The United Nations Economic Commission for Africa (ECA), in collaboration with the African Union Commission (AUC), the African Union Development Agency (AUDA-NEPAD), IGAD, WHO, UNAIDS and other relevant United Nations (UN) agencies, launched the AfCFTA-anchored Pharmaceutical Initiative (Pharma Initiative) in November 2019. The Initiative focuses on facilitating and advocating for localized production of medicines, pooled procurement, and deployment of a harmonized regulatory and quality framework geared towards strengthening African countries’ health systems. The Pharma Initiative leverages on the implementation of the African Medicines Agency (AMA) and African Continental Free Trade Area (AfCFTA) which brings on board a single market of 1.3 billion people, a combined gross domestic product (GDP) of $3.4 trillion, across 55 member states of the Africa Union (AU) with a potential to significantly contribute towards fulfilling the obligations of the 2030 Sustainable Development Goals 3, 9, 17 and Agenda 2063 aspirations.
Read more (Concept Note) - [French Version]
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