Browsing: Vaccines

On Thursday, May 13, the Africa Centers for Disease Control and Prevention (Africa CDC) disclosed that African countries had acquired 38.03 million Covid-19 vaccines thus far. 

For a continent with close to 1.5 billion people, the acquisition is at snail’s pace, sporadic and at best remains a lengthy process that may never be completed to successfully cover every African citizen in need of the vaccine. 

Out of the 38 million doses, 22.4 million doses had been administered corresponding to a coverage rate of 1.48 per cent of the continent. Only five out of the 55 African nations had admin...

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African leaders assembled at a global meeting to discuss the status of local pharmaceutical manufacturing on the continent, underscored the need to increase local production of vaccines and therapeutics to achieve greater public-health security.

“The production of vaccines and access to vaccines is an absolute priority,” Cyril Ramaphosa, President of South Africa, said Monday in opening remarks at the start of the two-day virtual meeting, convened by the African Union.

The meeting was attended by several African heads of state, health, finance, and trade ministers from across the continent, as well as officials from global financial institutions, foundations, pharmaceutical manufacturers, business leaders, and the general public. The African Development Bank was represented by Solomon Quaynor, Vice President Private Sector, Infrastructure, and Industrialization.

Although Africa consumes approximately one-quarter of global vaccines by volume, it manufactures less than 1% of its routine vaccines, with almost no outbreak vaccine manufacturing in place. The

The positivity around the Covid-19 vaccine especially towards the East African economic rebound is a breath of fresh air. The Kenyan government reopened schools in January 2021 whereas the Ugandan government has proposed different dates for opening school to different classes. This will increase consumption along the value chain, because the education sector has many supporting sectors such as transport, retail trade and financial services. 

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We have seen the Bank of Uganda extending treasury bonds worth $131.72 million that were due to mature on January 6th 2021 and wil...

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