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Addressing COVID-19 While Building Long-Term Capacity: Trends and Opportunities in Africa’s Growing Pharmaceutical Markets
The African pharmaceutical market’s estimated worth is between US $40 – $65 billion, but it remains largely untapped, with a heavy reliance on imports. According to Biodun Awosusi at Health Systems and Development Enterprise, the COVID-19 crisis shows the urgent need to unlock new partnerships and investments to accelerate the local production of medical supplies, medicines and vaccines, which could save lives and create jobs. He explores how Africa’s pharmaceutical sector is responding to the pandemic, and how it could be strengthened for the longer term.
- Categories
- Coronavirus, Health Care
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India Is Set to Become a Vital COVID Vaccines Maker — Perhaps Second Only to the U.S.
India could become the world’s second largest Covid vaccine maker, and analysts say the country has the capacity to produce for both its own population and other developing countries.
- Categories
- Coronavirus
- Region
- Asia Pacific
- Tags
- manufacturing, vaccines
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General Motors Commits to Being Carbon Neutral by 2040
General Motors is the latest automaker to publicly commit to setting science based targets with the aim of becoming completely carbon neutral by 2040. GM GM +4.3% joins Volkswagen, Ford and others in pledging a move to carbon neutrality although the other automakers have announced a 2050 timeline.
- Categories
- Energy
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Analysis: International Trade: Year in Review 2020
The Covid-19 pandemic profoundly disrupted global trade in 2020. However, it has also caused new paradigms to emerge, some of which point to potentially positive outcomes over the medium term.
- Categories
- Coronavirus
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How India’s Renewable Energy Sector Survived and Thrived in a Turbulent 2020
Record-low solar tariffs and flexible clean power auctions pushed India’s renewable energy growth in the midst of pandemic impacts. Now, it’s a question of pace.
- Categories
- Energy
- Region
- Asia Pacific
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Bangladesh Garment Suppliers Hit Hard by Late Payments
47 percent of businesses admit to paying suppliers late, data from the Tungsten Network and the Institute of Finance and Management (IOFM) revealed, as recently reported by Material Handling & Logistics News.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
- Tags
- manufacturing
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Maker Spaces vs. COVID-19: How the Pandemic Is Bringing the Small Manufacturing Revolution to the Development Sector
When COVID-19 first struck, it soon became apparent that there wasn’t enough personal protective equipment (PPE) to go around. As Kuldeep Bandhu Aryal and Nishat Tasnim at BRAC point out, this has resulted in price gouging and acute scarcity, in Bangladesh and other developing (and developed) countries. They explore BRAC's innovative solution to this problem: collaborating with maker spaces and other small manufacturers to produce PPE locally and affordably.
- Categories
- Coronavirus, Health Care, Technology
- Tags
- COVID-19, manufacturing, scale
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Six Key Trends Driving Affordable, Low-Carbon Growth in the Rural E-Mobility Sector
In the last five years, a vast array of e-mobility startups have sprung up across sub-Saharan Africa, focused largely on electric bikes, scooters and three-wheelers. As Richa Goyal at Energy Saving Trust points out, these businesses are accelerating Africa's shift toward low-carbon transportation, while also boosting local manufacturing, skill development and job creation. She outlines six key trends and business model features in this emerging sector.
- Categories
- Energy, Transportation