Barbados has signed a partnership agreement with Nigeria to advance local pharmaceutical production, strengthen regulatory cooperation, and expand regional market access across the Caribbean, Latin America, as well as the Economic Community of West African States (ECOWAS).
The Memorandum of Understanding (MOU) was signed between Barbados Pharmaceuticals Inc. (BPI) and Nigeria’s Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC), establishing a comprehensive framework for collaboration in four areas, namely industrial capacity and human capital development, market access and market shaping, clinical trials cooperation and regulatory, financing, and policy alignment
A government statement said that the agreement signed in Nigeria, follows months of high-level engagements, including ministerial discussions held between Barbados’ Minister of Health, Dr. Jerome Walcott, and Nigeria’s Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate.
It said that the accord builds on ongoing work with AMA Medical Manufacturing, a leading Nigerian biopharmaceutical company exploring the establishment of a manufacturing facility in Barbados.
Walcott welcomed the partnership, noting that it aligns with the vision articulated by Prime Minister Mia Mottley, who has repeatedly called for a transatlantic pharmaceutical bridge across Africa, the Caribbean, and Latin America.
“This MOU represents a decisive step in strengthening health sovereignty for both regions. Barbados sees Nigeria as a strategic partner in advancing industrial capability, technology transfer, and shared health security across the Global South,” Walcott said.
Pate emphasised Nigeria’s commitment to expanding local production under President Bola Ahmed Tinubu’s Executive Order aimed at achieving 70 per cent domestic production of essential medicines and medical devices by 2030.
“This partnership opens new pathways for investment, innovation, and regional integration. Nigeria is pleased to join hands with Barbados to shape a future where our nations produce the medicines our populations depend on,” said Professor Pate.
Under the MOU, there will be the development of a Barbados–Nigeria pharmaceutical skills pathway, including sterile manufacturing, and regulatory training as well as reciprocal market entry into CARICOM/LATAM for Nigerian producers and ECOWAS for Barbados-based manufacturers.
The partnership also advances ongoing discussions with AMA Medical Manufacturing, which is assessing the establishment of a biomedical and IV fluid manufacturing facility in Barbados, creating the first Africa–Caribbean pharmaceutical production corridor.
BRIDGETOWN, Barbados, Nov 27, CMC
CMC/ag/ir/2025
