Market News

 The Ministry of Health and Roche Kenya Limited are exploring additional areas of partnershipto lift the cancer burden in the country, after successfully signing a Memorandum of Understanding (MoU)last August. The two institutions held a meeting on Monday, to sought waysof working together to . . .

 NAIROBI, KENYA: Columbia Africa’s first facility in Kenya has officially opened to the public to provide healthcare needs. The over Sh 250 million clinic and diagnostic centre located in Parklands, Nairobi, will target the country’s growing middle class whose appetite for affordabl . . .

 A cornerstone-laying ceremony was conducted on Tuesday to establish a Chinese-invested pharmaceutical plant in Dukem town, about 40 km south of Addis Ababa, Ethiopia's capital.   With an investment of 85 million U.S. dollars from a Chinese firm based in southwest China's Chongqing Munic . . .

 Government and the Kingdom of Belgium have signed a financial agreement to support the health sector.   The financial agreement worth Euros18 million (about Rwf16 billion) will be channelled through the Ministry of Health, according to Claver Gatete, Minister for Finance and Economic Pl . . .

Catalyst Principal Partners, a Kenyan private equity firm, has bought a controlling stake in Tanzanian pharmaceutical company Zenufa Laboratories. The acquisition of Zenufa is Catalyst’s fourth investment in Tanzania and second investment in the healthcare sector. In 2014, it acquired Keny . . .