Bloomberg News

Adcock Ingram Targets Nigeria, Kenya in Africa Expansion

October 20, 2011

Oct. 20 (Bloomberg) -- Adcock Ingram Holdings Ltd. is targeting expansion in Nigeria and Kenya to boost earnings from Africa, Kofi Amegashie, head of the drug-maker’s African operations, said.

“One cannot win in Africa without conquering Nigeria,” Amegashie said in an e-mailed statement today. “With over 100 million people in Kenya, Uganda and Tanzania alone, we must have significant regional businesses in East, West and North Africa.”

To contact the editor responsible for this story: Nasreen Seria at nseria@bloomberg.net


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