The Mastercard Foundation has announced that it will deploy $1.3 billion over the next three years in partnership with the Africa Centres for Disease Control and Prevention (Africa CDC) to save the lives and livelihoods of millions of people in Africa and hasten the economic recovery of the continent.
The Saving Lives and Livelihoods initiative will acquire vaccines for at least 50 million people, support the delivery of vaccinations to millions more across the continent, lay the groundwork for vaccine manufacturing in Africa through a focus on human capital development, and strengthen the Africa CDC.
“Ensuring equitable access and delivery of vaccines across Africa is urgent. This initiative is about valuing all lives and accelerating the economic recovery of the continent,” said Reeta Roy, President and CEO of the Mastercard Foundation.
“In the process, this initiative will catalyze work opportunities in the health sector and beyond as part of our Young Africa Works strategy,” she added.
The African Union’s goal as set out in the African COVID-19 Vaccine Development and Access Strategy is to vaccinate at least 60 percent of its population – approximately 750 million people or the entire adult population of the continent – by the end of 2022. To date, less than two percent of Africans have received at least one vaccine dose.
The new partnership builds on the efforts of the COVID-19 Vaccines Global Access facility (COVAX), the COVID-19 African Vaccine Acquisition Task Team (AVATT), and the global community to expand access to vaccines across Africa.
The number of vaccines available to Africa represents a small portion of the global supply and the financial costs to purchase, deliver, and administer vaccines remain significant.
The Africa CDC is calling on governments, global funders, the private sector, and others to help meet this goal.
“Ensuring inclusivity in vaccine access, and building Africa’s capacity to manufacture its own vaccines, is not just good for the continent, it’s the only sustainable path out of the pandemic and into a health-secure future,” said Dr. John Nkengasong, Director of the Africa CDC. “This partnership with the Mastercard Foundation is a bold step towards establishing a New Public Health Order for Africa, and we welcome other actors to join this historic journey.”
In 2020, Africa faced its first economic recession in 25 years due to the pandemic. The African Development Bank has warned that COVID-19 could reverse hard-won gains in poverty reduction over the past two decades and drive 39 million people into extreme poverty in 2021.
Widespread vaccination is recognized as being critical to the economic recovery of African countries.
The initiative builds on an earlier collaboration between the Mastercard Foundation and the Africa CDC to expand access to testing kits and enhance surveillance capacity in Africa.
Through the Foundation’s support, the Africa CDC’s Partnership to Accelerate COVID-19 Testing (PACT) deployed nearly two million COVID-19 tests and more than 12,000 trained health care workers and rapid responders across Africa.
In total, the PACT has enabled over 47 million COVID-19 tests across the continent.
Latest Stories
-
UniBank case: I’ll be disappointed in Attorney General if… – Tuah Yeboah
13 minutes -
Nigeria: Tinubu gifts each Falcons player $100,000, national honours, house
14 minutes -
Ga East MCE engages Ghana Water Company on support plans
20 minutes -
Bibiani market women cry for stability after constant displacements
21 minutes -
MCE for Ga East Engages Circuit Court for development partnerships
23 minutes -
Banking that rewards you: Access Bank rolls out loyalty program
28 minutes -
SSNIT needs bold reforms to build a more inclusive, resilient social security system-VEEP
34 minutes -
Morocco donates 2,000 tons of fertilisers to Ghana
39 minutes -
Koforidua-based NDC lawyer Bernard Bediako Baidoo picks forms to contest Akwatia by-election primary
44 minutes -
The UEW advantage: Why choose UEW for your next qualification
45 minutes -
Ghana close to winning WAFCON – Head coach Björkegren
48 minutes -
Korle Bu Teaching Hospital sees 700 cancer cases annually
52 minutes -
Kamaldeen Sulemana has talent but still needs polishing – Atalanta boss
1 hour -
Ablakwa honoured as ‘Most Dynamic Minister’ by Africa Development Council
1 hour -
‘Makra mo’ – A legend’s farewell to Daddy Lumba
1 hour