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Africa Health Excon: Positioning Africa as the continental hub for health innovation and trade

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Merck

Merck is actively bringing technical and process expertise with various key African countries and customers to build local manufacturing capabilities

CAIRO, Egypt, June 6, 2022/APO Group/ — 

The Merck (MerckGroup.com) Africa Bureau aims to accelerate the business transformation of the company operations in Africa to ensure sustainable business and create long-term value. Merck has unveiled plans to expand its footprint in Africa through a four-tiered program of awareness, diagnosis, training of healthcare professionals, and treatment access. Merck announced the brand-new Thyroid awareness program: ThyroAfrica to spread disease awareness. Africa Cancer Care program will be launched to enhance colorectal cancer diagnosis across Africa. Merck continues its work in the fight against Malaria and the neglected tropical disease (NTD) schistosomiasis. Merck is actively bringing technical and process expertise with various key African countries and customers to build local manufacturing capabilities.

Merck, a leading science and technology company, announced today its further commitment to Africa, by strategically expanding its access and awareness programs and strengthening the health systems and patients in low- and middle-income countries across the continent. The announcement came today during the Africa Health ExCon from 5th to 7th of June 2022 in Cairo, Egypt.

In this three-day event, stakeholders across Africa are meeting to learn from the worldwide leaders and experts in healthcare, as well as to share and exchange knowledge and experiences with more than 20,000 participants from more than 55 countries. The key objectives of Africa Health ExCon are refocusing on Africa’s investment potential, ensuring equitable access of health technology, the thriving of the health and pharma businesses, and incubating health innovation and trade in Africa.

”Our aspiration is to be one of the leading healthcare partners in sub-Saharan Africa and to work with NGOs and governments to build and strengthen sustainable health systems within it,” said Dr. Karim Bendhaou, Head of Merck Africa Bureau. “The Merck Africa Bureau aims to accelerate the business transformation of our operations in Africa to ensure sustainable business and create long-term value while seeking to balance environmental, social, and governance aspects. Through the four pillars of Private Public Partnership model, we work hand in hand with our stakeholders through various programs to fight counterfeit medicines, to invest in the technology transfer, to support supply chain sustainability and localization, and to decrease fragmentation of the market.’’

During the ExCon, Merck has unveiled plans to expand its footprint in Africa through a four-tiered program of awareness, diagnosis, training of healthcare professionals and treatment access. The company announced their brand-new Thyroid awareness program and upcoming launch of the Africa Cancer Care program in addition to enhancing ongoing initiatives.

Thyroid disease awareness is relatively very low in Africa. The ThyroAfrica program’s objective is to establish a collaborative partnership with the endocrinology & thyroid disease societies in Africa. This aims to increase disease awareness via communication channels for mass reach of around 7 million people and to offer the proper link for TSH (thyroid-stimulating hormone) test.

Merck has unveiled plans to expand its footprint in Africa through a four-tiered program of awareness, diagnosis, training of healthcare professionals, and treatment access

Africa Cancer Care program will be launched by the end of June to enhance colorectal cancer diagnosis across Africa by creating hubs of RAS testing in African countries such as Kenya and Nigeria. The RAS (RAT Sarcoma) test is a gene mutation analysis in colorectal cancer. As a predictive biomarker for the disease, it helps to guide treatment and determine outcomes. This would help to counteract the rising demand for specialist care especially with the existing healthcare facilities that require the scaling of resources. This has led to the rise in medical tourism across the continent, as individuals seek specialised care elsewhere. This is in addition to enhancing access to medication and providing HCP capacity-building programs through high quality trainings to oncologists, pathologists, nurses to support diagnosis and treatment of metastatic colorectal cancer in Africa.

“We will remain fully committed to increase access to innovative medicines across Africa and on ground awareness campaigns in a favour of underserved populations in low- and middle-income countries in Africa through our investments and our innovations in science & technology, together with our external partners,” said Ramsey Morad, Regional Vice-President, Head Middle East, Africa, Turkey & Russia/CIS at Merck Healthcare. “Beyond developing novel treatments, we must address the gaps in awareness, accessibility, affordability and availability of treatment.’’

