• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, August 4, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

World Bank, AVATT to deploy vaccines to 400 million Africans

June 15, 2021
Stephen M.Cby Stephen M.C
in Africa
0
World Bank, AVAT to deploy vaccines to 400 million Africans

The World Bank and the African Union’s COVID-19 Africa Vaccine Acquisition Task Team (AVATT) have agreed to work together to deploy vaccines for 400 million Africans. This follows a meeting between the President of the World Bank, Mr David Malpass, with his team and the AVATT. They discussed the modalities for the partnership that will accelerate vaccine deployment to Africa. 

Consequently, the World Bank and the AVATT teams agreed to fast track all administrative procedures to ensure vaccines get into countries as early as possible. 

However, Member States will require additional efforts to support their deployment once the vaccines arrive.  This includes in-country distribution, securing the required systems, capacities and capabilities for vaccination.

RelatedPosts

Power Without End, Africa’s Quiet Constitutional Coups

New Wave Of Violence Displaces Thousands In Mozambique

Former Mali Prime Minister Faces Trial Over Post

It also includes targeted research and campaigns to identify and address vaccine hesitancy. Countries can achieve this through clear and targeted risk communication and community engagement. These activities will require a significant lift by countries. According to the AU, “the additional support is going to be critical”.   

Johnson and Johnson single-shot COVID-19 vaccine

Already AVATT had secured 400 million doses of the Johnson and Johnson single-shot COVID-19 vaccine. This was under a historic COVID-19 vaccine procurement agreement signed on March 28, 2021 with the support of the African Export-Import Bank (Afreximbank).

Meanwhile, the President of Afreximbank, Prof Benedict Oramah highlighted that vaccine procurements negotiations are not possible without financial backing. According to him, the provision of a US$2billion guarantee on behalf of the AU member states helped put “Africa in a strong negotiating position with producers as we negotiated vaccine procurement”.

Also, Dr. Nkengasong highlighted the importance of vaccination in the recovery of African economies.

 “The Johnson and Johnson doses are a critical step towards the continental goal of vaccinating at least 60 per cent of Africans. Reaching this target is a prerequisite to saving African lives and livelihoods, safely reopening our economies and resuming our economic development agenda”.

Dr John N Nkengasong, Director of the African Centres for Disease Control and Prevention (Africa CDC) and Member of the AVATT. 

 41 countries at different stages of procuring vaccines

Likewise, Mr. Masiyiwa, indicated that over 41 countries are at different stages of finalising their orders for purchasing the vaccine. According to him, vaccination momentum is growing with countries yearning quickly for sufficient doses in an affordable way.

As such, Mr Strive Masiyiwa, African Union Special Envoy and coordinator of the AVATT lauded the World Bank’s decision to partner with AVATT. He explained that the partnership is on the heels of the US announcement about dose sharing. This, he said, “means countries can be assured they can both access and finance the vaccines they need”.

Under the AVATT structure, AU Member States are allocated vaccines according to the size of their populations. Meanwhile, Member States purchase the vaccines through a pooled procurement mechanism.

These vaccines complement the vaccines offered through the COVAX Facility.  The COVAX Facility aims at delivering vaccines for up to 30% of participating countries’ populations. This will enable the AU Member States to reach the continental target.

In his capacity as Chair of the AU, President Cyril Ramaphosa of South Africa established the AVATT on November 6, 2020. The mandate is to ensure equitable access to COVID-19 vaccines for AU Member States. It also aims at providing the required financing.

READ ALSO: BOG educates public on Forex Bureaux

Tags: 400 million AfricansAfreximbankAVATTCOVAX facilityCOVID-19 VaccinesWorld Bank
Please login to join discussion
Previous Post

NITA calls for collaborative regulations for businesses

Next Post

Patrolling has helped reduce crime rate in A/R- ASP Ahianyo

[mc4wp_form id="1264"]

Related Posts

MIIF Partners Korle-Bu to Roll Out Free Medical Outreach in Mining Communities 
Extractives/Energy

MIIF Partners Korle-Bu to Roll Out Free Medical Outreach in Mining Communities 

August 4, 2025
Bright Simons on DSTV price cut saga
General News

Minister’s DSTV Order Lacks Policy Backing- Bright Simons 

August 4, 2025
India, The Philippines Stage Joint Naval Drills In South China Sea
Asia

India, The Philippines Stage Joint Naval Drills In South China Sea

August 4, 2025
Fixing the Farmgate to Protect Cocoa’s Future: Farmers Deserve Fairer Price
Opinions

Fixing the Farmgate to Protect Cocoa’s Future: Farmers Deserve Fairer Price

August 4, 2025
Ewoyaa Project: Atlantic Lithium Limited
Extractives/Energy

Atlantic Lithium Reports A$5.4M Cash Reserve as Ewoyaa Project Advances 

August 4, 2025
Power Without End, Africa’s Quiet Constitutional Coups
Africa

Power Without End, Africa’s Quiet Constitutional Coups

August 4, 2025
MIIF Partners Korle-Bu to Roll Out Free Medical Outreach in Mining Communities 
Extractives/Energy

MIIF Partners Korle-Bu to Roll Out Free Medical Outreach in Mining Communities 

by Prince AgyapongAugust 4, 2025
Bright Simons on DSTV price cut saga
General News

Minister’s DSTV Order Lacks Policy Backing- Bright Simons 

by Lilian AhedorAugust 4, 2025
India, The Philippines Stage Joint Naval Drills In South China Sea
Asia

India, The Philippines Stage Joint Naval Drills In South China Sea

by Comfort AmpomaaAugust 4, 2025
Fixing the Farmgate to Protect Cocoa’s Future: Farmers Deserve Fairer Price
Opinions

Fixing the Farmgate to Protect Cocoa’s Future: Farmers Deserve Fairer Price

by Stephen M.CAugust 4, 2025
Ewoyaa Project: Atlantic Lithium Limited
Extractives/Energy

Atlantic Lithium Reports A$5.4M Cash Reserve as Ewoyaa Project Advances 

by Prince AgyapongAugust 4, 2025
Power Without End, Africa’s Quiet Constitutional Coups
Africa

Power Without End, Africa’s Quiet Constitutional Coups

by Lawrence AnkutseAugust 4, 2025
MIIF Partners Korle-Bu to Roll Out Free Medical Outreach in Mining Communities 
Bright Simons on DSTV price cut saga
India, The Philippines Stage Joint Naval Drills In South China Sea
Fixing the Farmgate to Protect Cocoa’s Future: Farmers Deserve Fairer Price
Ewoyaa Project: Atlantic Lithium Limited
Power Without End, Africa’s Quiet Constitutional Coups
[/vc_row_inner]

Recent News

  • MIIF Partners Korle-Bu to Roll Out Free Medical Outreach in Mining Communities 
  • Minister’s DSTV Order Lacks Policy Backing- Bright Simons 
  • India, The Philippines Stage Joint Naval Drills In South China Sea
  • Fixing the Farmgate to Protect Cocoa’s Future: Farmers Deserve Fairer Price
  • Atlantic Lithium Reports A$5.4M Cash Reserve as Ewoyaa Project Advances 
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.