‘War room’ task force convenes to discuss ways on how to help fight COIVD-19 pandemic in developing states

GENEVA – Heads of the World Bank Group (WBG), International Monetary Fund (IMF), World Health organization (WHO) and World Trade organization (WTO) had their first joint task force meeting to discuss and deliberate on COVID-19 Vaccines, Therapeutics and Diagnostics for Developing Countries. The task force dubbed ‘war room’ comes at a crucial time when several developing countries are struggling with new variants and a resurging wave of infections as the dire need of access to vaccines is becoming critical to help curb the pandemic. Out of the issues discussed, accelerating…

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South Africa, Senegal, Rwanda, Nigeria considered as vaccine production hubs-WTO

AFRICA – Africa is working with the European Union and other partners to establish regional vaccine manufacturing hubs in South Africa, Senegal and Rwanda. Nigeria is also under consideration for the program, World Trade Organization (WTO) Director General, Ngozi Okonjo-Iweala, has said. “We have now seen that over-centralization of vaccine production capacity is incompatible with equitable access in a crisis situation,” Okonjo-Iweala said on Monday during a virtual meeting. Regional production hubs, in tandem with open supply chains, will offer a more promising path to preparedness for future health crisis…

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