• Latest
  • Trending
Equity Bank Uganda Board Tours Microhaem Scientifics, Advancing Uganda’s Drive for Medical Import Substitution

Equity Bank Uganda Board Tours Microhaem Scientifics, Advancing Uganda’s Drive for Medical Import Substitution

08/11/2026
SHE WILL WEEP! Nabbanja Demands That Alice Kaboyo Accounts for All The Billions Her Ministry Has Been Receiving to Rehabilitate Veterans

SHE WILL WEEP! Nabbanja Demands That Alice Kaboyo Accounts for All The Billions Her Ministry Has Been Receiving to Rehabilitate Veterans

09/15/2026
Become MPs in 2031 to Avoid Being Beggars for the Rest of Your Life! Truthful M7 Minister Tells Poverty-Stricken NRA Veterans Kids

Become MPs in 2031 to Avoid Being Beggars for the Rest of Your Life! Truthful M7 Minister Tells Poverty-Stricken NRA Veterans Kids

09/15/2026
Two Jailed For Four Years Over Water Meter Theft In Kiteezi

Two Jailed For Four Years Over Water Meter Theft In Kiteezi

09/15/2026
At Nabbanja’s Function (M7 Birthday Event), Ministers Refuse to Chant Gen MK Slogans of ‘Standby Generator’ as PM Insists M7 Is Still Fit for 2031

At Nabbanja’s Function (M7 Birthday Event), Ministers Refuse to Chant Gen MK Slogans of ‘Standby Generator’ as PM Insists M7 Is Still Fit for 2031

09/15/2026
Nabbanja Declares ONC’s Hadijah Namyalo ‘Most Popular M7 Cadre’

Nabbanja Declares ONC’s Hadijah Namyalo ‘Most Popular M7 Cadre’

09/15/2026
NRA Veterans’ Children Praise ONC Before Nabbanja as SPA Namyalo Mocks PLU Diehards With ‘M7 Not Going Anywhere’

NRA Veterans’ Children Praise ONC Before Nabbanja as SPA Namyalo Mocks PLU Diehards With ‘M7 Not Going Anywhere’

09/15/2026
GROW Project Funds Set for UDB-Style Transformation as Government Eyes Permanent Financing Facility

GROW Project Funds Set for UDB-Style Transformation as Government Eyes Permanent Financing Facility

09/15/2026
At Nyanzi Kawempe Petition Trial, Justice Faridah Bukirwa Shows Uganda Still Has ‘Good’ Judges

At Nyanzi Kawempe Petition Trial, Justice Faridah Bukirwa Shows Uganda Still Has ‘Good’ Judges

09/15/2026
Dr. Ruth Kasolo Sounds Warning as Banks Risk Losing GROW Millions Over Unused Expansion Funds

Dr. Ruth Kasolo Sounds Warning as Banks Risk Losing GROW Millions Over Unused Expansion Funds

09/15/2026
ICPAU Hits Back at CPA Students Over Examination Complaints, Denies Receiving Petition

ICPAU Hits Back at CPA Students Over Examination Complaints, Denies Receiving Petition

09/15/2026
NRM’s Madina Nsereko Skips Court as Fred Nyanzi Demands Proof Behind Her Poll Victory

NRM’s Madina Nsereko Skips Court as Fred Nyanzi Demands Proof Behind Her Poll Victory

09/15/2026
ELECTION PETITION UPDATE: Court Bans Journalists From Carrying Recording Gadgets Into Court Ahead of Fred Nyanzi-Madina Nsereko Case Hearing

ELECTION PETITION UPDATE: Court Bans Journalists From Carrying Recording Gadgets Into Court Ahead of Fred Nyanzi-Madina Nsereko Case Hearing

