Mar 30, 2017 Last Updated 9:01 AM, Mar 30, 2017

Airtel Malawi renovates Kasungu paediatric ward

ABN – Leading mobile company Airtel Malawi has invested K3 million (US$6,874) in the renovation of the Kasungu district hospital’s paediatric ward.

It is hoped that the renovation will bring hope and confidence to patients and instil vibrancy in the children.

Airtel Zone Business Manager Peter Tengatenga said: "We decided to repaint and renovate the children's ward to give it a fresh look by fixing its doors, locks and other amenities.

“In addition to that, we have also brought some children's ward utensils like toys, books, plastic buckets, soap and mosquito nets."

Kasungu District Health Officer Dr. Jeromy Nkhambule added: "This hospital was constructed in 1967 and to maintain and rehabilitate it is very expensive.

“We therefore commend Airtel for taking part in addressing one of the challenges that we have been facing." 

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IFC loans $4.5m to Goodlife Pharmacy

ABN – IFC has loaned Goodlife Pharmacy Limited US$4.5 million to help it open 80 pharmacies across Kenya and East Africa.

Affordable and quality healthcare products will now be made available across the region where an estimated 30% of drugs are counterfeit.

Africa has some of the highest medicine prices in the world and many of Kenya’s 6000 small-scale pharmacies are unlicensed.

Goodlife CEO Tony McNally said: “Goodlife will expand rapidly in East Africa, opening pharmacies at convenient locations in retail centres, petrol stations, and near health clinics.

“We aim to bring pharmaceutical best practices to East Africa, providing a range of products that will address the needs of different consumers and revolutionise the way of doing business in this market.”

IFC director for Eastern and Southern Africa Oumar Seydi added: “The pharmaceutical sector in East Africa is fragmented across many small businesses, which often results in unreliable quality and high prices for the consumer.

“By making affordable and reliable pharmaceuticals more available, Goodlife’s expansion will encourage other pharmacies to improve standards, transforming Kenya and East Africa’s pharmaceutical market.”

@ABNetworkOnline

Starkstrom expands African presence

ABN – Hi-tech healthcare company Starkstrom is partnering with UK Trade & Investment (UKTI) to boost its profile in Africa.

The company already has a significant market presence across North Africa with exports making up almost 12% of its turnover.

Scott Pickering, international sales director for Starkstrom, said: "There are at least six large hospital projects taking place in Algeria and we are keen to be involved.

“UKTI can be instrumental is helping us to achieve our goals."

UKTI director Chris Frean added: "I'm looking to work with companies in the East Midlands and help them to win deals in Algeria, as part of the Government's 2020 Export Drive.

"Algeria is the biggest country in terms of landmass in Africa, and has a population of just under 40 million. It has vast oil and gas wealth and has reserves of over US$200 billion.

“This means the country is more cushioned from fluctuations in oil prices and presents a relatively stable market to invest in.

"Algeria has also embarked on a five-year development plan valued at $262 billion, which will see the launch of projects in healthcare, industry, agriculture and tourism."

@ABNetworkOnline

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