Several American healthcare providers partner to launch 20 lifesaving cancer treatments in Africa

SUB SAHARAN AFRICA – The American Cancer Society (ACS) and the Clinton Health Access Initiative (CHAI) has announced agreements with pharmaceutical companies Pfizer, Novartis and Mylan to expand access to 20 lifesaving cancer treatments in 26 countries in sub-Saharan Africa and Asia. Purchasers are expected to save an average of 59 percent for medicines procured through the agreements. “With the…

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South African retailer Massmart gets US$230m backing from parent company Walmart

SOUTH AFRICA – South African retailer Massmart has received a R4 billion (US$230m) inter-company loan from its parent company Walmart, an American multinational retail corporation to help it offset liquidity constraints triggered by the COVID-19 pandemic. With the backing, Massmart, which owns Makro, Game and Builders Warehouse retail outlets has indicated that the group now has sufficient resources to meet its…

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China tops Nigeria’s 6 month import list, accounts for 31% of value of Q3 imports

NIGERIA – Nigeria’s imports from China in the second and third quarter of 2019, (April to September) stood at US$6.08 billion (N2.2tn); data obtained from the National Bureau of Statistics has shown. The country imported Chinese goods worth US$2.82 billion (N1.02tn) in the second quarter, representing 25.47 per cent of total imports and in the third quarter, imported Chinese goods…

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