09/15/2026
mulengeranews.com
  • Home
  • NEWS
    • GENERAL NEWS
    • MORNING BRIEFING
    • THE GIRAFFE
    • INVESTIGATIONS
    • INTERVIEWS
  • ECONOMY WATCH
    • BUSINESS NEWS
    • BUSINESS FEATURES
    • ENERGY
    • OIL & PETROLEUM
  • HEALTH & LIFESTYLE
  • GOSSIP
    • CORPORATE BUZZ
    • POLITICAL TRIVIA
    • CELEBRITY VIBE
    • CORPORATE EVENTS
  • UPCOUNTRY
    • UPCOUNTRY FEATURES
    • UPCOUNTRY NEWS
  • FLASHBACK
    • HISTORY-INSPIRED ARTICLES
    • POLITICAL SERIES
  • More
    • EDUCATION
    • MATTERS OF FAITH
    • CHRISTIAN FAITH
    • MUSLIM FAITH
    • P’PLE PROFILES
    • WEDDINGS & MARRIAGES
    • CONTACT US
No Result
View All Result
  • Home
  • NEWS
    • GENERAL NEWS
    • MORNING BRIEFING
    • THE GIRAFFE
    • INVESTIGATIONS
    • INTERVIEWS
  • ECONOMY WATCH
    • BUSINESS NEWS
    • BUSINESS FEATURES
    • ENERGY
    • OIL & PETROLEUM
  • HEALTH & LIFESTYLE
  • GOSSIP
    • CORPORATE BUZZ
    • POLITICAL TRIVIA
    • CELEBRITY VIBE
    • CORPORATE EVENTS
  • UPCOUNTRY
    • UPCOUNTRY FEATURES
    • UPCOUNTRY NEWS
  • FLASHBACK
    • HISTORY-INSPIRED ARTICLES
    • POLITICAL SERIES
  • More
    • EDUCATION
    • MATTERS OF FAITH
    • CHRISTIAN FAITH
    • MUSLIM FAITH
    • P’PLE PROFILES
    • WEDDINGS & MARRIAGES
    • CONTACT US
No Result
View All Result
mulengeranews.com
No Result
View All Result
Home NEWS

Equity Bank Uganda Board Tours Microhaem Scientifics, Advancing Uganda’s Drive for Medical Import Substitution

by Walakira John
1 month ago
in NEWS
0 0
Equity Bank Uganda Board Tours Microhaem Scientifics, Advancing Uganda’s Drive for Medical Import Substitution
Share on FacebookShare on Twitter

By Guest Writer

On the morning of 7 August 2026, Equity Bank Uganda’s Board Committee, led by Board Chair Henry Rugamba and accompanied by Managing Director Gift Shoko and senior executives, conducted a strategic engagement and guided facility tour at Microhaem Scientifics (MHS). The visit covered both the active production site in Ntinda, Kampala, and the 20-acre Phase II expansion under construction at Namanve Industrial Park.

 

The engagement reaffirmed Equity Bank Uganda’s role as the primary financier of Microhaem’s growth. To date the bank has committed more than USD 50 million in facilities that have enabled the company to scale manufacturing capacity, strengthen quality systems, and move decisively toward reducing Uganda’s dependence on imported diagnostics and pharmaceuticals.

 

Microhaem Scientifics was founded by Ugandan Scientist Dr. Cedric Akwesigye with a clear conviction: Africa’s health security cannot rest on supply chains that stretch across oceans. For years the continent’s clinics and hospitals relied almost entirely on imported test kits and medicines, products that frequently arrived late, degraded in tropical heat, or failed to match local disease patterns. Dr. Akwesigye set out to reverse that vulnerability from within.

 

Operating under the philosophy “Quality Saves Lives,” the company began by designing diagnostic tools specifically engineered for East African realities. Its flagship Pf-Xpat malaria rapid diagnostic test kits are moisture-resistant and remain stable at temperatures up to 40 °C, critical for remote health centres that lack reliable refrigeration. Parallel lines for HIV (Kwiq Test), sickle-cell screening (MicroScreen), and molecular reagents followed.

 

These products now address some of the region’s heaviest disease burdens: Uganda ranks third globally in malaria cases (5 % of the world total, incidence 60.4 per 1,000), records an estimated 20,000 new sickle-cell births each year (with 70–80 % of affected children dying before age five without early detection), and continues to strengthen its HIV testing algorithm toward the UNAIDS “first 90” target.

 

From a modest start in Ntinda, Microhaem has grown into one of East Africa’s leading indigenous manufacturers of in-vitro diagnostics. Phase I production continues to supply national programmes and private providers. Phase II at Namanve, a purpose-built complex featuring a four-level manufacturing block (40 m × 160 m), dedicated utility systems, a plastics factory for syringes and consumables, R&D floors, and specialist accommodation, will dramatically expand capacity for both diagnostics and wider pharmaceutical lines. Civil works on the main block are due for completion by December 2026, followed by a year of GMP fit-out, with first validated products expected within approximately 18 months.

