Viewpoints | Mar 27,2021
January 23 , 2021
The African Union (AU) and the African Export-Import Bank (Afreximbank) have announced that African nations will pay between three and 10 dollars a dose to access 270 million COVID-19 shots secured earlier this month by the former.
The countries can pay for the vaccines through loans from Afreximbank, which has stated that it is ready to provide procurement guarantees of up to two billion dollars to vaccine manufacturers. The borrowers will then repay the loans through quarterly installments over the coming seven years.
Pfizer is providing 50 million doses at the price of three dollars each. Johnson & Johnson, whose vaccine is still in a trial phase, is set to avail 120 million doses at 6.75 dollars each. The Serum Institute of India, who will be supplying vaccines sourced from AstraZeneca, will provide 100 million doses at a cost of 10 dollars a dose.
The AU aims to have 60pc of the African population vaccinated within three years. There have been over 3.3 million COVID-19 cases and 80,000 deaths recorded on the continent so far with a new, more virulent strain of the virus recently identified in South Africa.
PUBLISHED ON Jan 23,2021 [ VOL 21 , NO 1082]
Viewpoints | Mar 27,2021
Fortune News | Dec 28,2019
Radar | Sep 04,2021
Fortune News | Mar 07,2020
Covid-19 | Feb 13,2021
Viewpoints | Jun 26,2021
Radar | Feb 13,2021
Fortune News | May 09,2020
Radar | Jun 27,2020
Radar | Dec 21,2019
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
October 16 , 2021 . By HAWI DADHI
Residing in a country with no capital market, an organised marketplace for trading se...
August 28 , 2021 . By HAWI DADHI
The streets of Addis Abeba are as varied as they are many, although too many of them have yet to be named. From the narrow alleyways of the...
Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...
When the country’s most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or tw...
May 21 , 2022
There was a great deal of handshaking and patting each other on the back at the Hyatt...
May 14 , 2022
Diana Yohannes is one of those actively engaging in social media platforms with her T...
May 7 , 2022
The Ethiopian Economic Association (EEA) recently proposed the formation of a macroec...
April 30 , 2022
There is no ambiguity in the UNDP's assessment of Ethiopia’s economic performance a...
PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize
May 6 , 2019
Adulteration is getting out of hand. Consumers in Ethiopia are being left to their ow...
Or see contact page