This archive report was first published on 26 October 2021.
Published on October 26, 2021, the Africa Investment Forum is exploring a KSh5 billion vaccine plant in East Africa as part of a KSh15.4 billion investment to enhance vaccines and healthcare in West and East Africa.
The investment, which includes a KSh10.6 billion specialist hospital in West Africa and a $45 million WHO-prequalified vaccine production plant in East Africa, aims to improve healthcare services on the continent.
According to Africa Investment Forum Senior Director Chinelo Anohu, the forum seeks to provide a co-investment platform that mobilizes domestic and international investors to support the continent's development.
Meanwhile, Rwanda has partnered with the International Finance Corporation (IFC) to develop its capacity to produce essential vaccines for the African continent.
The Africa Investment Forum was launched in 2018 by eight founding partners, including the African Development Bank, Africa 50, and the Islamic Development Bank.
