Pharma, Health & Personal Care

General Electric appoints seasoned marketer Selam Amare to head Ethiopia operations

November 12, 2019

ETHIOPIA – American multinational conglomerate with projects in Healthcare, Aviation and Power, General Electric (GE) has announced the appointment of Selam Amare as the Country Leader for Ethiopia. In her new role, Selam will oversee GE’s operations in the country and strengthen our businesses presence in the market, the company said in a press statement. […]

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LeapFrog injects US$3m into Goodlife Pharmacy for its expansion

November 8, 2019

KENYA – LeapFrog Investments is injecting US$3 million (KSh309 million) into Goodlife Pharmacy to expand outlets of the regional beauty and drugstore firm, reports Business Daily. The private equity firm, which has a controlling stake in Goodlife wants the money used in opening new branches beyond the current 52 locations in Kenya and five in […]

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Nigeria’s Interswitch diversifies into healthcare, acquires majority stake in healthcare tech company, eClat

November 5, 2019

NIGERIA- Interswitch, Nigeria’s leading integrated digital payments and commerce company has acquired a majority stake healthcare technology company, eclat. By acquiring shares from current shareholders and subscribing to the newly issued shares, Interswitch now owns a 60% stake in eClat Healthcare Limited. The company said in a statement that “The combined product offerings of Interswitch […]

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AAR Insurance unveils Unlimicare medical cover without sub-limits

November 4, 2019

KENYA – AAR Insurance Kenya has launched a medical insurance policy that allows patients to access treatment without sub-limits even in cases where a minor illness requires intensive treatment, report The Star. AAR is especially good news for mothers who will now enjoy maternity covers to the full cover limit unlike previously where the maternity […]

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Nigeria’s Ondo State signs $1.1bn deal with German firm Medicus International to build a medical center

October 29, 2019

NIGERIA – Ondo State Government has signed a Memorandum of Understanding with a Germany-based organisation, Medicus International, to build a Sunshine Medical City in Akure, valued at $1.1bn. Ondo State’s governor Rotimi Akeredolu of Ondo State said that the deal was in fulfilment of his commitment to improve the health sector and facilitate modern healthcare […]

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Medical Credit Fund and TLG inject growth capital into Nigerian pharmacy retailer

October 25, 2019

NIGERIA – London’s TLG Capital, in partnership with Medical Credit Fund announced an investment through its Credit Opportunities Fund into Express Pharmacy – a Nigerian retail chain. The growth capital will be used to expand Express Pharmacy’s footprint across Lagos with the roll out of new pharmacies along busy commuter routes and in under-served communities […]

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Optica opens 37th outlet in Southern Kenya to expand presence

October 7, 2019

KENYA – Optica, an eye-wear dealer has opened its first shop in Ongata Rongai, Kajiado, bringing its branch count to 37 as the dealer focuses on expansion, reports Business Daily. The new shop is located at the Bata Building, opposite Tuskys Main Supermarket along Magadi Road in Ongata Rongai. Head of retail Wazeem Mohamed said […]

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Daisy Danjuma succeeds Theophilus Danjuma as Chairman of May and Baker Plc

October 4, 2019

May & Baker Nigeria Plc, Nigeria’s leading pharmaceutical manufacturer, has in October this year announced that Daisy Danjuma will succeed Theophilus Danjuma as Director and Chairman of the Board of Directors of the company. This comes after the immediate former chairman Mr. Theophilus Danjuma chose to retire from his Director and Chair of the company’s […]

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Equity Afia expands its healthcare services with the opening of a ninth clinic

October 2, 2019

KENYA – Equity Afia, which is under the Equity Group Foundation has expanded its clinic network to nine in its expansion of healthcare centres across the 47 counties the latest one being opened in Kahawa West, Nairobi County, reports Business Daily. The clinics are a network of franchised medical outpatient centres run by doctors who […]

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MSD appoints Dr Priya Agrawal Managing Director for South Africa and Sub-Saharan Africa Cluster

September 24, 2019

SOUTH AFRICA – MSD, a leading global biopharmaceutical company has appointed Dr Priya Agrawal as Managing Director for the South Africa and Sub-Saharan Africa Cluster. The company in a press statement said that Dr Agrawal brings a wealth of public health experience with a strong track record for advancing successful public health initiatives within both […]

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