Russia says it will give 25 million doses of its Covid-19 vaccine -Sputnik V- to Egypt. The news was reported today September 30 by the Russian Sovereign Fund (RDIF) in a statement.
Pharco, a major pharmaceutical group in Egypt, will be in charge of managing the doses once the distribution is authorized. The operation is expected to benefit about 25% of the country’s population.
Russian President Vladimir Putin touted the effectiveness of this solution against the coronavirus pandemic. In August, Russian authorities approved the distribution of the remedy within the country after conducting small-scale tests on humans. Recently, the vaccine has entered the final phase of clinical trials, which will confirm its efficacy in at least 40,000 people.
The new agreement between RDIF and Pharco comes at a time of diplomatic and economic rapprochement between the two countries. According to Moscow, other countries neighboring Egypt will also benefit from Sputnik V. On August 11, Vladimir Putin revealed that 20 countries have already pre-ordered more than a billion doses.
As a reminder, to date, Egypt has 103,079 cases of covid-19 with 5,914 deaths and 96,094 recoveries.
Moutiou Adjibi Nourou
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...
Rwanda ranks first in Africa in the World Bank’s Business Ready 2025 with a score of 67.94. Benin and Senegal enter Africa’s Top 10 for the first time...
Acumen closed a $250 million blended-finance raise for off-grid electricity in sub-Saharan Africa. The H2R Amplify debt fund reached $180...
Ivory Coast expects a new government after the prime minister and cabinet resigned following December 27 legislative elections. The ruling RHDP won...
West African Resources produced 205,228 ounces of gold at Sanbrado in 2025, within its guidance range. Total Burkina Faso output from Sanbrado and...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...