Government of Nyeri Will Spend Over a Billion Dollars on Medical And Infrastructure Projects.

The County Government of Nyeri intends to invest at least Sh1.6 billion in various development projects spread across the county’s eight sub-counties.

The funds expected to be spent over the remainder of the fiscal year 2023/2024 will be used to improve key infrastructure projects such as markets and basic social utility facilities such as hospital completion.

Governor Mutahi Kahiga said in his New Year’s address to Nyeri residents that his administration will spend a significant amount of money renovating milk processing plants and upgrading rural roads to improve agricultural product transit from farms to markets.

“From our county-specific projects, we will spend Sh1.6B in development. These range from the county industrial park, the completion of Karatina Level Hospital emergency block, various renovation works in all our hospitals and equipping sanitation, among many other projects,” said his statement.

“We have operationalized the Field Marshal Muthoni Kirima Bus Park, which should be fully occupied by the end of January. The Narumoru hospital has taken off albeit with staffing challenges. We will recruit 125 medical personnel to further boost the staffing. This will allow all disputes to be resolved,” he stated.

According to figures from the Office of the Chief Officer, Economic Planning and Budgeting, the county spent a total of Sh89,248,853 during the first quarter of the fiscal year 2023/2024 to fund various development projects in the county.

Kahiga stated that a total of Sh735 million had been set up to fund various development projects across the 300 wards to demonstrate the cordial working relationship between the executive and members of the County Assembly.

“Our County Assembly was rated the best in Kenya, thanks to the honourable members. This year, the Honourable Ward Representatives have lined up 300 ward projects to cost Sh735,000,000. These projects cover all departments and range from roads, streetlights, hospitals, dispensaries, bridges and agricultural programmes,” stated Mutahi Kahiga.

The Governor also stated that the county had cleared all pending bills owed to suppliers, praising his administration’s fiscal discipline.

Evolve is About to Launch a Major Health-Care Project in Africa.

Evolve plans to set on a ground-breaking project to improve the quality of healthcare for thousands of Africans. The State of the African Diaspora (SOAD) selected it as a preferred partner.

The State of the African Diaspora has signed a memorandum of understanding with Malta’s most trusted science company, based in Luqa. The agreement arrived at a series of meetings held by Maltese Ambassador Anthony Coleiro and SOAD Malta Diplomatic Mission Attaché Martin Mercieca.

I would like to thank our Ambassador Anthony Coleiro and Attaché Martin Mercieca for this most formidable and timely introduction to Evolve, said SOAD’s First Vice Prime Minister, Keturah Amoako.

‘SOAD’s medical city and telehealth projects have received financing approvals, and this collaboration with Evolve, with their expertise in ‘Design; Equip; Train; and Maintain’ medical solutions, means that SOAD has a perfect “one-stop shop” partner for the realisation of its medical city and telehealth projects.

With the addition of Evolve’s flagship Ophthalmic Centres of Excellence, our collaboration in delivering leading-edge state-of-the-art healthcare will propel Africa as a leading destination for the provision of innovative and cutting-edge health services,’ says the firm.

The construction of a Pan-African ophthalmology centre responds to urgent needs in the fight against and prevention of blindness,’ said Angelina Tezanou, SOAD Minister of Health and Disabilities. It is a groundbreaking flagship project that will promote the diaspora’s international reputation with a focal point for all major vision specialists.

Managing Director of Evolve, Christopher Busuttil Delbridge, said, ‘At Evolve, we are always grateful to be part of projects that strive to deliver state-of-the-art care and scientific services that enable a positive impact on communities worldwide.’

Antoine Camilleri, Evolve’s International Business Development Manager, added, “This is in line with our core philosophy and values at Evolve.” We are delighted to have signed an Agreement of Knowing and we thank the African Diaspora State for entrusting them with a part of this Noble African journey to offer excellent health care and scientific services, that will boost Africa’s quality of life.’

Pharma Ibn Sina Will Invest Over $6 Million Dollars By 2024.

Egypt’s largest pharmaceutical distributor, Ibn Sina Pharma, has announced plans to invest EGP 200 million in 2024.The company plans to expand its branch network, which currently number 71, as well as boost its technological infrastructure. These investments have the goal to increase the company’s market share and profitability in the coming years.

According to Mohamed Shawky, the company’s Investor Relations Sector Director, Ibn Sina Pharma holds about 24 percent of the Egyptian market and has a business volume of EGP 24 bn. He told DNE that the company’s new investments will be paid by strengthening its cash receipts cycle.

Shawky even stated that the company’s net profit before interest grew by 101% in September 2023, reaching EGP 996.7m to EGP 495m in the same period that year. However, he said the increase in financing costs had an adverse effect on the net profit margin.

Earnings before interest, taxes, and depreciation (EBITDA) got by 101% in the first nine months of 2023, reaching EGP 23.8 billion, compared to EGP 15.8 bn in the same period in 2022.

Medexpo Kenya is back in Nairobi, showcasing the best in medical equipment from around the world

“The 24th MEDEXPO KENYA 2024” has been announced from the 17 – 19 April 2024. The longest running premier trade exhibition will showcase the widest range of products and equipment for the medical, pharmaceutical and healthcare sector. The trade fair, will be held at the Sarit Expo Center in Nairobi and will attract the interest of decision makers and trade representatives from not just Kenya and the East African Region but the entire African continent.

