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Health and Industrialization

Many African countries, through their development plans, have prioritized access to affordable Healthcare services. However, the realization of these aspirations has been constrained due to the high costs of imported medicines, which not only increase the health burden but also have negative implications on access and affordability of medicines. Affordability is important since up to 90% of the population purchases medicines through out-of-pocket payments. As a result, many African countries have started initiatives to promote local pharmaceutical manufacturing, to address the issue of high costs of imported medicines and to tap into additional benefits such as, creation of employment opportunities, technology and skills transfer and enhancing intra-Africa trade.

 

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