World Bank approves $12bln funding to allow developing nations to secure Covid-19 vaccines

Health
Friday, 16 October 2020 15:49
World Bank approves $12bln funding to allow developing nations to secure Covid-19 vaccines

(Togo First) - Last Tuesday, the World Bank approved a $12 billion aid plan to enable developing countries to purchase and distribute potential COVID-19 vaccines. 

In effect, the money should be used by the countries to “finance the purchase and distribution of Covid-19 vaccines, tests, and treatments for their citizens.” 

According to David Malpass, who heads the institution, this is the technical support that should allow beneficiaries to distribute “safe and efficient” vaccines on a large scale. 

While the funds will undoubtedly be helpful to many countries, some observers question their pertinence in sub-Saharan Africa given that the pandemic’s impact in this region is minimal compared to others. Africa is indeed the least affected by the virus so far.  

It should be highlighted that vaccines should, according to WHO, not be available on a large scale before mid-2021. At the moment, only one vaccine (Russia’s Sputnik V) has been officially approved and seven others are in the last phase of testing.

Ayi Renaud Dossavi

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