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Yaounde, 29 January 2021 (ECA)
– With technical support from the United Nations Economic Commission for Africa (ECA), public and private sector representatives have consolidated a comprehensive framework to render Cameroon’s local pharmaceutical sector better structured, resilient, productive, competitive and viable in the short term.
Within this new dispensation, the Government of Cameroon hopes to steer local actors to capture a more sizeable part of the circa the FCFA 200 billion (US$ 369 million) local market for pharmaceuticals and make inroads into the ECCAS subregional and Nigerian markets.
Currently, local production meets only 5% of the national needs, as Cameroon imports over 90% of its needed pharmaceuticals.