IBOV 174,301.07 ▲ 0.27% IPSA 10,862.83 ▼ 0.77% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,156,991 ▼ 0.89% COLCAP 2,282.71 ▼ 0.11% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.17% USD/MXN17.52▲ 0.56% USD/CLP932.98▲ 0.86% USD/COP3,264▲ 1.01% USD/PEN3.41▲ 0.68% USD/ARS1,479▲ 0.20% USD/UYU40.23▲ 1.74% USD/PYG6,032▲ 1.81% USD/BOB10.65▲ 4.37% USD/DOP58.24▲ 1.37% USD/CRC446.12▲ 1.44% USD/GTQ7.62▲ 2.73% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.87% USD/TTD6.74▲ 1.70% EUR/BRL5.84▲ 0.17% BRENT 87.64 ▲ 4.05% WTI 81.45 ▲ 3.17% IRON ORE 161.91 — — COPPER 6.27 ▼ 0.48% GOLD 4,021 ▲ 0.88% SILVER 56.29 ▲ 0.70% SOY 1,200 ▲ 0.40% CORN 465.50 ▲ 5.44% WHEAT 676.00 ▲ 0.19% COFFEE 320.95 ▼ 0.11% SUGAR 14.84 ▲ 2.77% ORANGE JUICE 137.65 ▲ 2.88% COTTON 78.93 ▲ 1.60% COCOA 5,582 ▲ 7.02% BEEF 221.75 ▼ 2.35% CATTLE 339.85 ▼ 1.95% LITHIUM 68.71 ▼ 0.22% PETR4 40.77 ▲ 2.21% VALE3 72.93 ▼ 0.07% ITUB4 42.11 ▼ 1.03% BBDC4 18.33 ▼ 0.43% ABEV3 15.66 ▲ 0.38% BBAS3 20.55 ▼ 1.01% B3SA3 15.30 ▼ 0.58% WEGE3 43.53 ▲ 0.09% PRIO3 57.54 ▲ 1.32% SUZB3 42.22 ▲ 1.25% RENT3 38.33 ▼ 1.36% AZZA3 18.48 ▼ 0.27% CSAN3 3.88 — 0.00% RAIZ4 0.28 ▼ 3.45% PCAR3 2.55 ▼ 1.54% GMAT3 3.87 ▼ 1.28% PSSA3 55.05 ▼ 0.31% CVCB3 1.29 ▼ 4.44% POSI3 3.84 ▼ 1.03% SLCE3 13.53 ▼ 0.59% NATU3 8.59 ▲ 0.35% BRKM5 6.14 ▲ 0.66% RANI3 8.00 ▼ 0.99% CSNA3 5.05 ▼ 0.98% CMIN3 5.28 ▼ 3.12% USIM5 8.13 ▲ 2.91% GGBR4 24.08 ▲ 0.71% ENEV3 26.03 ▲ 0.31% CPFE3 47.28 ▲ 0.19% CMIG4 11.20 ▲ 0.99% EQTL3 39.71 ▼ 0.35% LREN3 13.45 ▼ 1.47% VIVT3 35.69 ▲ 0.62% RAIL3 13.75 ▼ 1.29% KLABIN 17.56 ▲ 1.15% RAIA DROGASIL 18.41 ▼ 0.59% RDOR3 35.76 ▼ 0.31% HAPV3 11.36 ▲ 3.74% FLRY3 16.68 ▲ 1.58% SMTO3 15.54 ▼ 1.15% UGPA3 31.94 ▼ 0.16% VBBR3 34.66 ▲ 0.84% BBSE3 40.99 ▼ 0.46% BPAC11 56.57 ▼ 0.04% CURY3 30.93 ▼ 1.15% AERI3 2.04 ▲ 0.99% VIVARA 23.00 ▼ 1.50% COMPASS 24.88 ▼ 0.12% VAMOS 3.25 ▲ 2.85% SANB11 26.80 ▼ 0.11% ASAI3 8.44 ▼ 1.40% SBSP3 29.40 ▲ 0.34% WALMEX 49.59 ▲ 0.06% GMEXICO 199.87 ▲ 0.32% FEMSA 224.89 ▼ 0.08% CEMEX 22.66 ▼ 0.53% GFNORTE 179.75 ▼ 0.35% BIMBO 58.70 ▲ 1.35% TELEVISA 9.70 ▲ 2.00% AMX 23.15 ▲ 1.62% GAP 386.95 ▼ 1.23% ASUR 278.94 ▼ 0.71% OMA 231.14 ▼ 