The cost of vaccinating 60% of Africa’s 1.3 billion people would be between $10 billion and $15 billion, according to the Africa Centres for Disease Control.
The World Bank has committed $12 billion (R318 billion) to African countries to support vaccination programs across a continent that hasn’t been able to keep pace with developed nations’ rollouts. The World Bank money will be in the form of grants or on « highly concessional terms », said David Malpass, president of the World Bank, in a statement following a virtual meeting in January on the Africa Covid-19 vaccine financing and deployment strategy. « We’re preparing emergency vaccine financing projects in 21 countries in Africa, including the Democratic Republic of Congo, Ethiopia, Niger, Mozambique, Tunisia, Eswatini and Cabo Verde to name a few, » said Malpass.
