mPharma, the Ghanaian startup that manages prescription drug inventory for pharmacies and their suppliers announced that it has entered Ethiopia through a franchise agreement. This move will see mPharma enter its eighth market in Sub-Saharan Africa and third in East Africa

mPharma signed a franchise agreement with Belayab Pharmaceuticals PLC to increase patient access to affordable and quality medications in Ethiopia, through its subsidiary, Haltons Limited. With the franchise, mPharma and Belayab Pharmaceuticals aim to open two operational pharmacies in Addis Ababa this year.

Headquartered in Ghana, mPharma was founded by Daniel Shoukimas, Gregory Rockson, and James Finucane in 2013. The technology-driven healthcare company acquired Kenya’s second-largest pharmacy chain, Haltons, in 2019, taking control of 27 stores across Kenya.

Currently operational in Ghana, Nigeria, Zambia, Rwanda, and Kenya, mPharma serves about a million patients every year through over 300 partner pharmacies and provides patients with affordable and high-quality medicines in its quest to build an Africa that is in good health.


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