The total pharmaceutical spending for the continent in 2012 was estimated at US$ 18 billion and it is projected to reach US$ 45 billion by 2020
ADDIS ABABA, Ethiopia, August 2, 2018/ — There is an urgent need to develop the pharmaceutical sector in Africa to reduce the continent’s dependence on imported pharmaceutical and medical products, says Economic Commission for Africa’s Soteri Gatera.
Mr. Gatera, Chief of the Industrialization and Infrastructure Section at the ECA, says Africa bears a disproportionate burden of disease with, for example, more than 70 percent of the world’s HIV/AIDS cases and 90 percent of deaths due to malaria raising the need to encourage local production of drugs.
“Non-communicable diseases are also becoming increasingly prominent across the continent given the demographic changes that are taking place,” he told participants in the meeting hosted by the ECA, the African Union Commission and the United Nations Industrial Development Organization (UNIDO).
Non-communicable diseases are predicted to overtake infectious diseases as the leading causes of death in Africa by 2030.
The situation is worsened by the continent’s significant challenges in accessing high-quality pharmaceuticals, exacerbating a continued high burden of disease.
The availability of essential drugs in the public sector across the continent has been reported to be less than 60 percent. The major factor being that Africa is hugely dependent on imported pharmaceutical and medical products.
It is estimated that more than 80 percent of ARVs used on the continent are imported from outside the continent with 70 percent of the pharmaceutical and medical products market being served by foreign imports.
“An international standard, commercially viable pharmaceutical industry in Africa can contribute to improved access to effective, safe and affordable essential medicines and economic development,” said Mr. Soteri.
