Global Leaders Pledge $1.2 Billion for African Vaccine Production

New initiative aims to boost vaccine manufacturing in Africa, addressing inequalities exposed by COVID-19.

The African Vaccine Manufacturing Accelerator will support regional vaccine production across Africa.
European nations are the primary contributors, with Germany pledging $318 million.
The initiative seeks to reduce Africa's dependency on imported vaccines, which currently stands at 99%.
Gavi aims to raise an additional $9 billion to sustain its vaccine distribution programs.
The project includes plans for a cholera vaccine production chain in Africa by Biovac.