World Bank to partner with African Union in securing more coronavirus vaccines
Addis Ababa, Ethiopia (PANA) - World Bank President David Malpass and senior managers, including Axel van Trotsenburg and Makhtar Diop, met with the African Union’s COVID-19 Vaccine Acquisition Task Team (AVATT) to discuss a partnership to accelerate vaccine deployment to Africa, the UN Economic Commission for Africa said on Tuesday.
In a historic COVID-19 vaccine procurement agreement signed on 28 March 2021, the AVATT had previously successfully secured up to 400 million doses of the Johnson and Johnson single-shot COVID-19 vaccine with the support of the African Export-Import Bank (Afreximbank).
“In providing a US$2 billion guarantee on behalf of the African Union member states, we were able to help put Africa in a strong negotiating position with producers as we negotiated vaccine procurement. It was obvious to us at AVATT that no deal will have been possible without a strong financial backing“ the President of Afreximbank, Prof. Benedict Oramah said.
“The Johnson and Johnson doses are a critical step towards the continental goal of vaccinating at least 60 percent of Africans. Reaching this target is a prerequisite to saving African lives and livelihoods, safely reopening our economies and resuming our economic development agenda,” said Dr John Nkengasong, Director of the African Centres for Disease Control and Prevention (Africa CDC) and Member of the AVATT.
With over 41 countries at different stages of finalising their orders for purchasing the vaccine and with vaccination momentum growing, it is essential that countries feel they can get sufficient doses quickly and in an affordable way.
The World Bank’s decision to partner with AVATT on the heels of the US announcement about dose sharing means countries can be assured they can both access and finance the vaccines they need, “ said Strive Masiyiwa, African Union Special Envoy and coordinator of the AVATT.
Under the AVATT structure, AU Member States are allocated vaccines according to the size of their populations for purchase through a pooled procurement mechanism. These vaccines complement the vaccines offered through the COVAX Facility, which has set out to deliver vaccines for up to 30 percent of participating countries’ populations, to enable the AU Member States to reach the continental target.
President Cyril Ramaphosa of South Africa, in his capacity as Chair of the African Union, established the AVATT on 6 November 2020 and mandated it to ensure equitable access to COVID-19 vaccines for AU Member States and provide the required financing.
The World Bank team and the AVATT team agreed to fast-track all administrative procedures in order to ensure vaccines get into countries as early as possible.
Once the vaccines arrive in the Member States, additional efforts will be required to support their deployment. This includes in-country distribution (logistics and storage in line with the cold-chain requirements), securing the required systems, capacities and capabilities for vaccination. It also includes targeted research and campaigns to identify and address vaccine hesitancy through clear and targeted risk communication and community engagement. These activities will require a significant lift by countries; the additional support is going to be critical.
Vera Songwe, UN Economic Commission for Africa (ECA) Executive Secretary, recalled that the pandemic served to expose vulnerabilities already existing in Africa’s health systems which were well documented in the ECA’s Health and Economic Growth in Africa (HEGA) report in 2019.
The African Continental Free Trade Area (AfCFTA) now provides the platform for building a resilient and inclusive health system, with local production of vaccines, medicines and medical equipment on the continent, Songwe said.
-0- PANA AO/AR 15June2021
