₦airaland Forum

Shma2020:
What are you trying to drive here? Cos I'm not getting your point.

Please, try to avoid hard feelings and enlighten us. I don't think you're ranting here ? Courtesy of stage four syndrome.

gallivant:
Lmao!

You still havent graduated from pulling numbers out of the sky?

68816419:
I just discovered that 90% of these pharmaceutical companies are not owned by Black Kenyans,why?

Shma2020:
Drop the link and stop sh*ting poo from your mouth.

rvp20182:
All good except it's wishful. Quote something to bank your dwarf country.

'500M is just the prescription drug market in kenya in 2014

Now tell us which countries import Ghana drugs.

When you cannot even satisfy local demand

68816419:
Can u STF, kirubi owns 58% and the Nairobi-based Two Rivers Mall is also reeling under mounting losses. The mall, which is partly owned by NSE-listed Centum Investments, reported a net loss of Sh3. 4 billion in the year ended March – down from a profit of Sh915. 8 million a year earlier.. Everything about Kenya is not profitable, from the Airline, Supermarkets, Housing and now Malls

https://www.constructionkenya.com/7419/kenya-mall-business/

Shma2020:
Mark my words zombie .

Ghana will never do that. I heard somewhere that your store(if USA will manage to compete the payment for you) will be selling perfumes and cosmetic products .

rvp20182:
Kenya has been pharma giant of sub sahara for long time.

This is 2005

A groundswell of support for developing the local pharmaceutical industry
As early as in 2005, a World Bank study had identified that Africa, South Africa, Kenya, Nigeria, and Zimbabwe have the industrial capacity that can be made available to produce medicines for export or for domestic consumption in the face of the diminishing supply of generic medicines from the major producers.

rvp20182:
No more quoting data.

Let me help you - Kenya domestically produced pharma was 750M in 2018. Kenya export about 150-200M worth of drugs. Kenya still import about 650M.

Do the math's - by now - kenya pharma is nearly 2B dollars.

Ghana you have ZERO exports, you produce only 30% of your local needs and import 70%.

Look for something else - kenya is pharmaceutical giant of sub-sahara exporting drugs to more than 10 countries.

rvp20182:
That is McKinnsey report; a very reputable firm

rvp20182:
slowly orbit. I am using the data you provided

Kenya has 12,955.749 for 2019 verus ghana 172.947

Now less do basic 12,955.749/172.947.

Kenya pharma is nearly 74 times BIGGER

rvp20182:
https://blog.private-sector-and-development.com/app/uploads/2019/02/PRO-Revue28-UK-key-figures.pdf

Shma2020:
I can see you're now in stage 3 of zombie mode activation.

Your puny brain is already overheating by facts ..

Rvp is giving you doses after doses, right?

Shma2020:
It was..


Stop forcing issues and debate like a sane human.

rvp20182:
You're now going to wordpress . Kenya is pharma giant in Sub-Sahara Africa. Only South Africa can tell us shiet. But you west african are still celebrating manafucturing a syringe

rvp20182:
Africa top 10 - in pharma - 70% of revenues
Algeria,
Egypt,
Kenya,
Côted’Ivoire,
Libya,
Morocco,
Nigeria,
South Africa,
Sudan,
Tunisia.

Ghana - NOT there - with other 42 countries accounting for 30% of revenues.

Shma2020:
where?? That would never happen.

Fist of all, the USA funders have not completed the payment for that weeny dying retail shop.

I'll start listening to your rumors once the retail shop is fully paid for and owned by Ghana. ..

Meanwhile, celebrate your minnow achievement as you pray it gets materialize cos the competition in Kenya is quite stiff.

rvp20182:
Very good. At least for once you shared a link

Now hobbit - slowly compare - and let me know if you need help.

https://www.ceicdata.com/en/indicator/kenya/exports-medicinal-and-pharmaceutical-product
https://www.ceicdata.com/en/indicator/ghana/exports-medicinal-and-pharmaceutical-product

Shma2020:
so you're trying to indirectly create a kenya-Ghana trade link to boost your economy.. ..