0.84% KOF 180.50 ▲ 0.86% GRUMA 287.22 ▲ 0.30% KIMBER 38.77 ▼ 0.03% SQM-B 64,748 ▼ 1.97% COPEC 6,177 ▲ 0.83% BSANTANDER 77.04 ▼ 1.43% FALABELLA 5,853 ▲ 0.00% ENELAM 84.04 ▼ 0.90% CENCOSUD 2,003 ▼ 0.10% CMPC 1,075 ▲ 0.10% BANCO CHILE 187.00 ▼ 1.00% LATAM AIR 24.90 ▼ 1.97% YPF 77,325 ▲ 1.64% GGAL 7,800 ▼ 0.83% PAMPA 5,180 ▲ 1.37% TXAR 661.00 ▼ 0.15% ALUAR 938.50 ▼ 0.16% TGS 9,345 ▼ 0.43% CEPU 2,256 ▼ 0.18% MIRGOR 16,525 ▼ 1.34% COME 43.93 ▼ 1.19% LOMA NEGRA 3,538 ▼ 0.56% BYMA 300.50 ▼ 0.33% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 15.93 ▲ 0.82% BANCOLOMBIA 79.83 ▲ 0.45% GRUPO AVAL 4.95 ▼ 0.40% CREDICORP 389.42 ▲ 0.51% SOUTHERN COPPER 176.56 ▲ 0.51% BUENAVENTURA 30.28 ▲ 0.35% MERCADOLIBRE 1,818 ▼ 2.10% NUBANK 13.72 ▼ 0.51% XP 16.83 ▲ 0.87% PAGSEGURO 9.11 ▼ 0.49% STONE 11.10 ▼ 0.94% GLOBANT 32.58 ▲ 1.18% TECNOGLASS 45.83 ▼ 2.15% GAP AIRPORT 220.70 ▼ 2.03% ASUR 278.94 ▼ 0.71% OMA AIRPORT 105.63 ▼ 1.47% AMX ADR 26.34 ▲ 0.77% FEMSA ADR 128.40 ▼ 0.85% CEMEX ADR 12.94 ▼ 1.22% PETROBRAS ADR 17.84 ▲ 2.09% VALE ADR 14.24 ▲ 0.11% ITAU ADR 8.22 ▼ 0.96% SANTANDER BR 5.26 ▼ 0.66% AMBEV ADR 3.04 ▼ 0.49% CSN 1.00 ▼ 0.23% GERDAU 4.74 ▲ 0.32% LATAM ADR 53.34 ▲ 0.30% BTC 63,953 ▲ 0.26% ETH 1,849 ▼ 0.76% SOL 75.43 ▲ 0.21% XRP 1.09 ▲ 0.65% BNB 566.53 ▼ 0.99% ADA 0.17 ▲ 3.75% DOGE 0.07 ▲ 0.62% AVAX 6.60 ▲ 1.44% LINK 8.26 ▼ 0.82% DOT 0.86 ▲ 0.49% LTC 45.00 ▲ 0.13% BCH 218.85 ▼ 1.25% TRX 0.32 — 0.00% XLM 0.19 ▲ 1.41% HBAR 0.07 ▼ 0.30% NEAR 1.93 ▼ 1.76% ATOM 1.52 ▲ 1.08% AAVE 91.46 ▲ 0.36% SELIC 14.25% EMBRAER 82.65 ▲ 1.08% EMBRAER ADR 64.74 ▲ 0.57% JBS 11.83 ▼ 1.66% JBS BDR 60.39 ▼ 1.80% MBRF3 15.18 ▼ 0.72% MBRFY 3.00 ▲ 2.39% INTER 5.37 ▼ 3.07% EGX 52,928 ▲ 0.70% USD/ZAR16.52▲ 0.56% USD/NGN1,378▼ 0.20% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY162.44▲ 0.03% USD/CNY6.77▼ 0.12% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD1.14▼ 0.03% GBP/USD1.35▼ 0.61% SPX 7,489 ▼ 0.59% DJI 52,365 ▼ 0.36% NDX 28,797 ▼ 0.79% RUT 2,964 ▼ 0.37% TSX 35,271 ▼ 0.20% VIX 18.06 ▲ 7.95% USD/CAD1.40▼ 0.21% US10Y 4.5450 ▼ 0.53% IBOV 174,301.07 ▲ 0.27% IPSA 10,862.83 ▼ 0.77% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,156,991 ▼ 0.89% COLCAP 2,282.71 ▼ 0.11% BVL PERÚ 57,220.16 — — USD/BRL 5.11 ▲ 0.17% USD/MXN 17.52 ▲ 0.56% USD/CLP 932.98 ▲ 0.86% USD/COP 3,264 ▲ 1.01% USD/PEN 3.41 ▲ 0.68% USD/ARS 1,479 ▲ 0.20% USD/UYU 40.23 ▲ 1.74% USD/PYG 6,032 ▲ 1.81% USD/BOB 10.65 ▲ 4.37% USD/DOP 58.24 ▲ 1.37% USD/CRC 446.12 ▲ 1.44% USD/GTQ 7.62 ▲ 2.73% USD/HNL 26.73 ▲ 1.94% USD/NIO 36.62 ▲ 1.17% USD/VES 730.65 ▲ 0.57% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.87% USD/TTD 6.74 ▲ 1.70% EUR/BRL 5.84 ▲ 0.17% BRENT 87.64 ▲ 4.05% WTI 81.45 ▲ 3.17% IRON ORE 161.91 — — COPPER 6.27 ▼ 0.48% GOLD 4,021 ▲ 0.88% SILVER 56.29 ▲ 0.70% SOY 1,200 ▲ 0.40% CORN 465.50 ▲ 5.44% WHEAT 676.00 ▲ 0.19% COFFEE 320.95 ▼ 0.11% SUGAR 14.84 ▲ 2.77% ORANGE JUICE 137.65 ▲ 2.88% COTTON 78.93 ▲ 1.60% COCOA 5,582 ▲ 7.02% BEEF 221.75 ▼ 2.35% CATTLE 339.85 ▼ 1.95% LITHIUM 68.71 ▼ 0.22% PETR4 40.77 ▲ 2.21% VALE3 72.93 ▼ 0.07% ITUB4 42.11 ▼ 1.03% BBDC4 18.33 ▼ 0.43% ABEV3 15.66 ▲ 0.38% BBAS3 20.55 ▼ 1.01% B3SA3 15.30 ▼ 0.58% WEGE3 43.53 ▲ 0.09% PRIO3 57.54 ▲ 1.32% SUZB3 42.22 ▲ 1.25% RENT3 38.33 ▼ 1.36% AZZA3 18.48 ▼ 0.27% CSAN3 3.88 — 0.00% RAIZ4 0.28 ▼ 3.45% PCAR3 2.55 ▼ 1.54% GMAT3 3.87 ▼ 1.28% PSSA3 55.05 ▼ 0.31% CVCB3 1.29 ▼ 4.44% POSI3 3.84 ▼ 1.03% SLCE3 13.53 ▼ 0.59% NATU3 8.59 ▲ 0.35% BRKM5 6.14 ▲ 0.66% RANI3 8.00 ▼ 0.99% CSNA3 5.05 ▼ 0.98% CMIN3 5.28 ▼ 3.12% USIM5 8.13 ▲ 2.91% GGBR4 24.08 ▲ 0.71% ENEV3 26.03 ▲ 0.31% CPFE3 47.28 ▲ 0.19% CMIG4 11.20 ▲ 0.99% EQTL3 39.71 ▼ 0.35% LREN3 13.45 ▼ 1.47% VIVT3 35.69 ▲ 0.62% RAIL3 13.75 ▼ 1.29% KLABIN 17.56 ▲ 1.15% RAIA DROGASIL 18.41 ▼ 0.59% RDOR3 35.76 ▼ 0.31% HAPV3 11.36 ▲ 3.74% FLRY3 16.68 ▲ 1.58% SMTO3 15.54 ▼ 1.15% UGPA3 31.94 ▼ 0.16% VBBR3 34.66 ▲ 0.84% BBSE3 40.99 ▼ 0.46% BPAC11 56.57 ▼ 0.04% CURY3 30.93 ▼ 1.15% AERI3 2.04 ▲ 0.99% VIVARA 23.00 ▼ 1.50% COMPASS 24.88 ▼ 0.12% VAMOS 3.25 ▲ 2.85% SANB11 26.80 ▼ 0.11% ASAI3 8.44 ▼ 1.40% SBSP3 29.40 ▲ 0.34% WALMEX 49.59 ▲ 0.06% GMEXICO 199.87 ▲ 0.32% FEMSA 224.89 ▼ 0.08% CEMEX 22.66 ▼ 0.53% GFNORTE 179.75 ▼ 0.35% BIMBO 58.70 ▲ 1.35% TELEVISA 9.70 ▲ 2.00% AMX 23.15 ▲ 1.62% GAP 386.95 ▼ 1.23% ASUR 278.94 ▼ 0.71% OMA 231.14 ▼ 0.84% KOF 