South Africa pharma market “to grow 5.8%/year to 2020″
South Africa’s pharmaceutical market is expected to increase at a compound annual growth rate (CAGR) of 5.8% from 2011 to 2020, when its value will have risen from US$2.5 billion to $4.2 billion, according to new forecasts.
This expected fast growth will be driven by the government’s healthcare reforms, which include improving access to healthcare services by expanding National Health Insurance (NIH) coverage to the entire South African population, and overhauling the nation’s drug regulatory processes to be faster and more transparent.
Nation Produces Hybrid Cassava Varieties to Boost Productivity
Nigeria has released two improved cassava varieties in an effort to maintain its lead as the world’s largest producer of the root crop, improve incomes of farmers and make them smile.
The varieties were developed through a collaborative effort between the International Institute of Tropical Agriculture (IITA) and the Nigerian Root Crops Research Institute (NRCRI), Umudike.
Rwanda: Exports Board Moves to Improve Tea Quality
Over 1,200 tea farmers have been trained in harvesting standards, a move tailored at improving quality and ensuring the crop fetches high premiums on the regional and international markets.
“Rwandan tea, especially the liquor type, is always the best at the Mombasa auction. However, traders always complain that they find foreign materials in the tea. With the skills gained, we hope the problem will cease,†said Francis Twagirayezu, the National Agriculture Export Development Board (NAEB) representative in Mombasa.
Investments, exports top Rwanda’s economic growth
According to Francois Kanimba, the Minister of Trade and Industry, there was an increase in investments and exports which posted a positive outlook making the economy resilient last year.
“There is an increase in trade receipts with our neighbors mainly Democratic Republic of Congo,†he said during the ministry’s accountability day on Thursday.
