Tuesday, March 31, 2026
26.9 C
Lagos

World Bank: Africa Can’t Meet 10% COVID-19 Vaccination Target by Sept

At its third meeting, the Multilateral Leaders Taskforce on COVID-19 (MLT) – the heads of the International Monetary Fund, World Bank Group, World Health Organisation and World Trade Organisation -met with the leaders of the African Vaccine Acquisition Trust (AVAT), Africa CDC, Gavi and UNICEF to tackle obstacles to rapidly scale-up vaccines in low- and lower middle-income countries, particularly in Africa, and issued the following statement:

“The global rollout of COVID-19 vaccines is progressing at two alarmingly different speeds. Less than 2% of adults are fully vaccinated in most low-income countries compared to almost 50% in high‑income countries.

These countries, the majority of which are in Africa, simply cannot access sufficient vaccine to meet even the global goals of 10% coverage in all countries by September and 40% by end 2021, let alone the African Union’s goal of 70% in 2022.

This crisis of vaccine inequity is driving a dangerous divergence in COVID-19 survival rates and in the global economy. We appreciate the important work of AVAT and COVAX to try and address this unacceptable situation.

However, effectively tackling this acute vaccine supply shortage in low- and lower middle-income countries, and fully enabling AVAT and COVAX, requires the urgent cooperation of vaccine manufacturers, vaccine-producing countries, and countries that have already achieved high vaccination rates. To ensure all countries achieve the global goals of at least 10% coverage by September and 40% by end-2021:

We call on countries that have contracted high volumes of vaccines to swap near-term delivery schedules with COVAX and AVAT.

We call on vaccine manufacturers to immediately prioritise and fulfill their contracts to COVAX and AVAT, and to provide regular, clear supply forecasts.

We urge G7 and all dose-sharing countries to fulfill their pledges urgently, with enhanced pipeline visibility, product shelf life and support for ancillary supplies, as barely 10% of nearly 900 million committed doses have so far been shipped.

We call on all countries to eliminate export restrictions and any other trade barriers on COVID-19 vaccines and the inputs involved in their production.

We are in parallel intensifying our work with COVAX and AVAT to tackle persistent vaccine delivery, manufacturing and trade issues, notably in Africa, and mobilise grants and concessional financing for these purposes.

We will also explore financing mechanisms to cover future vaccine needs as requested by AVAT. We will advocate for better supply forecasts and investments to increase country preparedness and absorptive capacity. And we will continue to enhance our data, to identify gaps and improve transparency in the supply and use of all COVID-19 tools.

The time for action is now. The course of the pandemic—and the health of the world—are at stake.

 

 

spot_img
spot_img
spot_img

Hot this week

Railway Infrastructure is One of the Solutions to Africa’s Trade Expansion

By Caroline Trefault Intermodal Africa Manager at MSC As Africa’s...

APC Chairman, Nentawe Yilwatda, Hails President Tinubu at 74

Professor Nentawe Yilwatda, National Chairman, All Progressives Congress (APC),...

NCC Directs Telecom Operators to Compensate Subscribers for Poor Network Service

The Nigerian Communications Commission (NCC) has directed Mobile Network...

BudgIT Demands Accountability over N129.5bn Disbursed on 2023 Census Without Result

Nigeria's last credible population census was conducted in 2006....

Topics

9mobile Names Dorothy Tunde-Ajala as Chief HR Officer

In a move that strengthens its senior leadership team...

Buhari: ‘Oil Prices Totally Unacceptable’

President Muhammadu Buhari says the current prices of oil...

CIIN Cyber Insurance Training Program Prepares Insurers for Market Challenges

Cross section of Delegates with Council Members at the...

Unity Bank Unveils Enhanced Unifi Mobile App to Deepen Digital Banking Experience

Nigeria’s retail lender, Unity Bank Plc, has launched an...

Stanbic IBTC Asset Mgt Clinches Top Honour at Global Banking & Finance Awards

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC...

Fidelity Bank Honours Afreximbank President, Benedict Oramah, in Lagos

L -R: Minister of Industry, Trade and Investment, Dr....

ITU Telecom World 2015 Opens for Business

Doors opened in Budapest for ITU Telecom World 2015, the global ICT innovation event for SMEs, corporates and governments. The event kicked off with a spectacular Opening Ceremony, in the presence of H.E Viktor Orbán, Prime Minister of Hungary, ITU Secretary-General, Houlin Zhao, and a host of other distinguished high-level participants spanning government, industry and representatives of many global SMEs and start-ups.
spot_img

Related Articles

Popular Categories

spot_imgspot_img