After having signed a Memorandum of Understanding, Merck and the African Federation for Fertility Societies (AFFS) have been jointly working on an agenda to further develop educational training programs for healthcare professionals, aimed at improving access to high-quality infertility care for patients in Africa. By combining their forces, AFFS has sought support from Merck in order to develop a regional patient awareness campaign to be launched later this year. Additionally, they are hosting a multi-national advisory board to gain insights on educational gaps for healthcare professionals in AFFS member societies in African countries.

Professor Gamal Serour, President of African Federation of Fertility Societies stated that “AFFS welcomes and appreciates collaboration with Merck for the implementation of high-quality care across Africa”.

Merck also continues its work in the fight towards the elimination of the neglected tropical disease (NTD) schistosomiasis towards its elimination as a public health burden. In partnership with the World Health Organization (WHO), we provide up to 250 million tablets of praziquantel per year to treat mainly school-aged children in sub-Saharan Africa (SSA).  Since 2007, Merck has donated over 1.5 billion tablets and enabled the treatment of more than 600 million school-aged children in 47 countries in SSA. To support the elimination of schistosomiasis, Merck have adopted an integrated approach which, beyond medicines, includes health education as well as water, sanitation and hygiene (WASH) initiatives. We also conduct research for new drugs and diagnostics and develop, together with a consortium of partners, a potential new paediatric treatment option for children as of 6 years of age and below.

Since 2015, Merck has also been very active in the fight against malaria through a holistic approach to prevent, control, and eliminate the disease. Examples include our M5717 drug development program as well as the creation of the Pan African Vivax and Ovale Network (PAVON) in over 10 countries, which has led to important policy changes regarding malaria in Botswana.

During the ExCon, Merck aims to strengthen our existing cooperation with the Pharma industry and Medicine & Quality Regulators across the continent in addition to highlighting strategic projects in Africa carried out by Merck’s Life Science business sector. These efforts bring our expertise in touch with various key African countries and research institutes to enable distributed manufacturing of much-needed vaccines, biological drugs, and therapies in African countries. “Our goal at Merck is to support capacity-building of biologics manufacturing and development in Africa,” said Youssef Gaabouri, Head of Sales Middle East & Africa at Merck Life Science BioProcessing. Furthermore, Merck provides expertise to Regulatory Agencies and shares knowledge regarding the use of quality products for audit purposes. In line with the Merck’s commitment to sustainable access to health solutions in low- and middle-income countries, we implement and enhance health access programs through our shared value initiatives, global health partnerships, and access to medicine strategy.

Distributed by APO Group on behalf of Merck.

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Angola Oil & Gas (AOG) 2024 Strategic Track to Drill Down on Angolan Investment, Local Content Opportunities

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1 hour ago

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August 7, 2024

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AOG

Angola Oil & Gas 2024 returns to Luanda from October 2-3 under the theme ‘Driving Exploration and Development Towards Increased Production in Angola’

LUANDA, Angola, August 6, 2024/APO Group/ —

Global projects developers, independent E&P firms and regional investors are expected to enter the Angolan oil and gas market in the coming months as new blocks become available across onshore, offshore and marginal fields. In addition to accelerating exploration, new entrants signal fresh opportunities for collaboration and local contract opportunities.

The Angola Oil & Gas (AOG) conference – returning for its next edition from October 2-3 in Luanda – will feature a strategic track as part of its main conference agenda. The track will examine Angola’s investment outlook, strategies for enhancing local content and the role of women in the oil and gas industry. Stakeholders from both the global and local market stand to gain crucial insight into projects, opportunities in natural gas production and the business environment in Angola.

AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; national oil company Sonangol; the National Oil, Gas and Biofuels Agency; the African Energy Chamber; and the Petroleum Derivatives Regulatory Institute, the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Angola’s Namibe Basin is one of the final frontiers for oil and gas exploration, representing a significant unexploited hydrocarbon province. While minimal exploration has been conducted to date, seismic studies have shown promising results. Notably, Blocks 41, 42 and 43 in the Kwanza and Namibe basins are covered in their entirety with a 2D seismic dataset, with significant syn- and post-rift potential across the entire basin identified. A panel discussion on Frontier Exploration: Charting New Paths for Investment during AOG 2024 will explore the strategic potential of the basin, with speakers delving into block opportunities and partnership prospects.

In tandem with oil production efforts, Angola is making strides towards attracting investment across the natural gas industry. The country has a target to increase the share of gas to 25% of the energy mix by 2025 and is promoting exploration opportunities, infrastructure development and monetization solutions. Major projects include the Angola LNG plant – which celebrated its 400th cargo in 2023 – and the Quiluma and Maboqueiro development, Angola’s first non-associated gas project. The project will come online by 2026 and will serve as feedstock for the Angola LNG plant. During AOG 2024, a panel discussion on Beyond Oil: Angola’s Rise as a Gas Powerhouse will examine investment opportunities across the gas industry.

Up to $60 billion will be invested in Angola’s oil and gas industry in the next five years. The country’s enabling business environment and market-focused fiscals have played an instrumental part in attracting foreign capital to the market. A six-year licensing round launched in 2019 provides regular access to block opportunities while engagement with IOCs ensures ongoing review of licensing structures and fiscal terms. AOG 2024’s strategic track will feature a session on Perspectives on Investment: The key to Doing Business in Angola. The session will unpack the country’s business climate, including regulatory frameworks, industry procedures and rules of engagement.

As the country’s oil and gas industry grows, so do opportunities for Angolan SMEs and operators. As a mature producer, Angola’s industry success is largely attributed to the competitiveness of its domestic players. The Angolan government is driving local content through the Angolanization initiative, which strengthens national entrepreneurship by granting local service providers preference to oil and gas contracts. The initiative places local content at the forefront of projects by prioritizing the utilization of Angolan products and services. AOG 2024 will further explore this initiative through a panel titled Empowering Angola Talent: Local Content Strategies to Unlock Angola’s Human Capital.

Given the vital role women play in strengthening Angola’s oil and gas industry while driving project forward, the conference will also feature a panel discussion on Sailing into the Future: Women Steering the Ship of Angola’s Oil and Gas Evolution. The session will explore the contributions and future potential of women in the industry, with topics such as leadership, technical expertise and more featured.

AOG 2024 features a multi-track program that offering a comprehensive overview of the country’s oil and gas value chain. To download the program, visit https://apo-opa.co/3SCYLIq. For more information on panel discussions, speakers and topics, visit www.AngolaOilandGas.com.

Distributed by APO Group on behalf of Energy Capital & Power.

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Invest Africa and the United Arab Emirates (UAE) Government Announce Strategic Partnership for The Africa Debate – UAE

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17 hours ago

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August 6, 2024

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The Africa Debate

The event, taking place on 31 October in Dubai, will serve as a platform to explore and capitalise on the burgeoning opportunities along the UAE- and broader Gulf-Africa trade and investment corridor

The UAE is already the fourth-largest investor in Africa, and we are excited to work with the government to bolster commercial ties across the continent at this critical time

DUBAI, United Arab Emirates, August 6, 2024/APO Group/ —

Invest Africa (www.InvestAfrica.com), a business network promoting trade and investment in Africa, is proud to announce a strategic partnership with the Ministry of Economy of the United Arab Emirates to host The Africa Debate-UAE (https://TheAfricaDebate.com/UAE). The event, taking place on 31 October in Dubai, will serve as a platform to explore and capitalise on the burgeoning opportunities along the UAE- and broader Gulf-Africa trade and investment corridor.

Following ten successful editions of The Africa Debate in London, Invest Africa is excited to take the conference to the UAE – the largest investor in Africa among the GCC states. This year’s programme will spotlight investment opportunities along the UAE- and broader Gulf-Africa trade and investment corridor, featuring sessions on financial services, logistics and supply chain optimisation, energy and infrastructure, and ICT and digital transformation. The event will bring together global businesses, private and public investment bodies, thought leaders, and policymakers for a series of insightful debates on UAE-Africa relations in 2024 and beyond.

