FIGURE OF THE WEEK; Africa’s Trade in Pharmaceuticals

In order to meet its healthcare demands, Africa primarily depends on imported pharmaceutical products: As of 2019, an estimated 70% to 90% of the pharmaceuticals used in sub-Saharan Africa’s $14 billion pharmaceutical market were imported. Furthermore, although only 0.1% of the world’s vaccinations are produced in Africa, it accounts for roughly 25% of the worldwide vaccine demand. 99 percent of vaccine doses are imported into Africa, and of the 1 percent (12 million doses) that are domestically manufactured, the majority are only used for the last fill-and-finish procedures…

The impact of high drug prices on average South African households

Building a sustainable healthcare systems in Africa

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