Market News

Agreement Signed for Construction of Neuropsychiatric Centre in Karen/Ngong
Agreement Signed for Construction of Neuropsychiatric Centre in Karen/Ngong
1 June 2022

President Uhuru Kenyatta met with executives from San Raffaele Research Hospital, a renowned private hospital in Italy managed by group chairman Kamel Ghribi, to sign an agreement for the construction of a National Teaching and Referral Neuropsychiatric Centre in Karen/Ngong. The 600-bed hospit . . .

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Rajsha Pharmaceuticals places a large bet on ayurvedic product export markets
Rajsha Pharmaceuticals places a large bet on ayurvedic product export markets
19 February 2022

Rajsha Pharmaceuticals, based in Ahmedabad, is looking for export opportunities in markets such as the United States, Canada, and the Commonwealth of Independent States. The company currently has a 30% export share of its overall turnover of Rs 15 crore, which it wants to grow in the coming yea . . .

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Kenya and Japan sign Memorandum of Cooperation to improve public health systems
Kenya and Japan sign Memorandum of Cooperation to improve public health systems
11 January 2022

Under the Africa Health and Wellbeing Initiative, Horie Ryoichi, Ambassador of Japan to Kenya, and Hon. Mutahi Kagwe, Cabinet Secretary for Health, Ministry of Health of Kenya, signed a Memorandum of Cooperation (MoC) between the Office of Healthcare Policy, the Cabinet Secretariat of Japan, the Min . . .

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Square Pharma will begin manufacturing drugs in Kenya
Square Pharma will begin manufacturing drugs in Kenya
11 January 2022

Square Pharmaceuticals Ltd will be the first Bangladeshi business to manufacture medicines in overseas, once it begins production in Kenya in January 2022. The trial period began in December 2021. According to the company's financial statements, the project's construction began in 201 . . .

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Australian firms eye Kenyan healthcare industry
Australian firms eye Kenyan healthcare industry
22 October 2021

As demand for medical services grows as a result of the Covid-19 pandemic, Kenya's healthcare system is drawing investment from Australia. According to Luke Williams, Australia's High Commissioner to Kenya, the two nations are discussing collaboration in a variety of sectors, including medical . . .

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