ADVERTISEMENT
Africanian
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
No Result
View All Result
Home Business

Green light for billion-dollar African vaccine fund

This landmark decision signals strong global support for the continent's efforts to produce more vaccines independently, reducing its dependence on external sources

in Business, News
Reading Time: 2 mins read
0 0
0
Green light for billion-dollar African vaccine fund
0
SHARES
Share on FacebookShare on TwitterShare via Whatsapp

In a monumental move, the Global Vaccine Alliance (Gavi) has given the nod to a $1 billion (£800 million) fund aimed at ramping up vaccine manufacturing in Africa.

Read More: New treaty signed to send asylum seekers in the UK to Rwanda

This landmark decision signals strong global support for the continent’s efforts to produce more vaccines independently, reducing its dependence on external sources.

Africa, facing challenges during the peak of the Covid-19 pandemic due to limited access to life-saving doses, currently manufactures less than 1% of its vaccine requirements. The approved fund is a pivotal step towards achieving the Africa Centres for Disease Control and Prevention’s ambitious goal of producing 30% of all vaccine doses within the continent by the end of the decade.

The funding is set to facilitate the establishment and expansion of vaccine manufacturing facilities across Africa, empowering local pharmaceutical companies and research institutions. This move aligns with broader objectives of promoting vaccine equity and self-sufficiency in Africa’s healthcare infrastructure.

More

Equatorial Guinea: United Nations team Resident Coordinator visits Dreams Hub

OIF and Dreams Hub open new green opportunities for youth and women in Equatorial Guinea

Somalia: the female revolution building cities

With an eye on innovation and technology transfer, the $1 billion fund is expected to nurture local capabilities, positioning Africa to respond effectively to future health crises. By investing in vaccine production, Gavi aims to ensure timely access to vaccines for the continent, contributing to improved public health outcomes.

Read More: Water Filtration Initiative Transforms Lives in Athi River, Kenya

This significant financial commitment from Gavi underscores global recognition of the need to strengthen Africa’s healthcare systems. As the world grapples with ongoing and emerging health threats, this funding marks a crucial step toward bolstering Africa’s capacity to safeguard its population through enhanced vaccine production and distribution.

Africanian

Africanian

  • Trending
  • Comments
  • Latest
Weather in Morocco: Climate, Seasons and Average Temperature

Weather in Morocco: Climate, Seasons and Average Temperature

August 25, 2020
Weather in South Africa: Climate and Seasons

Weather in South Africa: Climate and Seasons

August 25, 2020
Weather in Kenya: Climate, Seasons, and Average Temperature

Weather in Kenya: Climate, Seasons and Average Temperature

August 26, 2020
Equatorial Guinea: United Nations team Resident Coordinator visits Dreams Hub

Equatorial Guinea: United Nations team Resident Coordinator visits Dreams Hub

June 16, 2025
OIF and Dreams Hub open new green opportunities for youth and women in Equatorial Guinea

OIF and Dreams Hub open new green opportunities for youth and women in Equatorial Guinea

June 16, 2025
Somalia: the female revolution building cities

Somalia: the female revolution building cities

June 14, 2025
Twitter Instagram Youtube Facebook
No Result
View All Result

Africanian News

Is a dedicated project aimed at amplifying the voices of the African Ecosystem and Diaspora. We actively collaborate with initiatives to improve access to education and digital inclusion, both in traditional schools and through digital platforms, for African children.

It’s crucial to emphasize that none of the articles or images featured on our platform are intended for copyright infringement, neither now nor in the future. If you believe that any information, text, image, etc., may be subject to copyright and should be removed, please notify us by sending an email to [email protected]

Your dreams matter; your stories matter.

Feel free to explore collaboration opportunities with us. Share your articles, thoughts, interviews, experiments, or no-comment videos by reaching out to [email protected]. You can also subscribe to our mailing list to receive the latest updates from Africanian News.

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

No Result
View All Result
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Entertainment
  • Tech
  • Travel
  • World

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.