Innogen · News · March 22, 2017

Fund for African Pharmaceutical Development; a gateway to financial sustainability of Pharmaceutical sector in Africa

The inaugural meeting of the Interim Technical Working Group (TWG) to establish the Fund for African Pharmaceutical Development (FAP-D) held productive deliberations aimed at developing an international sustainable financing mechanism for supporting the growth and development of the African Pharmaceutical Sector within the framework of the Pharmaceutical Manufacturing Plan for Africa (PMPA)

This First FAP-D TWG meeting was hosted at the NEPAD Agency Head Office in Johannesburg, South Africa on 6th and 7th December 2016.

The AVMI Annual General Meeting brought together the four African vaccine manufacturing countries (South Africa, Egypt, Tunisia and Senegal) and other aspiring countries including Kenya, Ghana, Nigeria, Ethiopia and Guinea amongst others. Dr Geoff Banda presented on the lessons learnt from medicines manufacture on the continent that can be applied to African vaccine manufacture, in addition to the current findings on the Regenerative Medicine project with Joyce Tait and James Mittra on how the UK is investing in innovation infrastructure for emerging technologies. The presentation was built on research done in the Innogen Institute on financing local pharmaceutical manufacture, innovation and industrial development and the book Making Medicines in Africa.

The second workshop was on the Fund for Africa’s Pharmaceutical Sector Development (FAP-D), where Dr Banda is a member of the interim Technical Working Group working on the establishment of the fund. The expert group is composed of participants from the following organisations FAPMA (Federation of African Pharmaceutical Manufactured Association), AfDB (African Development Bank), UNIDO (United Nations Industrial Development Organisation), UNECA (United Nations Economic Commission for Africa), UNAIDS (United Nations Programme on HIV/AIDS) USP (United States Pharmacopeia), Academia (Innogen Institute, The University of Edinburgh), GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit), CSO and the Secretariat composed of the African Union Commission (AUC) and NEPAD Agency (New Partnership for Africa’s Development).