Algiers, Algeria – The African Ministerial Conference on Local Pharmaceutical Production and Healthcare Technologies concluded today in Algiers, with the signing of several key agreements aimed at boosting pharmaceutical exports and strengthening intra-African collaboration.
The three-day conference, which ran from November 27th to 29th, brought together ministers, industry leaders, and experts from across the African continent to discuss strategies for enhancing local pharmaceutical production and improving access to essential medicines. The event served as a platform for sharing best practices, identifying challenges, and forging partnerships to promote the growth of the pharmaceutical sector in Africa.
A significant outcome of the conference was the signing of agreements facilitating the export of Algerian pharmaceutical products to various African nations. These agreements, valued at a total of $10 million, represent a major step forward in expanding Algeria’s pharmaceutical footprint across the continent and fostering economic cooperation.
The agreements underscore Algeria’s commitment to supporting the development of the pharmaceutical industry in Africa and ensuring access to quality medicines for all, stated a representative from the Ministry of Pharmaceutical Industry.
The conference also featured discussions on regulatory harmonization, technology transfer, and financing mechanisms to support local pharmaceutical production. Participants emphasized the importance of creating a conducive environment for investment and innovation in the sector.
The African Ministerial Conference on Local Pharmaceutical Production and Healthcare Technologies is expected to have a lasting impact on the pharmaceutical landscape in Africa, fostering greater self-sufficiency and improved health outcomes for the continent’s population.
