African Development Bank Grants Rwanda $11.96 Million to Propel Pharmaceutical Research



In a monumental stride towards advancing pharmaceutical research in Africa, the African Development Bank (AfDB) has allocated a significant $11.96 million grant to Rwanda. The grant aims to expedite the establishment of the African Pharmaceutical Technology Foundation (APTF) in Kigali City, marking a pivotal moment for scientific innovation on the continent.

Facilitated through the AfDB's African Development Fund, this grant complements Rwanda's commitment of $1.93 million towards the Regional Pharmaceutical Sector Support Project. Together, these investments signify a concerted effort to bolster pharmaceutical capabilities and enhance healthcare outcomes across Africa.

Aissa Touré Sarr, Head of the African Development Bank's Rwanda country office, underscored the far-reaching benefits of the project, stating, "The leading-edge research and technological innovations of the African Pharmaceutical Technology Foundation should improve healthcare outcomes by providing access to advanced medicines and treatments, tackling prevalent diseases, and contributing to the continent’s overall health resilience."

The APTF is strategically designed to not only enhance access to advanced pharmaceutical technologies but also to strengthen the regulatory framework of the pharmaceutical industry across the continent. Serving as a transparent intermediary, the foundation aims to facilitate collaboration with pharmaceutical multinationals and countries in the South.

This collaborative effort will focus on sharing technology, know-how, and patents protected by intellectual property rights, thereby addressing the challenges faced by African nations in the local manufacturing of medicines and vaccines.

The grant from the African Development Fund will be allocated for essential office equipment, including furniture, hardware, and software. Additionally, this funding will empower the APTF, recognized as an international agency by the Rwandan government, to recruit experts and specialized technical firms. These experts will play a pivotal role in providing essential health and pharmaceutical services, as well as in establishing robust financial and contract award systems.

The APTF's collaborative approach extends beyond Africa, forging partnerships with the European Investment Bank and receiving substantial support from Germany. This collaborative effort signifies a united front in advancing pharmaceutical research and strengthening healthcare systems for the benefit of all Africans.

 

Article by Nyokabi Wanjiku

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https://www.afdb.org/en/news-and-events/press-releases/rwanda-african-development-fund-commits-12-million-rapid-operationalization-african-pharmaceutical-technology-foundation-aptf-69095

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