FNB has expanded its digital payment ecosystem into the wearable technology space by announcing a new partnership with South African fintech start-up VezoPay, the company behind the country’s first smart payment ring. Read: Google South Africa launches AI glossary in Zulu, Xhosa and Afrikaans The new offering targets FNB Private Bank and RMB Private Bank…
Africa carries a heavy health burden. It accounts for 25% of the global disease burden despite having only 18% of the global population. The situation reflects deep-rooted challenges in healthcare access, infrastructure, and socioeconomic conditions. Yet the continent produces only 3% of global medicines. It imports over 70% of its medicines. This makes medicine expensive…
Shelf of pharmaceutical products. D3sign | Moment | Getty Images President Donald Trump announced Thursday that the U.S. will impose a 100% tariff on “any branded or patented Pharmaceutical Product” entering the country from Oct. 1. The measure will not apply to companies building drug manufacturing plants in the U.S., Trump said. He added that…
Addis Ababa, Ethiopia–A major discussion point at the Second Africa Climate Summit in Addis Ababa is a shift in how African leaders address climate finance. The central question is how to “shift from aid to investment in local innovation,” and to assess whether current grant-based climate finance is truly fit for its purpose. The goal…
Sub-Saharan Africa has taken a cautious but critical step toward greater health self-reliance as locally produced HIV medicines and diagnostic tests begin reaching national programmes – including, for the first time, procurement of African-made treatment for Mozambique. The development marks a milestone for a region that bears nearly 65 per cent of the global HIV…
