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Financing African Local Pharmaceutical Production
AU Policy Brief
The Pharmaceutical Manufacturing Plan for Africa (PMPA) recognises the role of the local pharmaceutical industry as an integral component of health systems strengthening by assuring sustainable local supply of quality, efficacious and affordable medicines.
This policy brief for the African Union (AU) suggests some policy approaches and funding schemes for supporting local manufacture, industrial development and technological capability upgrading. It is based on our research findings which indicate that the prevailing funding challenge is not a simple access to finance issue. There are fundamental financial systems architecture, finance capability, and policy frameworks (finance, industry and health) that need to be coordinated to effectively and sustainably support local manufacture on the continent.