Public Management

Biotechnology company Moderna to supply 110mln doses of Covid-19 vaccine to the AU

Biotechnology company Moderna to supply 110mln doses of Covid-19 vaccine to the AU
Thursday, 28 October 2021 17:41

The African Union (AU) announced it will purchase 110 million doses of covid-19 vaccine from the pharmaceutical company Moderna at the "lowest tiered price". The institution reached a deal to redirect doses initially destined for the U.S. to Africa.

"This is important as it allows us to increase the number of vaccines available immediately. We urge other vaccine-producing countries to follow the lead of the US [government] and give us similar access to buy this and other vaccines." Strive Masiyiwa, the AU coronavirus envoy, said. While 15 million doses will be delivered by the end of the year, 35 million doses will come in the first quarter of 2022, and up to 60 million doses in the second quarter.

For fair access to vaccines

The World Health Organization (WHO) pointed out, during the annual meeting of African health ministers in August, the "shocking inequalities" in accessing vaccines, particularly for Africa. Masiyiwa said the AU was only able to secure the doses with Moderna after South African President Cyril Ramaphosa and Kenyan President Uhuru Kenyatta asked U.S. President Joe Biden to reschedule a new vaccine purchase by the U.S. to allow African countries to obtain vaccines. 

The U.S. delaying its acquisition of 33 million doses will bring Africa one step closer to reaching the herd immunity goal. "We are grateful to have helped negotiate this encouraging step forward between Moderna and the African Union that will significantly expand access to vaccines on the continent in the near-term," said Natalie Quillian, White House's deputy coordinator for Covid-19 response.

Moderna, for its part, wants to support the continent through the COVAX program, which aims to ensure fair access to vaccines at a relatively low price. The pharmaceutical company also expressed its ambition to set up a vaccine manufacturing plant in Africa. Hailing the initiative, the AU said the implementation of this plan would weigh a lot in the decision to purchase 60 million additional doses in the second quarter of 2022.

As a reminder, AU already signed an agreement with the pharmaceutical firm Johnson & Johnson last March for 400 million doses of vaccines. The institution plans to vaccinate 900 million people, or 70% of the continent's population, by September 2022.

Dorcas Loba (intern)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
After several delays, the Association of African Petroleum Producers (APPO) has set a new deadline to make the African Energy Bank operational. A summit...
Deal would cut debt, fund Congo Basin forest conservation Talks ongoing with European partners; timeline not yet set After raising $670...
MTN Nigeria, Ericsson test triple-band MIMO, boost 4G speeds Trial shows 3.2x download, 4x upload speed improvement Technology streamlines 4G, readies...
The issuance confirms the renewed attractiveness of Abuja's economy to investors, despite geopolitical tensions and the naira's volatility. This market...
Most Read
01

The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...

World Bank sees precious metal prices staying high until 2027
02

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
03

Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...

Tunisia to Build First Fully Digital Hospital in National Health Overhaul
04

Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...

Lukoil Agrees to Sell International Assets, African Included, to Swiss Commodities Trader Gunvor
05

With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...

With Costs High, IRENA Urges Global Pact to Quadruple Sustainable Fuel Production
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.