Cash Starved Domestic Drugmakers Turn to EIC for a Lifeline
[Addis Fortune - Ethiopia] - 27/04/2025
Key Takeaways: Ethiopian drug makers are seeking unconditional guarantees from the state-owned Ethiopian Insurance Corporation to access a 30pc advance, amounting to about four billion Birr, from the Ethiopian Pharmaceutical Supply Service. Local banks impose high collateral and service charge (…)
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