Following the immense success of the 2023 edition and recognizing the interest of over 5000 visitors of to the event the organizers have once again decided to promote investment in the Medical and Healthcare sector in the region through this exhibition. According to Mr. Njage, Regional Director representing Expogroup the Medical and Healthcare sector in the region has recently seen an increasing demand for medical services, especially in the areas of diagnostics, testing, and screening, due to the growing population and rising urbanization, and the expanding health insurance coverage.

The healthcare and medical sector in Kenya is a vital and dynamic industry that plays a key role in the healthcare system and the economy of the country. The sector has several positive aspects that make it attractive and promising for both local and foreign investors.

The countries forming the Middle East are some of the leading investors and partners in the healthcare and medical sector in Kenya, as they see the potential and opportunity for growth and development in Kenya and the East African region.

The exhibition is a call for regional trade promotion organizations like Kenya Medical Association (KMA), Ministry Of Economy and Industry, Nairobi City County – Office of The Governor, Kenya Healthcare Federation (KHF), Kenya Medical Women’s Association (KMWA), Kenya Medical Practitioners and Dentists Council (KMPDC) and The Pharmacists and Dentists Union as well as the representative and leaders from the medical and health care fraternity to interact with leading exporters and manufacturers of medical and healthcare equipment and source equipment and products that meet the needs of the region.

The last edition the exhibition showcased Pharmaceutical Products, Medical and Dental Devices, Healthcare Services, Surgical Devices and Equipment, Herbal Veterinary Medicines, Diagnostics Products, Baby Care, Vaccine Refrigeration, Pharmaceutical APIs & FDFs, Autoclaves, Biomaterials, Implants, Orthopaedics, Prosthesis, Surgical Tables, Surgical Lights and more from suppliers and manufacturers based in countries like China, Turkey, Pakistan, India, South Korea, United States, Taiwan(ROC), Singapore, Indonesia, Romania, Cyprus, Canada, Belarus, Bangladesh, Egypt, as well as the UAE.

Afreximbank Gives A Project Preparation Facility To Rubic One Health In South Africa.

Afreximbank supplies early-stage money to de-risk project in preparation efforts and expedite project bankability and financial ending, stated to an updates release.

The project, based in South Africa’s Coega Special Economic Zone, entails the research, development, and manufacturing of high-demand routine veterinary vaccines including Bluetongue Virus, Brucellosis, Rift Valley Fever, Foot-and-Mouth Disease, Peste des Petits Ruminants, African Horse Sickness, and African Swine Fever using Dyadic International’s proprietary technology. Animal diseases pose direct threats to public health and food sovereignty in the Southern African Development Community region, reveals the investigation.

The project is expected to produce up to 27 million doses per year at peak capacity and will transform access to normal vaccines by improving current supply deficits by up to 16 percent, said to the release, and it also said that it will create over 9,000 a job during construction and operation.

Dr. Julian Naidoo, Chief Executive Officer of Rubic One Health, and Kanayo Awani, Executive Vice President, Intra African Trade Bank, Afreximbank, signed the agreement.

Africa Sub-Sahara Spend $11 Billion on New Hospitals

Africa’s sub-Saharan area is host to more than 1.5 billion individuals. The fastest population growth occurs in Sub-Saharan Africa, and millions of residents are living in poverty. For many governments, investing in modern healthcare facilities is of highest priority. There are active new hospitals worth $11 billion. Currently, $6.4 billion has already been built, while $4.8 billion is being designed.

With 20%, or $2.3 billion, of Sub-Saharan Africa’s ongoing hospital projects, Kenya is in position to lead. The second spot goes to Nigeria with 19% ($2.1 billion). With 15% of the activity, Ghana is in third place with a $1.7 billion worth.

The Saudi Fund for Development, which has more than a dozen ongoing hospital projects with an entire displayed cost of $770 million, is the largest investor in the Sub-Saharan African healthcare industry. The fund’s funding of the construction of six new hospitals in the Ivory Coast, at an estimated cost of $383 million, is the largest investment. The fund also has holdings in Zambia, Kenya, Mauritius, Uganda, and Eswatini.

Shalom Health Care Will Construct A $250 Million Manufacturing Facility For Medical Equipment In Hawassa.

In Hawassa, Ethiopia, a private limited business called Shalom Health Care just started work on a $250 million medical equipment manufacturing facility. The facility, which would generate 5,000 a job if completed in two years, will lessen the nation’s reliance on foreign medical supplies.

The company will produce a variety of medical supplies, including syringes, needles, IV bags, masks and gloves, according to the company’s CEO Dr. Winta Mehari. Shalom intends to export its goods to East Africa and other world markets.

Desta Ledamo, the president of Sidama Regional State, thinks that the building will have a major impact on Ethiopia’s economy. He said that it would improve the nation’s healthcare system, provide foreign currency, and create jobs.

China Improves On A 60-Year Record Of Medical Collaboration With Africa.