Chantelé Carrington, Chief Executive Officer, Invest Africa said: “Our partnership with The Ministry of Economy – UAE is a testament to our commitment to facilitating meaningful business connections and fostering two-way trade and investment between the UAE and Africa. The Africa Debate – UAE will not only spotlight investment opportunities but also provide a robust platform for dialogue and collaboration among key stakeholders. The UAE is already the fourth-largest investor in Africa, and we are excited to work with the government to bolster commercial ties across the continent at this critical time in Africa’s growth story.”

H.E. Juma Alkait, Assistant Undersecretary for International Trade Affairs, Ministry of Economy – UAE said: “The UAE has long recognised the strategic importance of Africa as a key trade and investment partner. By collaborating with Invest Africa, we aim to deepen our engagement with African markets and explore new avenues for economic cooperation. The Africa Debate has already established itself as a premier platform for promoting Africa-forward initiatives and investment, and we are excited to bring this prestigious event to Dubai. We look forward to welcoming 300+ vetted industry leaders to advance UAE-Africa partnerships and drive mutual growth.”

The conference will feature a series of breakout sessions focusing on:

  • Financial Services
  • Logistics and Supply Chain Optimisation
  • Energy and Infrastructure
  • ICT and Digital Transformation

As global businesses, investors, and policymakers converge in Dubai, The Africa Debate – UAE will serve as a crucial nexus for those seeking to engage in trade and investment along the UAE- and broader Gulf-Africa corridor.

Distributed by APO Group on behalf of Invest Africa.

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Togo: the African Development Bank grants a loan of over USD 26 million to develop key agricultural sectors through private-sector investments

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1 day ago

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August 6, 2024

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African Development Bank

The aim is to provide the country with an industrial hub for processing agricultural products and establish a business zone to offer opportunities to young people and women in the Kara and Savanes regions

As well as consolidating the achievements of the first phase of the project, it was essential to support the structure of the Togo Agro-Food Processing Zone Project (Togo Agropole)

ABIDJAN, Ivory Coast, August 5, 2024/APO Group/ —

The Board of Directors of the African Development Bank Group (www.AfDB.org) have approved a loan of US $26.55 million to Togo to implement the second phase of the Agro-Food Processing Zone Project.

The aim is to provide the country with an industrial hub for processing agricultural products and establish a business zone to offer opportunities to young people and women in the Kara and Savanes regions, in the north and far north of the country, respectively.

The project, approved in Abidjan on 19 July 2024, will also help to attract a significant level of private investment into key agricultural sectors, such as rice, maize, soya, sesame, cashew nuts and broiler chickens.

The funds come from the Transition Support Facility, an African Development Bank Group mechanism aimed at countries in transition, and will support investments that encourage inclusive agricultural growth that creates jobs and reduces food imports into the small West African country located on the  Atlantic Ocean.

“As well as consolidating the achievements of the first phase of the project, it was essential to support the structure of the Togo Agro-Food Processing Zone Project (Togo Agropole) with a second phase. This will focus on the construction and operationalization of the agro-industrial park (the central hub), including building a network of infrastructure (various roads and networks, administrative buildings, electrification, water and fibre optics) to create the right conditions for establishing private businesses,” said Wilfrid Abiola, the African Development Bank’s Country Manager in Togo.

Among others, the project will support the creation and operationalization of the company that will manage the agro-park and the construction of an agro-industrial park in Broukou (in Doufelgou prefecture, in the north of the country) by opening roads, developing electricity and street lighting networks, and building an administrative, financial, civil protection and access control centre.

The project will also fund the purchase of small agricultural equipment for vegetable-growing plots, particularly for women. The plan is also to build the capacity of agricultural producers, including women, in production, processing, storage and marketing to help them find markets and sell agricultural products. 

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

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