Most of the drugs are imported to the country, in Ghana.
Ernest Chemist is a pharmacy company, which started 30 years ago as a small company, is trying to change this situation in the country. It is a multi-million dollar investment to develop locally-made drugs such as antibiotics. The drugs are are tailored to the needs of African patients.
It is a big step to the country and a big change for the lifestyle of the local people.
Source from: bbc.com
Africa's population and the urbanization is rising on the continent due to urban is going to be the future.
There is 3 trends, which shape the future of Africa's cities.
"By 2050, Africa will be home to 10 megacities with 156 million residents.
Similarly, by 2050, Africa’s total population will double and the global share of African urban residents will grow to 20.2% up from 11.2% in 2010.
Because cities are centres of commercial activity, 18 major African cities will have a combined spending power of $1.3 trillion over the next decade. In fact, megacities are. "
Therefore, African investors and policymakers are ramping up new investments in new city developments.
The continent is full of endless possibilities, what is waiting to be utilized.
Source from: africanbusinesscentral.com
Nigeria announces a production of 30 million tons per year over the next few years.
African Energy Chamber on Africa’s Energy Outlook for 2020 reported that Africa could supply up to 20% of the world’s natural gas needs by 2025. Nigeria could be Africa’s largest gas producer and the capacity of its output is 30 million tonnes of liquefied natural gas per year.
Africa has a prosperous future ahead of us in this regard.
Source from: africanews.com
Ethiopian Airlines, Africa’s biggest and most profitable national carrier, which announced plans to build a mega airport in the Oromia region. Mega airport is going to be bigger than Dubai airport and rival the Istanbul airport. It is valued at $5 bn, would be one of the biggest projects in the country.
Details about the airport:
"The structure will cover 35 square kilometer of land and will reportedly be the biggest airport in Africa. It is going to be bigger than Dubai airport and rival the Istanbul airport. Upon completion it will have an annual passenger handling capacity of 100 million with grand duty free shopping malls, hotels, logistics and training centers. A green light has been reached with the regional government for the “airport city” in Bishoftu specifically a place called Absera. The idea is to take pressure off Bole International Airport with the exponential growth of the carriers’ customers year in and out."
The airline is running a hotel industry around Addis Ababa, which opened a huge hotel edifice last year. On a daily basis hundred of travellers are stayed in the hotels.
Source from: africanews.com