The African Centre for Disease Control headquarters are located in a southern nearby of Addis Abeba, Ethiopia, and was founded and funded by China as part of their medical diplomacy with Africa.

The building houses administration offices, an emergency operations centre, a biological laboratory, a resource centre, conference rooms, and offices, all of which were erected, furnished, and equipped as a gift for the continent by the Chinese government.

The Africa Centres for Disease Control and preventive (CDC) headquarters, inaugurated in January by Chinese Foreign Minister Qin Gang, is meant to boost Africa’s epidemic response, as well as disease preventive and surveillance capabilities.

The gift is part of the Chinese plan to strengthen its medical diplomacy with African countries as it tries to position itself as a significant player in the global health business.

Beijing continues to send hundreds of medical experts to African countries each year, as well as financial resources, to combat infectious diseases. In addition to supplying the Africa CDC, China has created other healthcare infrastructure all through the continent.

According to observers, China intends to challenge the US’s supremacy in global healthcare, notably in Africa, where the US has financed multibillion-dollar malaria and HIV/AIDS projects.

Lina Benabdallah, a China-Africa a scholar at Wake Forest University and a visiting fellow at Harvard University’s Centre for African Studies, believes China’s medical diplomacy has enriched people-to-people a connection in a beneficial way.

China expanded to include medical supply and equipment donations, clinic and hospital development, and training programmes, he said.

According to Shinn, China’s priority in the early half of the twenty-first century was on providing basic health staff, before growing to include the building of hospitals and, most recently, countering infectious illnesses.

“In recent years, China has prioritised the treatment and eradication of infectious diseases like malaria, Ebola, and Covid-19.””

Hinn said China had focused explicitly on malaria, building antimalarial treatment centres, providing artemisinin combination medicines, and attending training workshops.

Based on a study conducted by academics at AidData, a research lab at the College of William & Mary in Virginia, China delivered 1,026 health projects worth $1.6 billion across 51 African countries.

The scale and depth of China-Africa cooperation has risen in light of the success of the malaria elimination effort. Funding for the epidemic is growing, with Chinese funding help for 30 health facilities aimed at improving Africa’s response.

“China’s active participation and significant funding for Ebola-related prevention and care indicate the country’s growing role as a global health leader.”

During the Covid-19 outbreak, China continued to support Africa, with President Xi Jinping promising a billion doses of vaccine for the region.

According to Shinn of George Washington University, reducing infectious disease in Africa is in China’s best interests “because this is one of the primary concerns of the growing number of Chinese – at least prior to Covid-19 – living and working on the continent.”

Ksrelief Launches Medical Initiatives In Africa

RIYADH: In Kenya and Cameroon, the King Salman Humanitarian Aid and Relief Centre (KSrelief) of Saudi Arabia launched two volunteer medical programmes.

13 volunteer doctors from the medical staff of the charity organisation operated on patients in Nairobi who needed cardiac catheterizations. According to the Saudi Press Agency (SPA), the programme, which ran from May 22 to May 26, was implemented in conjunction with the Al-Balsam International Organisation.

The project is an expansion of the voluntary medical programmes the KSrelief currently has in place in across a variety of topics to assist people and families in need in developing countries, according to a statement from the SPA.

In the city of Maroua in Cameroon, 22 volunteer surgeons from a variety of specialties, including orthopaedics, paediatrics, gynaecology, and obstetrics, carried out medical procedures.
Additionally, KSrelief kept running its medical programmes in other parts of the globe

Al-Jadah Health Centre clinics in Yemen’s Hajjah governorate treated 7,618 patients in April with the assistance of KSrelief. Through its several clinics for maternity, radiography, surgery, paediatrics, internal medicine, and reproductive health, the centre provided healthcare.

The Subul Al-Salam Social Association’s ambulance service in Al-Minya, Lebanon, received funding from KSrelief and completed 90 missions in one week. The tasks included anything from taking patients to and from hospitals to giving first assistance.

The global food aid programmes were still being carried out by the Saudi aid organisation. 750 earthquake-affected families in Idlib, Syria, got food shipments and hygiene kits.

The group also sent 25 tonnes of dates to Burundi as a gift from the Kingdom.

A New Collaboration Between Xrp Healthcare Africa And The Burnratty Investment Group Has Been Announced.

By bringing together forces and cooperating with a focus on Africa, XRP Healthcare Africa and The Burnratty Investment Group have established a new partnership to revolutionise the African healthcare industry. The partnership will seek to consolidate the highly fragmented African healthcare sector by pursuing mergers and acquisitions of small and medium-sized private healthcare firms that are consistent with its strategic vision in Uganda, East Africa, which is its initial point of concentration.

The partnership has the potential to grow exponentially, creating a successful and long-lasting healthcare ecosystem that offers top-notch medical treatment to millions of Africans. The official alliance between The Burnratty Investment Group and XRP Healthcare Africa has already received the support of existing partners FasterCapital, managed by renowned investor Hesham Zreik, to raise money for the M&A activity to be undertaken.

The strong collaboration wants to be valued at $1 billion and establish itself as the largest provider of healthcare, researcher, influencer, and health technology on the African continent.