Finland will invest €3 million (about R41.2 million) and South Africa R9 million in the Southern African Network for Biosciences (SANBio), the Department of Science and Technology said yesterday. 

SANBio was established in 2004 as part of the New Partnership for Africa’s Development (Nepad) African Biosciences Initiative, which aims to build a regional biosciences research network, with its hub hosted by the Council for Scientific and Industrial Research (CSIR) in Pretoria.

For the full statement go here.