Ghanian Pharmaceutical Enters Ethiopian Market

Sep 10 , 2021


A Ghanian pharmaceutical firm has opened a pharmacy in Addis Abeba through a franchise agreement with Belayab Pharmaceuticals Plc struck in March 2021. Located in Sarbet, Haltons Pharmacy will offer a health membership programme, availing discounts and financing options for pharmaceutical products and health screenings. Haltons Limited is a subsidiary of mPharma, a Ghana-based pharmaceutical established in 2013. It currently operates in seven African countries, including Ethiopia and Kenya. The firm acquired Haltons, the second-largest pharmacy chain in Kenya, in 2019. Belayab Pharmaceuticals is part of the Belayab Group, which owns companies such as Belayab Foods, the official franchisee of Pizza Hut and Coldstone Creamery.


Radar

FAINT & FADING

A shoe cobbler in the Cherqos area clenches tightly at the needle, keeping the dying trade afloat. The ragged tent protecting the vendor from the scorching sun above will soon be a relic if the City administration's beautification campaign is fully realised. Addis Abeba has represented a centre of commerce and culture for the multitude that flock every year from all corners of Ethiopia in its 137-year history. With the informal sector accounting for nearly half of the capital's employed and cons...


Radar

PICTURESQUE LONGINGS

A street vendor around the Stadium area sells high-quality images depicting Ethiopia's diverse tourist attractions. Ethiopia is lauded as a land of man-made and natural wonders with tourist attractions all over the region. However, the constant conflict has rendered too much of its vast heritage inaccessible over the past few years. While many expected a rebound from the two billion dollars lost in tourism revenues in 2022 after the November peace deal, the dawn of another conflict has cast an u...


Radar

ECONOMY CLASS

A cow around the Qera area is transported to a nearby dairy farm as the demand rises during the holiday season. While Ethiopia has the largest cattle population in the continent at over 50 million, animal products appear to be a rare delicacy in the everyday diet of citizens. A recent report by the United Nations indicated that over 80pc of Ethiopians do not eat a healthy diet. High costs compounded by expensive undersupplied animal feed, contraband and hefty taxation play a major factor with a...


Back
WhatsApp
Telegram
Email