World Bank readies COVID-19 vaccine funds for around 30 African countries

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JOHANNESBURG - The World Bank is preparing emergency financing to help about 30 African countries access COVID-19 vaccines, the global lender told Reuters, as the continent scrambles to secure doses a

nd start immunizing vulnerable groups.

Many rely on the World Health Organization's vaccine-sharing scheme COVAX, which delivered its first doses last week with a shipment to Ghana. "The funds are available now, and for most African countries, the financing would be on grant or highly concessional terms," a bank spokesperson said in response to questions.

"This is the first World Bank-financed operation in Africa to support a country's COVID-19 immunization plan and help with the purchase and distribution of vaccines," the spokesperson added.

 

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