Countries that have ordered more Covid-19 vaccines than they need should consider distributing excess doses to Africa, the head of the continent’s disease control body said on Thursday. As African countries begin to feel the effects of a second wave of the coronavirus pandemic, John Nkengasong, director of the Africa Centres for Disease Control and Prevention (CDC), said it was unlikely to secure enough vaccine shots. Many African states are relying on Covax, a global Covid-19 vaccine allocation plan co-led by the World Health Organisation (WHO), which is working to lower prices and discourage hoarding. The African Union-owned CDC organisation is working with the Afreximbank and the World Bank to figure out how to raise funds for the procurement of the vaccines needed for the continent. In October, Nkengasong said Afreximbank was ready to raise up to $5bn to purchase Covid-19 vaccines.
SOURCE: BUSINESS DAY LIVE
More Stories
Economic Perks of Growing Cycling Culture in North Africa
The Bank of Uganda Lowers Limits on the Value of Cheque Payments to Promote e-payments
Four Industrial Policy Regimes that have Shaped Africa
Ex Standard Bank Leader Cleared in Mozambique Price Fixing
Zanzibar and Pemba are about to Become a Test Site for a Mobile Internet Network
East Africa’s Mineral Deposits at the Centre of Future-facing Commodities
A Scramble for Controlling Interest in Nigeria’s Oldest Bank
Top Risks Facing South Africa
New Scheme to Save Zimbabwe’s Botched Land Reform
The First Floating LNG Facility is Deployed in the Deep Waters of the African Continent
The EU Lifts Air Travel Bans on Southern African States
Senegal’s Illustrious Portfolio of Architecture