Berliner Boersenzeitung - New $1.2 bn plan to boost African vaccine production launched

EUR -
AED 4.212777
AFN 72.835586
ALL 94.512843
AMD 422.248264
ANG 2.053494
AOA 1052.895931
ARS 1680.790338
AUD 1.635257
AWG 2.067368
AZN 1.95436
BAM 1.956354
BBD 2.309354
BDT 140.73988
BGN 1.939347
BHD 0.432422
BIF 3423.630825
BMD 1.146945
BND 1.480319
BOB 7.92328
BRL 5.90941
BSD 1.146625
BTN 108.087801
BWP 15.582008
BYN 3.185903
BYR 22480.122
BZD 2.305963
CAD 1.623185
CDF 2615.035015
CHF 0.925648
CLF 0.026299
CLP 1035.072439
CNY 7.764364
CNH 7.780559
COP 3960.034063
CRC 520.14739
CUC 1.146945
CUP 30.394043
CVE 110.569964
CZK 24.190336
DJF 203.835517
DKK 7.474072
DOP 66.986043
DZD 152.939427
EGP 57.331754
ERN 17.204175
ETB 181.647461
FJD 2.564
FKP 0.866759
GBP 0.866531
GEL 3.039852
GGP 0.866759
GHS 12.874504
GIP 0.866759
GMD 84.304874
GNF 10064.442782
GTQ 8.746478
GYD 239.84901
HKD 8.988436
HNL 30.606273
HRK 7.533248
HTG 149.77244
HUF 351.906109
IDR 20445.785654
ILS 3.394682
IMP 0.866759
INR 108.1919
IQD 1502.49795
IRR 1577049.375404
ISK 143.976448
JEP 0.866759
JMD 181.171337
JOD 0.813229
JPY 185.008009
KES 148.419043
KGS 100.300781
KHR 4599.249852
KMF 492.617229
KPW 1032.250901
KRW 1752.130969
KWD 0.353179
KYD 0.955446
KZT 559.543917
LAK 25295.872375
LBP 102708.92515
LKR 382.668433
LRD 208.916469
LSL 18.815678
LTL 3.386631
LVL 0.693776
LYD 7.311819
MAD 10.580612
MDL 20.248208
MGA 4817.169398
MKD 61.628611
MMK 2407.987936
MNT 4106.547494
MOP 9.256923
MRU 45.947051
MUR 54.881752
MVR 17.720734
MWK 1992.243861
MXN 19.872546
MYR 4.745948
MZN 73.301688
NAD 18.814173
NGN 1560.350288
NIO 41.990088
NOK 11.102658
NPR 172.945006
NZD 1.997675
OMR 0.441554
PAB 1.14663
PEN 3.881306
PGK 5.032508
PHP 69.638491
PKR 319.223511
PLN 4.259467
PYG 7041.056554
QAR 4.175458
RON 5.239364
RSD 117.183799
RUB 83.845404
RWF 1679.12748
SAR 4.299026
SBD 9.24601
SCR 15.693948
SDG 688.744688
SEK 10.986379
SGD 1.482316
SHP 0.85631
SLE 28.387314
SLL 24050.86738
SOS 655.483268
SRD 42.898615
STD 23739.445827
STN 24.544623
SVC 10.032843
SYP 126.774237
SZL 18.814083
THB 37.723444
TJS 10.63456
TMT 4.014308
TND 3.339618
TOP 2.761569
TRY 53.26206
TTD 7.775237
TWD 36.375404
TZS 3017.595134
UAH 51.508996
UGX 4173.182519
USD 1.146945
UYU 45.84299
UZS 13769.075108
VES 695.774297
VND 30176.12295
VUV 135.491976
WST 3.156157
XAF 656.142926
XAG 0.017685
XAU 0.000276
XCD 3.099677
XCG 2.066386
XDR 0.807102
XOF 648.024305
XPF 119.331742
YER 273.665193
ZAR 18.876464
ZMK 10323.847966
ZMW 20.552914
ZWL 369.315822
  • CMSC

