Business A.M
No Result
View All Result
Sunday, February 22, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Frontpage

Covid-19 vaccine: Nigeria, 54 others to benefit from African Union’s 270m doses

by Admin
January 21, 2026
in Frontpage, WORLD BUSINESS & ECONOMY

 

  • AMSP opens vaccines pre-orders for 55 AU member states
  • AVATT secures vaccines doses from Pfizer, J&J, AstraZeneca
  • Afreximbank provides $2bn procurement commitment for African states

 

 

Nigerian and 54 other African Union (AU) member states would benefit from 270 million Covid-19 vaccines doses which were procured by the AU through the Africa Medical Supplies Platform (AMSP), using its Covid-19 African Vaccine Acquisition Task Team (AVATT). The acquisition had earlier been announced by Cyril Ramaphosa, South Africa president and chairperson of the AU.

Covid-19 vaccine: Nigeria, 54 others to benefit from African Union’s 270m doses

AMSP is a non-profit initiative launched by the African Union as an immediate, integrated and practical response to the Covid-19 pandemic. It is an online platform developed by Strive Masiyiwa, an African Union special envoy, and powered by Janngo on behalf of the African Union’s Africa Centres for Disease Control and Prevention (Africa CDC) and in partnership with African Export-Import Bank (Afreximbank), the United Nations Economic Commission for Africa (UN-ECA), with the support of leading African and international institutions, foundations and corporations, as well as governments of China, Canada and France.

AVATT was established by President Cyril Ramaphosa as the AU chairperson, as a component in support of the Africa Vaccine Strategy that was endorsed by the AU Bureau of Heads of State and Government on 20 August, 2020.

AMSP, acting on behalf of the African Centres for Disease Control and Prevention (Africa CDC), has commenced the vaccines pre-order programme for all African Union 55 member states.

The African Export-Import Bank (Afreximbank) is facilitating the vaccines payments by providing advance procurement commitment guarantees of up to $2 billion to the manufacturers on behalf of the member states.

While AVATT has secured a provisional 270 million COVID-19 vaccines doses from Pfizer, Johnson & Johnson and AstraZeneca, AMSP – the single-source platform enabling faster, more transparent and cost-effective access to COVID-19 supplies – this week opened pre-orders, offering an equitable access of the Covid vaccines doses for all 55 AU states.

According to Strive Masiyiwa, AU special envoy, “These are historical times. For the first time in history, Africa has secured access to millions of vaccine doses in the middle of a pandemic as most of Western countries.”

Masiyiwa said there was still a huge shortage of vaccine doses, and that is why the continental collaboration has designed a fair allocation coupled with timely and equitable access of COVID-19 vaccines across the continent.

Benedict Oramah, president and chairman of the board of directors of Afreximbank, said the pan-African multilateral financial institution was proud to expand its support to African economies in their bid to contain the pandemic. “Our vaccine financing facility builds on the success of our Pandemic Trade Impact Mitigation Facility (PATIMFA) to open access to COVID-19 vaccines to African states based on a whole-of-Africa approach favoured by the African Union,” he said.

Oramah further stated that by providing advance procurement commitment guarantees of up to $2 billion to candidate vaccine manufacturers, Afreximbank would ensure that African states were able to rapidly access the COVID-19 vaccines at competitive prices, and in a timely manner, thereby contributing to saving lives and livelihoods.

To support vaccination operations, AMSP has also launched a new category on vaccine accessories which will help member states to procure products such as ultra-low temperature freezers, personal protection equipment, cotton wool rolls, syringes and needles.

John Nkengasong, the director of Africa CDC said the biggest challenges to COVID-19 vaccine access in Africa have been financing of the vaccines and the logistics of vaccinating at scale, but said, “we are glad that this gap is being filled by the Afreximbank financing facility.”

He said the critical decision now is how to get started, so that once they start, there will be no disruptions, which is where AMSP will play a very big role.

For Fatoumata Bâ, the founder & executive chair of Janngo and managing partner of Janngo Capital, AU member states could start placing online pre-orders for their vaccines. “From today onwards, African Union member states will be able to start placing online pre-orders for their vaccines allocation through the Africa Medical Supplies Platform,” he said.

 

Admin
Admin
Previous Post

Morrison Industries taps Oladejo, business consultant, as MD to drive expansion plans

Next Post

Nigeria equities go bearish on selloffs in DangCem, AXA Mansard, UBA

Next Post

Nigeria equities go bearish on selloffs in DangCem, AXA Mansard, UBA

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Nigeria unveils N800bn industrial push to cut oil dependence

Nigeria unveils N800bn industrial push to cut oil dependence

February 20, 2026
CMAN calls oil revenue reform key to investor confidence recovery

CMAN calls oil revenue reform key to investor confidence recovery

February 19, 2026
Zoho targets Africa expansion after 30 years with self-funded growth strategy

Zoho targets Africa expansion after 30 years with self-funded growth strategy

February 19, 2026
GSMA presses telecoms to rethink business models for trillion-dollar B2B growth

GSMA urges rethink of spectrum policy to close rural digital divide

February 19, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Nigeria unveils N800bn industrial push to cut oil dependence

Nigeria unveils N800bn industrial push to cut oil dependence

February 20, 2026
CMAN calls oil revenue reform key to investor confidence recovery

CMAN calls oil revenue reform key to investor confidence recovery

February 19, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M