The China Mail - Over $1 bn to be pledged for Africa vaccine sovereignty: France

USD -
AED 3.672501
AFN 64.999681
ALL 82.034985
AMD 361.533286
ANG 1.790365
AOA 917.999726
ARS 1520.093698
AUD 1.435956
AWG 1.8
AZN 1.701083
BAM 1.742904
BBD 2.010239
BDT 122.889097
BGN 1.683441
BHD 0.376508
BIF 3006.180073
BMD 1
BND 1.277987
BOB 11.979329
BRL 4.998499
BSD 0.99808
BTN 96.060705
BWP 13.768151
BYN 3.050737
BYR 19600
BZD 2.007298
CAD 1.426769
CDF 2320.000388
CHF 0.831498
CLF 0.024645
CLP 973.129925
CNY 6.704602
CNH 6.70464
COP 3209.6
CRC 457.334325
CUC 1
CUP 23.95391
CVE 98.260951
CZK 21.79835
DJF 177.729458
DKK 6.66459
DOP 59.97389
DZD 134.412988
EGP 52.388899
ERN 15
ETB 161.019506
EUR 0.89164
FJD 2.132504
FKP 0.755628
GBP 0.756565
GEL 2.595016
GGP 0.755628
GHS 11.731786
GIP 0.755628
GMD 74.00022
GNF 8780.426946
GTQ 7.629894
GYD 208.775002
HKD 7.84718
HNL 26.830137
HRK 6.717098
HTG 130.694957
HUF 327.429728
IDR 17902.65
ILS 3.053898
IMP 0.755628
INR 96.34315
IQD 1310
IRR 1798277.49797
ISK 122.159692
JEP 0.755628
JMD 158.35602
JOD 0.709031
JPY 157.938498
KES 129.739776
KGS 87.449457
KHR 4054.999849
KMF 439.00006
KPW 900.000318
KRW 1344.914992
KWD 0.309406
KYD 0.831703
KZT 456.630323
LAK 22470.000237
LBP 89377.046843
LKR 329.909861
LRD 170.67161
LSL 16.630433
LTL 2.95274
LVL 0.60489
LYD 6.417117
MAD 9.989499
MDL 17.930678
MGA 4450.000347
MKD 54.872343
MMK 2099.456706
MNT 3596.082114
MOP 8.06746
MRU 40.042597
MUR 47.550596
MVR 15.455
MWK 1742.000147
MXN 18.078596
MYR 4.085397
MZN 63.910284
NAD 16.630182
NGN 1323.180081
NIO 36.670141
NOK 9.59905
NPR 153.697127
NZD 1.78739
OMR 0.384503
PAB 0.998084
PEN 3.446499
PGK 4.486972
PHP 62.646497
PKR 276.949881
PLN 3.90752
PYG 5849.459299
QAR 3.6437
RON 4.763204
RSD 104.735042
RUB 84.826147
RWF 1474
SAR 3.74637
SBD 8.058541
SCR 14.059582
SDG 601.498534
SEK 10.041065
SGD 1.279865
SHP 0.75643
SLE 24.650252
SLL 20969.491881
SOS 571.497874
SRD 37.666011
STD 20697.981008
STN 21.833088
SVC 8.733196
SYP 13002.000254
SZL 16.630019
THB 33.710014
TJS 9.187233
TMT 3.51
TND 2.98236
TOP 2.40776
TRY 49.151401
TTD 6.765554
TWD 31.765898
TZS 2639.663973
UAH 44.981888
UGX 4011.887735
UYU 40.40404
UZS 11790.000168
VES 870.279502
VND 25993
VUV 119.46017
WST 2.788611
XAF 584.877538
XAG 0.016416
XAU 0.000241878038
XCD 2.70255
XCG 1.798771
XDR 0.707052
XOF 584.877538
XPF 106.649694
YER 236.249949
ZAR 16.65114
ZMK 9001.201745
ZMW 19.68712
ZWL 321.999592
SSP 5712.591527
MXV 2.044218
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Over $1 bn to be pledged for Africa vaccine sovereignty: France
Over $1 bn to be pledged for Africa vaccine sovereignty: France / Photo: © AFP/File

Over $1 bn to be pledged for Africa vaccine sovereignty: France

More than one billion dollars will be pledged towards ramping up vaccine production in Africa at a summit held in Paris later this week, France said on Monday.

Text size:

A "new mechanism to accelerate the financing of vaccine production on the African continent" will be launched during the summit on Thursday, which will be attended by several African leaders, together with the heads of the World Health Organization and the Gavi vaccine alliance, the French president's office said.

The amount committed by donors -- which include the European Commission, Canada, France, Italy, Japan, South Korea and the United States -- "will exceed a billion dollars", the presidential Elysee Palace said.

Around three quarters of this sum will come from Europe, it added.

The goal is to boost the ability of manufacturers in Africa to produce their own vaccines, giving the continent more sovereignty to address the many health crises it faces.

The money will also go towards setting up an African medicines agency similar to the European Medicines Agency, the French presidency said.

The Covid-19 pandemic shone a light on the unequal global distribution of vaccines.

The wealthy nations where most big pharmaceutical firms are based hoarded the majority of doses, while Africa was left well behind.

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

Several areas in Africa are currently enduring cholera outbreaks -- as well as shortages of vaccine doses.

"Specific announcements will be made during this forum to respond to this vaccine shortage," the French presidency said.

Malaria will also be discussed at the Global Forum for Vaccine Sovereignty and Innovation on Thursday, it added.

Gavi, one of the leaders behind the Covax global programme which distributed Covid jabs to poorer countries, is hoping donors at the summit provide funding for its vaccination projects from 2026 to 2030.

French President Emmanuel Macron will welcome several leaders of African nations including those of Botswana, Ghana, Rwanda and Senegal, the Elysee Palace said.

Macron will also meet African Union Commission chief Moussa Faki Mahamat to talk about "the crises that are still shaking the continent", particularly in Sudan and the African Great Lakes region, it added.

German Chancellor Olaf Scholz is expected to speak at the summit via videoconference.

K.Lam--ThChM