Wed Apr 6, 2016/Reuters U.S. drugmaker Pfizer Inc and Ireland-based Allergan Plc walked away from their $160 billion merger on Wednesday, a major win for President Barack Obama, who has been pushing to curb deals in which companies move overseas to save on taxes. Pfizer said the decision was driven […]
Updates
Ethiopian Government Offers Tax, Loan Incentives to Cut Cost of Local Drug Production
April 6, 2016/Frost & Sullivan The Government of Ethiopia is offering tax and loan incentives to encourage local pharmaceutical production that will ultimately reduce the cost of drugs, increase job opportunities, improve economic growth and enhance foreign exchange inflow. Ethiopia has previously relied heavily on pharmaceutical imports – or international […]
AfDB President pledged to increase financial support to Mozambique
April 5, 2016/AfDB The President of the African Development Bank Group (AfDB), Akinwumi Adesina, on Monday, April 5, 2016 had a one-day visit in Maputo, Mozambique, where he reaffirmed the commitment of the Bank to continue to support the growing Mozambican economy. Leading a team of senior Bank staff, Adesina […]
