Global Partners Unite to Drive Vaccine Sovereignty in Africa
A $45 million financing package from the US International Development Finance Corporation (DFC), the African Development Bank (AfDB) and the International Finance Corporation (IFC) aims to strengthen vaccine production in Africa. The investment supports VaxSen, a subsidiary of the Institut Pasteur (IPD) in Dakar, Senegal. The aim is to strengthen local vaccine production by expanding production capacity at IPD’s Madiba factory. Among other things, the investment will increase vaccine production capacity, support local supply chains, and establish a vaccine distribution system. The goal of this investment is consistent with the African Union’s “Vision 2040”, which is to produce 60% of vaccines locally in Africa and reduce dependence on imports. In addition to improving public health, the initiative is expected to create jobs, boost economic growth and address critical gaps in the vaccine supply chain.
source: Namiris
