QCI: Local production can help to tackle malaria – FT.comPosted: June 11, 2013
“We believe in the concept of shared values,” Mr Katongole says. “We should be able to give a decent return to our shareholders but at the same time address the social issues that affect the community.”He is looking to extend the company’s reach by setting up bilateral agreements with neighbouring countries in east Africa, starting with Kenya, Rwanda, Tanzania, Burundi and South Sudan. “Aids and malaria are not just a Ugandan affair,” he says. “We want to get to the rest of Africa.”To this end, QCI is preparing to build a second $55m office in Uganda, funded through a mixture of equity and debt. This will enable the company to treble its production to 18m pills per day.