mPharma, Belayab Open Haltons Pharmacy in Ethiopia

ADDIS ABABA – mPharma, a patient-centered and technology-driven healthcare company and Belayab Pharmaceuticals Plc, announced today the opening of the first Haltons Pharmacy at Sarbet in Addis Ababa, Ethiopia.

Through the franchise agreement signed in March 2021 by mPharma and Belayab, the new pharmacy in Ethiopia is intended to support expanded growth opportunities locally and in the region.

“We are excited to be opening the first Haltons Pharmacy in Ethiopia and expect to do a lot more work in the near future,” said Mike Ghebru, Shareholder at Belayab Pharmaceuticals.

As the population and economy of Ethiopia continue to grow, the country is investing in strengthening its health systems to improve the standard of health for its people.

Powered by mPharma’s proprietary Bloom technology, the new Haltons Pharmacy in Addis Ababa is expected to provide patients with access to affordable and quality medications.

“mPharma is deepening its long-standing commitment to Africa as a whole by increasing access to health care resources in the region,” said Naa Akwetey, SVP of Strategy and Business Development at mPharma.

“We continue to work with our retail partners to transform community pharmacies into primary care centers that provide value-added services to all patients so they can live not just longer but healthier lives,” Akwetey added.

Haltons Limited is a subsidiary of mPharma following an acquisition in 2019.

The company operates the second-largest pharmacy chain in Kenya and has retail outlets in high-traffic residential estates capitalizing on volumes created by healthcare medicine prescribers.

Haltons Pharmacies are located in Nairobi, Kisumu, Mombasa, Nakuru, and Nyeri in Kenya, and now in Addis Ababa.