Wednesday, October 21, 2026
  • About
  • Advertise
  • Careers
  • Contact
NewsTrendsKE
  • Business
  • Deals
  • Investments
  • Real Estate
  • Economy
  • OpEds
  • Lifestyle
  • Sustainability
  • Women in Business
  • Technology
    • Phones
No Result
View All Result
NewsTrendsKE
No Result
View All Result

Home » Health » World Bank Group backs Africa plan to double local medicine manufacturing by 2030

World Bank Group backs Africa plan to double local medicine manufacturing by 2030

Queen Amber by Queen Amber
5 months ago
in Health
Reading Time: 2 mins read
A A
World Bank Group, Wiliam Ruto, AU
Share on FacebookShare on TwitterShare on WhatsApp

The World Bank Group and the African Union Commission have launched a new initiative aimed at expanding Africa’s local manufacturing of medicines, vaccines and other medical products, in a push to reduce the continent’s reliance on imports and strengthen health security.

The Africa Initiative for Medical Access and Manufacturing, known as AIM2030, was officially launched in Nairobi on May 12, with the programme designed to support Africa’s ambition to double pharmaceutical manufacturing capacity by 2030. 

Also Read

Africa Financial Summit 2026 chooses Luanda to continue its mission of integrating African finance

26 September 2026

Opinion: Africa’s Sporting Moment Must Become Africa’s Jobs Moment

6 August 2026
Load More

The initiative brings together governments, development institutions, investors and private-sector partners to mobilise investment, boost innovation and encourage South-South exchange on access to medicines, vaccines and other medical products.

“At its core, AIM2030 is about supporting Africa’s ambition to double pharmaceutical manufacturing capacity by 2030 through stronger regional manufacturing and supply chains,” said Makhtar Diop, Managing Director of the International Finance Corporation, the private-sector arm of the World Bank Group.

Mr Diop said the initiative was not only about health security, but also about jobs, investment, industrial growth and economic resilience.

“Resilience cannot be imported in the middle of a crisis. It must be built in advance. That is why stronger regional manufacturing and supply chains matter,” he said.

Africa remains heavily dependent on imported medical products, with countries importing between 70 and 100 percent of finished pharmaceutical products and about 99 percent of vaccines. Less than one percent of vaccines used on the continent are produced locally.

The reliance on imports has left health systems vulnerable to global supply disruptions, price shocks and export restrictions — risks that came into sharp focus during the Covid-19 pandemic.

AIM2030 seeks to expand manufacturing of health products by Africans in Africa for African countries by doubling local manufacturing of key health products, creating skilled jobs and improving access to essential medical products.

The World Bank Group says the initiative will support its goal of delivering affordable, quality health services to 1.5 billion additional people by 2030.

The programme will focus on scaling manufacturing in Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal and South Africa. It will also engage regional institutions including Africa CDC and the nascent Africa Medicines Agency.

The launch was attended by President William Ruto, who delivered the keynote address, alongside senior officials including World Health Organisation Africa Regional Director Mohamed Yakub Janabi, Health Cabinet Secretary Aden Duale, Public Health Principal Secretary Mary Muthoni and Medical Services Principal Secretary Ouma Oluga.

Supporters of the initiative say local manufacturing can shorten supply chains, improve availability of priority products and bolster resilience to pandemics and other emergencies, while creating jobs and broader economic benefits.

Tags: AUIFCMoHWilliam RutoWorld Bank
Previous Post

Kenya Airways, Trace to bring Africa Forward Concert

Next Post

Bolt adjusts fares by 6% to support driver earnings amid rising fuel costs

Related Posts

Business

Africa Financial Summit 2026 chooses Luanda to continue its mission of integrating African finance

26 September 2026
OpEds

Opinion: Africa’s Sporting Moment Must Become Africa’s Jobs Moment

6 August 2026
KAPTAGAT INTEGRATION CONSERVATION
Sustainability

President Ruto To Headline 10th Kaptagat Integration Conservation Climax This Saturday

9 July 2026
William Ruto
Investments

President William Ruto has signed the landmark Sovereign Wealth Fund Bill, 2026 into law

13 July 2026

6 in 10 Kenyans Discover New Brands Online, Opening Opportunities for Businesses

21 October 2026
Dr. Ahmed Kalebi

Dr Ahmed Kalebi Makes History as the only African in Inaugural Pathology Hall of Fame

21 October 2026

Inside Ne-Yo’s Nairobi Concert That Attracted 3,500 Music Lovers

21 October 2026
Calta Nasambu

Kayole Starlets’ Calta Nasambu Secures Move to Turkish Women’s Football Club

21 October 2026
The Government of Kenya and The Nature Conservancy unveil US$160m Thamani Asili community

The Government of Kenya and The Nature Conservancy unveil US$160m Thamani Asili community conservation Initiative

21 October 2026
President William Ruto flanked by Environment CS Aden Duale. [PCS]

List of President William Ruto’s Advisors

24 March 2026
NewsTrendsKE

NewsTrendsKE

NewsTrendsKE: the business intelligence read for Kenya's decision-makers.

Follow us on social media:

  • About
  • Advertise
  • Careers
  • Contact

©2026 NewsTrendsKE.

No Result
View All Result
  • Business
  • Deals
  • Investments
  • Real Estate
  • Economy
  • OpEds
  • Lifestyle
  • Sustainability
  • Women in Business
  • Technology
    • Phones

©2026 NewsTrendsKE.

Go to mobile version