Market News

Borregaard and Sappi will increase the lignin production capacity by 20,000 tonnes at LignoTech South Africa. The added volume will be marketed to the joint venture company's existing applications and geographical markets. The investment by LignoTech is estimated at R105m (approx. US$ 8.5 million), . . .

Health Systems Technologies (Pty) Ltd (HST), a subsidiary of African Equity Empowerment Investments Limited (AEEI), has secured a contract with the Tanzanian Ministry of Health to implement Laboratory Information Management Systems (LIMS). HST, a leading provider of integrated healthcare solutions i . . .

KAMPALA, Uganda -Cipla Limited the global pharmaceutical company has announced the purchase of a 51% stake in Quality Chemicals Limited by its wholly owned subsidiary in the UK, Cipla (EU) Limited.    “Quality Chemicals Limited is one of the leading distribution companies for pharm . . .

Serenus Biotherapeutics, Inc., a specialty biopharmaceutical company bridging the divide between the world’s leading pharmaceutical markets and the growing demand for access to innovative therapies in the emerging nations of Africa announced it had secured investment of up to $43 million from . . .

At least least 400 leading Indian pharmaceutical companies see Tanzania, which has a population of just under 45 million, as a highly promising market they ought to capture.   Ashutosh Gupta, Vice Chairman of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), said here last w . . .