International institutions aid vaccine-making in Africa through R10bn financing

Several international development finance institutions have partnered on a financing package for pharmaceuticals company Aspen Pharmacare to support vaccine production and other treatment therapies on the African continent. The €600-million, about R10-billion, long-term financing package is supported by the US International Development Finance Corporation, the International Finance Corporation (IFC), French development institution Proparco and German investment and development company DEG.

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