    0.0500

    22.37

    +0.22%

  • NGG

    -1.2400

    79.44

    -1.56%

  • BCC

    3.8500

    74.66

    +5.16%

  • RBGPF

    -0.5300

    60.61

    -0.87%

  • RYCEF

    -0.0300

    18.4

    -0.16%

  • RIO

    -2.5900

    100.08

    -2.59%

  • BP

    -1.0400

    39.1

    -2.66%

  • BCE

    0.0000

    23.28

    0%

  • BTI

    -0.5800

    58.91

    -0.98%

  • GSK

    -1.4800

    50.67

    -2.92%

  • JRI

    0.0500

    12.67

    +0.39%

  • CMSD

    0.0000

    22.29

    0%

  • RELX

    -0.8300

    31.18

    -2.66%

  • VOD

    -0.2300

    14.3

    -1.61%

  • AZN

    -2.9600

    174.93

    -1.69%

New $1.2 bn plan to boost African vaccine production launched
New $1.2 bn plan to boost African vaccine production launched / Photo: Simon MAINA - AFP/File

New $1.2 bn plan to boost African vaccine production launched

A new $1.2 billion programme to massively boost vaccine production in Africa was launched on Thursday, aiming to give the continent more sovereignty to fight numerous diseases including a cholera resurgence.

Text size:

The announcement made at a Paris summit aimed in part to begin to address the huge gap in access to vaccines between wealthy and poorer countries seen during the Covid-19 pandemic.

The Gavi vaccine alliance, which facilitates the distribution of doses to poorer countries, also announced at the summit that it is seeking $9 billion to fund its programmes from 2026-2030.

French President Emmanuel Macron told the summit that the new African Vaccine Manufacturing Accelerator (AVMA) "will be an essential step towards a genuine African vaccine market."

Three quarters of its funding will come from Europe, Macron told the summit, which was also attended by leaders from Botswana, Rwanda, Senegal, Ghana.

Germany will contribute $318 million to the scheme, German Chancellor Olaf Scholz said in a video message.

France put in $100 million and the UK $60 million, while other donors include the United States, Canada, Norway, Japan and the Gates Foundation.

The new programme "could become a catalyst for promoting the pharmaceutical industry in Africa and fostering collaboration between member states", African Union commission Moussa Faki Mahamat told the summit.

Africa imports "99 percent of its vaccines at an exorbitant cost", he added. The African Union has set the goal of the continent producing 60 percent of its own vaccines by 2040.

- Cholera jabs -

The Covid-19 pandemic shone a light on global vaccine inequity, as wealthy countries home to big pharma firms snapped up most doses, leaving Africa far behind.

Switzerland, for example, destroyed more Covid vaccine doses than it ever administered.

"When the next pandemic hits, even if our leaders in the rich Western countries are angels, the pressure to hold on to your own vaccines, for your own people, is always going to be irresistible," British Foreign Secretary David Cameron told the summit.

Many parts of Africa have recently seen deadly outbreaks of cholera, which has highlighted the need for more local vaccine producers. Only one firm in the world -- South Korea's EuBiologics -- makes the cheap and effective oral vaccine doses for the deadly disease.

Macron called for cholera to be "consigned to the past", adding that outbreaks were now affecting "half of Africa".

He announced 10 billion euros towards a production chain for cholera vaccines to be launched in Africa by the South African biopharmaceutical firm Biovac, supported by the new vaccine accelerator.

Thanks to the new money, "we are sure that within two years, Africa will be producing the cholera vaccine," said Jean Kaseya, head of the Africa Centres for Disease Control and Prevention.

The scheme will also build stockpiles of vaccines for cholera, yellow fever, ebola and other diseases to avoid future shortages.

Building the ability to manufacturer more vaccine doses is also hoped to help African nations not be left out if new pathogens that pose a pandemic threat emerge.

- $9 billion sought -

The Gavi vaccine alliance, which helps distribute jabs for more than 20 different diseases to poorer countries, also began its funding drive at Thursday's Global Forum for Vaccine Sovereignty and Innovation.

It has already raised $2.4 billion towards its $9 billion five-year goal, Gavi CEO Sania Nishtar said.

More than half of that amount came from the US, which chipped in $1.58 billion, first lady Jill Biden said in a video message.

"A child born today has a better chance of celebrating his or her fifth birthday than ever before in history," he said.

(L.Kaufmann--BBZ)