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Frustrated, now Africa proposes that vaccines be produced locally

Frustrated, now Africa proposes that vaccines be produced locally
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J&J, Covax May See Africa, Caribbean Meet 60% Vaccine Target

J&J, Covax May See Africa, Caribbean Meet 60% Vaccine Target Jul 07 2021, 4:10 PM July 06 2021, 8:40 PM July 07 2021, 4:10 PM (Bloomberg) If Johnson & Johnson and the Covax Covid-19 vaccine-sharing initiative meet their commitments then Africa and Caribbean nations may meet a target of inoculating about 800 million people, the head of the African Union’s vaccine acquisition drive said. (Bloomberg) If Johnson & Johnson and the Covax Covid-19 vaccine-sharing initiative meet their commitments then Africa and Caribbean nations may meet a target of inoculating about 800 million people, the head of the African Union’s vaccine acquisition drive said. Caricom, a grouping of 15 Caribbean nations, has been given access to the Africa Vaccine Acquisition Task Team, which was set up by the African Union to buy Covid-19 inoculations.

World Bank boosts COVID-19 vaccine funding for developing countries to $20 B

Published July 2, 2021, 6:00 AM WASHINGTON (AFP) – The World Bank announced Wednesday it has increased its Covid-19 vaccine fund for developing countries by $8 billion to $20 billion. In addition, the bank’s private financing arm secured a 600 million euro ($710 million) package for a South African vaccine manufacturer to ramp up production, the institution announced. ”Together the actions announced today on vaccine production, deployment and financing will save lives, boost economic recovery and help ensure the people in the developing countries have a chance to prosper,” World Bank Group President David Malpass told reporters. The $20 billion is available through 2022 to finance vaccine distribution as well as cold chains and training health workers, the bank said in a statement.

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