180.50 ▲ 0.86% GRUMA 287.22 ▲ 0.30% KIMBER 38.77 ▼ 0.03% SQM-B 64,748 ▼ 1.97% COPEC 6,177 ▲ 0.83% BSANTANDER 77.04 ▼ 1.43% FALABELLA 5,853 ▲ 0.00% ENELAM 84.04 ▼ 0.90% CENCOSUD 2,003 ▼ 0.10% CMPC 1,075 ▲ 0.10% BANCO CHILE 187.00 ▼ 1.00% LATAM AIR 24.90 ▼ 1.97% YPF 77,325 ▲ 1.64% GGAL 7,800 ▼ 0.83% PAMPA 5,180 ▲ 1.37% TXAR 661.00 ▼ 0.15% ALUAR 938.50 ▼ 0.16% TGS 9,345 ▼ 0.43% CEPU 2,256 ▼ 0.18% MIRGOR 16,525 ▼ 1.34% COME 43.93 ▼ 1.19% LOMA NEGRA 3,538 ▼ 0.56% BYMA 300.50 ▼ 0.33% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 15.93 ▲ 0.82% BANCOLOMBIA 79.83 ▲ 0.45% GRUPO AVAL 4.95 ▼ 0.40% CREDICORP 389.42 ▲ 0.51% SOUTHERN COPPER 176.56 ▲ 0.51% BUENAVENTURA 30.28 ▲ 0.35% MERCADOLIBRE 1,818 ▼ 2.10% NUBANK 13.72 ▼ 0.51% XP 16.83 ▲ 0.87% PAGSEGURO 9.11 ▼ 0.49% STONE 11.10 ▼ 0.94% GLOBANT 32.58 ▲ 1.18% TECNOGLASS 45.83 ▼ 2.15% GAP AIRPORT 220.70 ▼ 2.03% ASUR 278.94 ▼ 0.71% OMA AIRPORT 105.63 ▼ 1.47% AMX ADR 26.34 ▲ 0.77% FEMSA ADR 128.40 ▼ 0.85% CEMEX ADR 12.94 ▼ 1.22% PETROBRAS ADR 17.84 ▲ 2.09% VALE ADR 14.24 ▲ 0.11% ITAU ADR 8.22 ▼ 0.96% SANTANDER BR 5.26 ▼ 0.66% AMBEV ADR 3.04 ▼ 0.49% CSN 1.00 ▼ 0.23% GERDAU 4.74 ▲ 0.32% LATAM ADR 53.34 ▲ 0.30% BTC 63,953 ▲ 0.26% ETH 1,849 ▼ 0.76% SOL 75.43 ▲ 0.21% XRP 1.09 ▲ 0.65% BNB 566.53 ▼ 0.99% ADA 0.17 ▲ 3.75% DOGE 0.07 ▲ 0.62% AVAX 6.60 ▲ 1.44% LINK 8.26 ▼ 0.82% DOT 0.86 ▲ 0.49% LTC 45.00 ▲ 0.13% BCH 218.85 ▼ 1.25% TRX 0.32 — 0.00% XLM 0.19 ▲ 1.41% HBAR 0.07 ▼ 0.30% NEAR 1.93 ▼ 1.76% ATOM 1.52 ▲ 1.08% AAVE 91.46 ▲ 0.36% SELIC 14.25% EMBRAER 82.65 ▲ 1.08% EMBRAER ADR 64.74 ▲ 0.57% JBS 11.83 ▼ 1.66% JBS BDR 60.39 ▼ 1.80% MBRF3 15.18 ▼ 0.72% MBRFY 3.00 ▲ 2.39% INTER 5.37 ▼ 3.07% EGX 52,928 ▲ 0.70% USD/ZAR 16.52 ▲ 0.87% USD/NGN 1,378 ▲ 0.02% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY 162.41 ▲ 0.04% USD/CNY 6.7652 ▲ 0.03% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD 1.1442 ▼ 0.02% GBP/USD 1.3457 ▼ 0.17% SPX 7,489 ▼ 0.59% DJI 52,365 ▼ 0.36% NDX 28,797 ▼ 0.79% RUT 2,964 ▼ 0.37% TSX 35,271 ▼ 0.20% VIX 18.06 ▲ 7.95% USD/CAD 1.4009 ▼ 0.21% US10Y 4.5450 ▼ 0.53%
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Africa Central Africa

