world. U.S. investments in research and innovation have led to critical breakthroughs in prevention, diagnosis, and treatment of deadly global diseases.
Building on a strong tradition of evidence for sound decisions in global health, USAID advanced a very low-cost antiseptic used to prevent umbilical cord infections in newborns; developed and tested new products to protect women against HIV and unintended pregnancy; supported and delivered a new test that can quickly diagnose drug-resistant tuberculosis; and advanced a neonatal resuscitator that delivers more volume, prevents air leakage, and has easier assembly and disassembly.