Africa business in brief | issue 382 | 13 dec 2020
Coronavirus (COVID-19)
Africa: Africa is better equipped to deal with a potential second wave of COVID-19, leveraging on measures adopted in tackling the pandemic’s initial adverse health effects, experts affirmed during a special session on the second day of the 2020 Africa Economic Conference. As the world gears up for new COVID-19 vaccines, the World Bank has unveiled a USD12-billion financing package to help developing countries procure the vaccines. Dr Feng Zhao, practice manager of Strategy, Operations and Global Engagement at the World Bank, said Ethiopia is leading Africa’s vaccine initiative. While noting that Africa lags behind other regions in developing COVID-19 vaccines, which some developed countries have begun administering to their citizens, the experts lauded African governments for speedily adopting diagnostic measures against the outbreak. Within a year, at least six countries – Nigeria, Kenya, South Africa
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