Africa’s Vaccine Revolution: A Roadmap to 2040

By · February 19, 2024 · 2 min read

Africa Intelligence

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In a significant development, the African Union aims for 60% local vaccine production by 2040, steering towards health independence.

The Africa CDC spearheads this effort, transitioning Africa from a small to a significant pharmaceutical contributor.

Prompted by COVID-19’s challenges, the initiative stresses the necessity for Africa’s own production capacities.

The 2021 Partnerships for African Vaccine Manufacturing (PAVM) rallied global and regional allies, committing to this goal.

Senegal, Morocco, South Africa, Egypt, and Algeria have advanced through global partnerships and new facilities.

Africa's Vaccine Revolution: A Roadmap to 2040. (Photo Internet reproduction)
Africa’s Vaccine Revolution: A Roadmap to 2040. (Photo Internet reproduction)
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The PAVM suggests strategies like pooling vaccine purchases, boosting regulatory systems, facilitating technology transfers, and improving research and workforce skills.

These measures aim for Africa’s vaccine self-sufficiency, lessening import reliance, which global supply and political issues often disrupt.

Beyond tackling current health crises, this plan eyes Africa’s future health and economic stability.

Growing local production promises to alleviate vaccine shortages, foster innovation, generate jobs, and chart a sustainable economic course.

Achieving this autonomy by 2040 demands considerable investment, global cooperation, and navigating many obstacles.

The collective endeavor by African nations and partners reflects a deep commitment to enhancing the continent’s health infrastructure and independence.

This effort towards vaccine self-sufficiency by 2040 highlights the African Union and allies’ extensive efforts.

This pathway is pivotal for Africa’s future health security and economic robustness.

Background

Historically, Africa has depended heavily on vaccine imports, making it vulnerable to global supply chain disruptions and geopolitical tensions.

This dependency was starkly highlighted during the COVID-19 pandemic, when access to vaccines became a critical issue.

The African Union’s initiative for local vaccine production represents a strategic shift towards self-reliance.

The push for vaccine self-sufficiency is not just about addressing immediate health emergencies; it’s also about securing Africa’s long-term health and economic future.

By developing its pharmaceutical sector, Africa can ensure timely access to vaccines, reduce healthcare costs, and strengthen its healthcare systems against future pandemics.

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