African Business News

South Africa's Aspen in $1 billion deal with Merck

Aspen Pharmacare said on Thursday that it would acquire drugs and a plant from U.S. firm Merck in a $1 billion deal that bolsters its presence in Europe, Latin America and Asia.
Africa's biggest maker of generic drugs said it would buy an active pharmaceutical ingredient (API) business

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Pumwani Maternity Set for Sh1 Billion Upgrade

The government has deployed more medical personnel to Pumwani Maternity Hospital to deal with the rising number of mothers visiting the facility after President Uhuru Kenyatta abolished maternity fee.

Nairobi Governor Evans Kidero yesterday said

four doctors and

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Sh11 Million Medical Finance Given Out

Private health facilities in the country have received Sh110 million as loans from the Kenya Medical and Education Trust in partnership with Medical Credit Finance (MCF). So far, 157 facilities have received loans, the organization's lead quality advisor Lester Chawiyah said during

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Teachers to get Sh5 billion medical cover starting July

Teachers are set to benefit from a Sh5.4 billion comprehensive medical scheme starting July 1, if a deal between the Kenya National Union of Teachers and the Teachers Service Commission becomes a reality.

Plans to implement this medical cover were thwarted last year after Knut

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