Skip to content
July 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • International News
  • Covax seeks additional $2b donations to reserve COVID-19 vaccines
  • International News

Covax seeks additional $2b donations to reserve COVID-19 vaccines

Admin April 16, 2021
covid 19 vaccine and erectile dysfunction

COVID Vaccine

April 16, 2021

The Covax scheme launched a push for an extra $2 billion in donations on Thursday, saying it needed the money in advance to reserve Covid-19 vaccine doses.

The Covax facility ensures the 92 poorest participating economies can access coronavirus jabs, with the cost covered by donors.

The United States co-hosted Thursday’s donor event at which the first $400 million was raised.

Sweden led the way, putting in $258 million, with the Netherlands donating $47 million.

“People everywhere should have access to rigorously tested, safe, and effective Covid-19 vaccines,” said US Secretary of State Antony Blinken.

“As long as Covid is spreading and replicating anywhere, it poses a threat to people everywhere.”

Japanese Prime Minister Yoshihide Suga will host a Covax funding summit focused on the 92 countries in June, it was announced.

“The supply of vaccines and funding are still insufficient, and there is an urgent need to further strengthen the Covax facility to ensure equitable access to safe, effective, and quality-assured vaccines to people in developing countries,” said Japan’s Foreign Minister Toshimitsu Motegi.

Nearly 840 million doses of Covid-19 vaccines have been administered in at least 205 territories around the world, according to an AFP count.

Covax has delivered more than 38 million doses so far to 113 participating territories.

The first shipment landed in Ghana on February 24, with Ghanaian President Nana Akufo-Addo publicly taking the first shot.

Covax is co-led by the WHO, the Gavi vaccine alliance, and the Coalition for Epidemic Preparedness Innovations.

The scheme is aiming to distribute enough doses to vaccinate up to 27 percent of the population in the 92 poorest participating economies by the end of the year.

“We have now secured up to 2.5 billion doses … and sight on another billion doses,” said Gavi chief Seth Berkley.

“You can put advance purchase agreements in place but to do those you have financing available.

“That’s why the up-front money is critical.”

Sweden’s donation made it the largest contributor relative to population.

“This is an investment not only in global solidarity, but also in our common objective of putting an end to the pandemic,” said International Development Minister Per Olsson Fridh.

“Minimising the risk of dangerous virus variants, enabling a quicker economic recovery and minimising the already devastating impact of Covid-19 is in everyone’s best interest,” he said.

AFP

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Antony Blinken COVAX Nana Akufo-Addo Per Olsson Fridh Seth Berkley Yoshihide Suga

Post navigation

Previous COVID-19: FG reaffirms commitment to vaccinate all eligible Nigerians
Next Banditry: Matawalle suspends District Head for conferring title on indicted military officer, warns all traditional rulers to seek approval first

Related Stories

50 migrants feared lost in Mediterranean, 10 survive after boat capsizes, security sources say Migrants
  • International News

50 migrants feared lost in Mediterranean, 10 survive after boat capsizes, security sources say

July 14, 2026
Oil jumps 4% as new military strikes threaten Hormuz shipments crude oil
  • Business & Economy
  • International News

Oil jumps 4% as new military strikes threaten Hormuz shipments

July 13, 2026
US-Iran escalation could threaten 2027 oil market surplus, IEA says reserves crude oil
  • International News

US-Iran escalation could threaten 2027 oil market surplus, IEA says

July 10, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NPC inaugurates home-based online birth registration
  • National News

NPC inaugurates home-based online birth registration

July 15, 2026
Nigeria’s inflation rate drops to 15.91% in June- NBS total value of trade
  • Business & Economy

Nigeria’s inflation rate drops to 15.91% in June- NBS

July 15, 2026
Digital Shift: NPC Rolls Out ‘VitalReg’ Platform to Tackle Nigeria’s Birth and Death Registration Deficit
  • National News

Digital Shift: NPC Rolls Out ‘VitalReg’ Platform to Tackle Nigeria’s Birth and Death Registration Deficit

July 15, 2026
FCTA confirms 8 rabies cases, 2 deaths, issues alert
  • Breaking News

FCTA confirms 8 rabies cases, 2 deaths, issues alert

July 15, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.