Droga Pharma has announced the establishment of a financial loan and savings institution designed to support healthcare workers. Was Insurance S.C.—a new  venture affiliated with the firm, is awaiting the NBE’s green light. Once licensed, it will become the country’s first insurer offering both general and medical coverage. It will also offer credit for vehicle purchases, business ventures, and facility upgrades. The new institution targets doctors, nurses, and other medical professionals, aiming to ease the financial barriers they face in acquiring housing, transportation, or launching health-related businesses. “Capital constraints have long prevented many from opening clinics or pharmacies,” the company noted. In parallel, Marking its 10th anniversary, the company highlighted its growing impact in the sector. With 415 branches nationwide, it remains committed to improving access to quality healthcare supplies and services, according to Henock Teka, CEO of Droga. The financial initiative represents a strategic move to strengthen the economic footing of medical professionals, enabling them to grow personally and professionally while contributing to better healthcare delivery, he added.

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