The African Union guarantees the provision of 270 million doses of Corona vaccines

South African President Cyril Ramaphosa announced that the African Union has agreed with the makers of Coronavirus vaccines to supply 270 million doses of vaccines this year through the international “Kovacs” mechanism.

Ramaphosa, who heads the African Union, indicated that the vaccines will be supplied by the American “Pfizer” companies, the British-Swedish “AstraZeneca”, the American “Johnson & Johnson” and the Indian “Serum” Institute.

He stressed that 270 million doses of vaccines will be provided this year, and at least 50 million doses of them will be provided during the period between April and next June.

Speaking about the financing, Ramaphosa said that things were arranged with the support of the African Import and Export Bank, which will provide guarantees of two billion dollars to the makers.

He added that there is also coordination with the World Bank to ensure that the member states of the African Union reach the sum of about 5 billion dollars or buy vaccines through guarantees of the African Bank for import and export.

Reuters data indicates that the number of people infected with the Coronavirus in Africa has reached at least 3.1 million, and the death toll is about 74,600 people since the start of the epidemic.

Source: Reuters

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