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How regulatory affairs professionals can contribute to Africa’s development — Expert

By Racheal Olatayo
14 July 2024   |   5:28 pm
Amid growing concerns over Africa's economic growth, Adione Juliet, an expert in pharmaceutical Regulatory, has explained how regulatory affairs professionals can contribute to the continent's development. She stressed the critical role of regulatory professionals in ensuring compliance with health laws and regulations, safeguarding patient safety and data integrity. In Nigeria, the pharmaceutical industry faces unique…

Amid growing concerns over Africa’s economic growth, Adione Juliet, an expert in pharmaceutical Regulatory, has explained how regulatory affairs professionals can contribute to the continent’s development.

She stressed the critical role of regulatory professionals in ensuring compliance with health laws and regulations, safeguarding patient safety and data integrity.

In Nigeria, the pharmaceutical industry faces unique regulatory challenges. Juliet’s expertise has helped companies navigate these complexities, ensuring compliance with National Agency for Food and Drug Administration and Control (NAFDAC) regulations and international standards.

As the World Bank reports, Africa’s growth is projected to pick up to 3.5 percent in 2024, and average about 4 percent in 2025-26, as inflation retreats and private consumption and investment improve .

However, risks to the outlook remain tilted to the downside, including increasing global geopolitical tensions, a further deterioration in regional political stability, and a sharper-than-expected economic slowdown in China.

To mitigate these risks, experts advocate for cohesive investment and funding approaches in key sectors such as science, research, and development.

Africa’s neglect of these areas has resulted in significant gaps in innovation and economic growth.

Her innovative approach underscores the value of regulatory affairs expertise in pharmaceutical innovation.

Regulatory professionals play a vital role in navigating complex regulatory landscapes, ensuring seamless medicines Approval process.

Their expertise facilitates collaboration between stakeholders, including researchers, manufacturers, and healthcare authorities.

The Nigerian pharmaceutical industry’s growth is contingent upon addressing regulatory challenges. Juliet’s expertise has been instrumental in helping companies overcome these hurdles.

As the global economy evolves, Africa must prioritize science, research, and development to drive growth. The continent’s leaders must recognize the importance of investing in these sector.

Experts emphasised the need for comprehensive fiscal reforms to address ongoing fiscal challenges in small states.

These reforms should focus on improving public investment efficiency, fiscal administration, and revenue management.

The creative sector is Nigeria’s new oil, driving the country’s cultural influence globally. This sector’s growth potential can contribute significantly to Nigeria’s economic development.

Adione Juliet’s contributions underscore the indispensable role of regulatory affairs professionals in Africa’s pharmaceutical industry.

Her dedication to pharmaceutical innovation and regulatory excellence has improved lives and paved the way for future breakthroughs.

In conclusion, Africa’s economic growth requires a multi-faceted approach, addressing regulatory challenges, investing in science and research, and developing key sectors such as pharmaceuticals etc.
The World Bank’s projections for Africa’s growth highlight the need for cautious optimism. As the continent navigates global geopolitical tensions and economic uncertainty, regulatory expertise will play a vital role in ensuring compliance and driving growth.

Africa’s future depends on its ability to harness the potential of regulatory affairs professionals, scientists, and innovators.

By prioritizing investment in these areas, Africa can overcome its economic challenges and achieve sustainable growth.

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