IFC, Proparco, DEG, DFC support vaccine rollout in Africa

The International Finance Corporation, Proparco, DEG, and the US International Development Finance Corporation have announced a partnership to support vaccine manufacturing in Africa.

The lenders, along with other partners, are exploring potential collaboration with vaccine producers on the continent, including Aspen, among others, to support the continued development of sustainable local vaccine and pharmaceutical manufacturing in Africa. This is expected to enable the continent to both respond to COVID-19 and be ready to respond to future pandemics and supply chain disruptions.