Congratulations then . Kenya already have enough medicines in stores to feed the whole of Ghana.

rvp20182:
It's a damn retailer. A dispensing chemist. Halton sell perfumes and such things. Ghana are babies in pharma industry.

rvp20182:
LINK would settle it.
Domestic - market
Kenya has a significant, and growing, domestic pharmaceutical market valued at $750 million at the end of 2018, up from $417 million in 2010.
https://www.asokoinsight.com/content/quick-insights/kenya-leading-pharmaceutical-companies

Kenya import -
US$557.24 Million
Kenya Imports of Pharmaceutical products was US$557.24 Million during 2019, according to the United Nations COMTRADE database on international trade.

We haven't touched the export market - and kenya pharma companies with regional subsidiaries.

Shma2020:
A weeny dying pharmaceutical company and they think they have made it.

Shma2020:
Haltons was at one point the biggest pharmacy chain in Kenya with more than 50 stores but competition shrinked it to a nonentity venture.

It's new ownership and better systems could see it start to expand again in the near future and therefore ghanian saw a potential future of buying it.

We sell scraps and unprofitable ventures and focus on new inventions.

rvp20182:
LINK exported to which country for example. When you are importing 70% of your drugs ; How can be exporting when you have not cornered domestic market from India and chinese.

rvp20182:
GHANA

Pharmaceutical sales reached $299 million in 2018, according to Fitch Solutions, up slightly from $293 million in 2017. Sector income represented 0.5% of Ghana’s GDP and 13% of total healthcare expenditure in 2018.

rvp20182:
Kenya domestic pharma market is nearly 1B dollars now and the export is about 1B.

Look like you searched for 2010 data
The value of the Kenyan pharmaceutical market was estimated at US$ 417 million in 2010 and it is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.9% between 2009 and 2019 in US dollar terms.

rvp20182:
Ghana Pharma industry. Export zero. Imports 70% of their drugs
https://www.asokoinsight.com/content/market-insights/ghana-leading-pharmaceutical-manufacturers
As is the case with many developing countries in West Africa, Ghana’s pharmaceutical industry is dependent on foreign inputs and finished pharmaceutical products. Roughly 70% of pharmaceutical demand is met by imports, mostly from India and China, with local production accounting for the remaining 30%.

rvp20182:
Kenya supply 50% drugs in this map. Ghana bought a retail shop using funding from USA. If Egypt doesn't even compete with Kenya - what will Ghana do. Kenya pharma have very strong linkages with India and many kenya firm manufacture generics.
https://upload.wikimedia.org/wikipedia/commons/thumb/4/46/COMESA_Members.svg/800px-COMESA_Members.svg.png

rvp20182:
Kenya beat Egypt in pharm industry. Little crap from GHANA cannot even get here in 50yrs.

Shma2020:
which second largest?

..

Pwahahaaaaaa
Pwapwapwapwapwa .. Lemme bongo-laugh small.

rvp20182:
PLEASE - SHOPS - dispensing shops - you came and bought low end retail shops.

OTHERWISE:

Kenya is currently the largest producer of pharmaceutical products in the Common Market for Eastern and Southern Africa (COMESA) region, supplying about 50% of the regions' market. ... Prescription drugs account for around 78% of the market.

The pharmaceutical industry in Kenya consists of three segments namely the manufacturers, distributors and retailers.

The number of companies engaged in manufacturing and distributionof pharmaceutical products in Kenya continue to expand, driven by the Government’s efforts to promote local and foreign investment in the sector. There are about 700 registered wholesale and 1,300 retail dealers in Kenya, manned by registered pharmacists and pharmaceutical technologists. These pharmacies are accorded a 25% mark-up on retail drugs. The pharmaceutical sector in Kenya is also engaged in assembling capsules, disposable syringes, paracetamol, and surgical gauze amongst others.

Shma2020:
stop directing your hate to a different person.

That is a Ghanaian. I know you confused him for a kenyan.