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
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...
A local bank pool will finance Camtel’s CFA52.2 billion network expansion. BEAC approved CFA31.3 billion in refinancing via its special facility. The...
President Goïta named Hilaire Bebian Diarra as mining activities commissioner. The new body will oversee mining code compliance and sector...
Tin production rose 7% in 2025 while EBITDA increased 25%. Output exceeded targets despite a temporary halt at the Bisie mine. Record tin prices...
Extractive revenues rose to CFA124.25 billion in 2023 from CFA19 billion a year earlier. The increase was driven mainly by CFA102.99 billion in...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...