 

In his remarks, Henry Rugamba, Board Chair, Equity Bank Uganda, reflected on the journey Equity Bank Uganda took to support local manufacturers with ambitious Pan-African dreams: “What we saw today is African capability in action. Microhaem is not waiting for solutions to be shipped from elsewhere; it is building them here. Equity Bank is proud to have financed this journey with over USD 50 million to date. Local manufacturers, backed by local capital, are the surest route to health sovereignty and economic resilience.”

 

On his part, Gift Shoko, Managing Director, Equity Bank Uganda, lent his voice to the banks mandate on the Africa Recovery and Resilience Plan: “Through our Africa Recovery and Resilience Plan we deliberately channel capital into industries that reduce import dependence and create skilled jobs. Supporting Microhaem Scientifics is a clear expression of that strategy. We are not merely lenders; we are partners in building the industrial backbone Uganda and East Africa need.”

 

Equity Bank Uganda’s support sits within Equity Group’s Africa Recovery and Resilience Plan (ARRP), a USD 6 billion continental strategy that targets private-sector growth, industrialisation, cross-border value chains and financial inclusion for up to 100 million customers by 2030. Manufacturing and logistics form a core pillar of the plan, making projects such as Microhaem a natural fit.

 

Dr. Cedric Akwesigye, Founder & Managing Director, Microhaem Scientifics, spoke in appreciation of Equity Bank Uganda’s support to their Pan-African vision: “Fourteen years of rigorous development, testing and iteration have brought us to this point. Equity Bank’s confidence and sustained financing have been decisive. Our goal remains simple: to protect and improve the quality of people’s lives through the innovation, manufacture and supply of high-quality medical products made in Uganda, for Uganda, and for export across Africa.”

 

The visit concluded with a shared understanding that the partnership will continue to deepen as Phase II comes on stream. Together, Equity Bank Uganda and Microhaem Scientifics are converting the long-standing ambition of medical import substitution into concrete capacity, one locally manufactured, life-saving product at a time. (For comments on this story, get back to us on 0705579994 [WhatsApp line], 0779411734 & 041 4674611 or email us at mulengeranews@gmail.com).    

Post Views: 680

Related Posts

SHE WILL WEEP! Nabbanja Demands That Alice Kaboyo Accounts for All The Billions Her Ministry Has Been Receiving to Rehabilitate Veterans
NEWS

SHE WILL WEEP! Nabbanja Demands That Alice Kaboyo Accounts for All The Billions Her Ministry Has Been Receiving to Rehabilitate Veterans

13 hours ago
Become MPs in 2031 to Avoid Being Beggars for the Rest of Your Life! Truthful M7 Minister Tells Poverty-Stricken NRA Veterans Kids
NEWS

Become MPs in 2031 to Avoid Being Beggars for the Rest of Your Life! Truthful M7 Minister Tells Poverty-Stricken NRA Veterans Kids

14 hours ago
Two Jailed For Four Years Over Water Meter Theft In Kiteezi
NEWS

Two Jailed For Four Years Over Water Meter Theft In Kiteezi

14 hours ago
At Nabbanja’s Function (M7 Birthday Event), Ministers Refuse to Chant Gen MK Slogans of ‘Standby Generator’ as PM Insists M7 Is Still Fit for 2031
NEWS

At Nabbanja’s Function (M7 Birthday Event), Ministers Refuse to Chant Gen MK Slogans of ‘Standby Generator’ as PM Insists M7 Is Still Fit for 2031

17 hours ago
Nabbanja Declares ONC’s Hadijah Namyalo ‘Most Popular M7 Cadre’
NEWS

Nabbanja Declares ONC’s Hadijah Namyalo ‘Most Popular M7 Cadre’

17 hours ago
NRA Veterans’ Children Praise ONC Before Nabbanja as SPA Namyalo Mocks PLU Diehards With ‘M7 Not Going Anywhere’
NEWS

NRA Veterans’ Children Praise ONC Before Nabbanja as SPA Namyalo Mocks PLU Diehards With ‘M7 Not Going Anywhere’

18 hours ago

  • #13266 (no title)
  • Contact
  • Home
  • Homes

Copyright © 2025 All Rights Reserved by Mulengera News.

No Result
View All Result
  • #13266 (no title)
  • Contact
  • Home
  • Homes

Copyright © 2025 All Rights Reserved by Mulengera News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?