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AFRICA: $12 billion in funding for Covid-19 vaccination


It’s time for the vaccine race. The virulence of the second wave of contamination and the new variant of the coronavirus are prompting African countries to look for resources to ensure a successful global vaccination campaign. For example, the World Bank has decided to finance up to $12 billion in vaccines against Vid-19, which should allow the African continent to receive approximately 670 million doses. This is the announcement made by the South African Presidency on Saturday, 30 January 2021, in a statement published on its official website.

This support from the World Bank will be crucial for all African countries in this context, where the spread of the virus continues to increase. On Wednesday, January 27, 2021, the South African President and President-in-Office of the African Union, Cyril Ramaphosa, in an online conference, reiterated the need to carry out the vaccination campaign against Covid-19 in the continent. Indeed, this second wave seems to be gaining ground at a pace that is difficult to control. On the counter, Africa has more than 3.5 million cases and nearly 89,000 deaths.

This $12 billion World Bank grant or concessional loan funding is expected to provide African countries with the number of doses needed to vaccinate a large portion of the population. The President of the World Bank Group, David Malpass, also reminded Member States of the urgent need to reach out to regional leaders in order to be able to receive vaccination-19 as quickly as possible.In his speech, he made it clear that the institution encourages “countries that have not yet requested assistance to send a letter to their National Director of the World Bank requesting support for the purchase and deployment of vaccines under the $12 billion facility.”

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According to the African Centers for Disease Control and Prevention (Africa CDC), 60% of the African population requires at least US$10-15 billion to be vaccinated. However, negotiations initiated by the African Union have resulted in 270 million doses of vaccines pending the additional 400 million in the coming days.

It is now up to African countries to carry out a good awareness and communication policy around vaccines, which raise a lot of questions. In the communiqué of the virtual meeting on Wednesday 27 January, ‘the webinar participants decided to act quickly to achieve the immediate goal of ensuring that all African states have access to the vaccine and can vaccinate their populations.’


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