[Iran] - Knowledge-based business to participate in MEDEXPO AFRICA

INSUBCONTINENT EXCLUSIVE:
TEHRAN An Iranian delegation will take part in the 25th exhibit on medical products, devices, machinery, and services (MEDEXPO AFRICA) which
is set up to be held from May 14 to 16 in Nairobi, Kenya.With the assistance of the Innovation and Prosperity Fund, knowledge-based firms
will set up their structures in the exhibition.Hospital products; pharmaceuticals; healthcare, lab, dental, optical, veterinary tools, and
medical equipment along with medical services are among the products to be featured.MEDEXPO is one of the most important medical and
healthcare occasions for medical production items, devices, machinery, services, and services
The exhibit showcases innovative services from leading market players for the benefit of buyers from the medical innovation industry, from
throughout the East African region.The occasion is an important stop for buyers from across East Africa seeking brand-new items, equipment,
machinery, services, and solutions in healthcare.Kenya is a promising market for medical devices and has actually been ranked as one of the
fastest-growing markets in the sub-Saharan Africa region according to Fitch and World Bank reports
The medical device sector is heavily dependent on imports with restricted domestic production.IHiT in KenyaIn 2024, the CEO of Iran home of
innovation and technology (iHiT) in Kenya, Ali Bani-Amerian, stated the iHiT has actually created brand-new opportunities for Iranian
knowledge-based business to accomplish significant success in worldwide markets, especially in Kenya, which is called a gateway to East
Africa.Currently, the worth of knowledge-based exports to Kenya is more than one million dollars, ISNA quoted Ali Bani-Amerian as
saying.Having a deep understanding of the markets requirements and supplying innovative services, the center helps Iranian business in
getting rid of barriers and achieving excellent success in exporting items to Kenya and East Africa, the main highlighted.IHiT in Kenya
helps companies accomplish the required requirements to enter global markets, Bani-Amerian said.Holding over 50 joint events in the field of
technology and entrepreneurship with the United Nations, the Kenyan Chamber of Commerce, Kenyan universities, and educational institutions,
establishing more than 35 Iranian, Kenyan, and global startups in the iHiT center, and performing market research studies are parts of
services provided by the center.The center has actually also helped with the export of products for more than 20 Iranian companies, and
developed 2 series of successful nationwide knowledge-based pavilions at Kenya health care expo in 2022 and 2023
Signing up more than 50 medical devices and two Iranian anti-cancer medications, obtaining GMP accreditation for 11 Iranian knowledge-based
business, setting up Iranian medical equipment in Kenyan hospitals and medical centers, as well as exporting several pharmaceutical
components to Kenya, are to name a few achievements of iHiT in Kenya.Kenya is a promising market for medical devices and has actually been
ranked as one of the fastest-growing markets in the sub-Saharan Africa area according to Fitch and World Bank reports
The medical device sector is heavily dependent on imports with minimal domestic production.In January 2021, Iran opened its home of
innovation and innovation in Kenya and the very first center in Africa.The center serves as a base for the development of innovative
concepts, the commercialization of these concepts, and the export of Iranian knowledge-based services and products to the East African
marketMT/MG