Africa

UN GA 2021: Africa cannot outsource its health to the rest of the world, African Development Bank chief told panel on Closing the health gap

Published

on

UN GA 2021: Africa cannot outsource its health to the rest of the world, African Development Bank chief told panel on Closing the health gap

We need to strengthen Africa’s indigenous manufacturing capacity. … we have to make sure

ABIDJAN, Ivory Coast, September 22, 2021 / APO Group / –

World leaders, at a health side event at the United Nations General Assembly, expressed the urgent need to increase production and access to the Covid-19 vaccine following a pandemic that has caused unprecedented economic losses and the failure of health systems in Africa.

The Future Investment Initiative Institute hosted the virtual event on Tuesday, as part of a series of panel discussions around the themes of vaccines, resilience and global health.

Their voices were amplified by the President of the African Development Bank Akinwumi A. Adesina, the Director General of the World Trade Organization Ngozi Okonjo-Iweala and the Vice President and Partner of Global Infrastructure Partners Jim Yong Kim. All three participated in a panel that examined the balance between the scales of global health and the consequences of the new coronavirus.

The 76th United Nations General Assembly takes place this year against the Covid-19 pandemic, which has hit African economies hard, despite the overall death toll lower on the continent. GDP contracted 2.1% in 2020, down 6.1 percentage points from pre-Covid forecast. In addition, only a handful of countries have met their commitment to devote at least 15% of their national budget lines to improving and maintaining adequate health systems.

To protect the continent from future pandemics and other health crises, Adesina underscored the need to strengthen Africa’s manufacturing and health capacities. “Africa cannot outsource its health to the rest of the world. We need to build Africa’s indigenous manufacturing capacity… we need to make sure, ”Adesina said, addressing what he said was one of the biggest lessons from the pandemic – the need for Africa to count. on herself.

Asked in turn by CNN presenter Richard Quest, who moderated the session, what they were doing as world leaders to close the dangerous health gap, Okonjo-Iweala said her top two priorities were to ” get countries with excess vaccines to donate them. COVAX – the initiative led by the Coalition for Epidemic Preparedness Innovations, the Vaccine Alliance Gavi and the World Health Organization. The second, she said, was “to get rich countries to swap places with poorer countries on the vaccine waiting list.”

In the long run, Okonjo-Iweala said, it was about building Africa’s manufacturing capacity. “We need to decentralize manufacturing,” she stressed.

On the same subject, Jim Yong Kim denounced the lack of leadership in the current global health crisis.

“Where is the coalition that will say this is an unprecedented challenge? … What we need now is leadership … We had a similar problem in dealing with people living with it? HIV… we can solve them for the vaccine shortage, ”Kim said.

Adesina said the African Development Bank will contribute $ 3 billion to the development of the African pharmaceutical industry over the next 10 years.

“What is needed in the long term is to strengthen Africa’s pharmaceutical capacities,” said the head of the African Development Bank.

Various trade restrictions and barriers, intellectual property rights, and lack of raw materials hamper this capacity, making it even more difficult for African countries to step into the game.

“We are taking action… vaccine supply chains are very complicated… making sure that supply chains flow… We need to lift restrictions so that manufacturers can get what they need,” Okonjo said. -Iweala. “Vaccine nationalism doesn’t pay… We have to let the technology transfer. We cannot be selfish in this pandemic. Lives are at stake. ”

The business case for investing in vaccine creation facilities and the bottom line benefits to financiers was another recurring theme during the day’s sessions. “You have to have the conversation … it’s in your best interest for Africa to get vaccinated,” Kim said.

During the opening panel, Carlyle Group co-founder and co-chair David M Rubenstein and BNY Mellon CEO Thomas Gibbons acknowledged that profits did not eliminate the moral imperative to tackle inequalities between countries. developed and developing countries. “Vaccines are the most important tool – we have to make vaccines accessible for all,” Gibbons said.

Internationally renowned conservationist and scientist Jane Goodall spoke about the need to create a better world for all during her session entitled “Health in the Anthropocene”.

“We need to accelerate the recycling movement towards a circular economy… We need to remember that each of us matters… There are millions of little ethical choices in the way we live. We know what we have to do… We have to have the strength and the will.

Future Investment Initiative Institute CEO Richard Matthias announced that more than 4,000 participants from 86 countries attended the session.

Short Link: https://wp.me/pcj2iU-3Cq9

NNN

NNN: :is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor @ nnn.ng

Recent Posts

Foreign Ministry participates in Libyan stabilization conference in Tripoli #EndSARS: Edo govt pledges to pay N190m compensation to victims Gunmen attack prison in Oyo, free inmates WHO unveils new analysis tools on ESPEN data portal Minister directs early completion of Zungeru power plant BPE to uphold core values — Okoh Insurgency: Borno to close IDPs camps by Dec. 31 FG creates 74,413 employments through environmental projects Former associate of Trump’s lawyer found guilty of illegal campaign Climate change: Are wealthy polluters leaving vulnerable Africa behind? Sudan’s mass protests back civilian rule but army remains strong NDIC urges collaborations in cyber crime fight COVID-19: Banks still stable, resilient, says CBN Lagos acquires 750 hectares farmland for feedlots First Bank denies Otedola’s acquisition CBN supports healthcare sector with N200 billion to tackle medical tourism Niger confirms 11 security personnel killed in attack Court acquits ex-SEC boss, Munir Gwarzo, says ICPC failed to prove case against him Biden and Macron discuss ‘stronger’ European defense Swedish teen rapper killed in Stockholm shooting Kenya, Uganda launch synchronized mass delivery of drugs targeting trachoma Mali: alleged “disappearances”, executions by security forces 2023: Aregbesola in support of inmates’ right to vote – Aide Abuja-Kaduna train service resumes Saturday – FG NLC planning to open online TV for Nigerian workers – Wabba Declaration on the resumption of humanitarian activities in Burkina Faso Underdevelopment fuelling insurgency in North-East – Buratai US Ambassador Geeta Pasi and USAID Humanitarian Aid Office Administrator Assistant Sarah Charles visit Bahir Dar Over 80 million people affected as Africa launches new polio vaccine We’re still paying liquidation dividends to depositors of failed banks- NDIC Nigerian govt creates 74,413 employments through environmental projects African Development Bank launches consultations on new strategy for quality health infrastructure in Africa Nigerian fighter jets bombard ISWAP terrorists converging for meeting in 11 boats Global Director of TotalEnergies to speak at Libya Energy & Economic Summit 2021 France and WFP respond to the food and nutrition emergency in West and Central Africa Nigerian troops engage gunmen in shootout, rescue 6 abductees in Ekiti $ 30 million urgently needed to address worsening humanitarian situation in South Sudan as heavier rains and more flooding is expected in the coming months FCTA arrests 217 street beggars We’re closing all IDP camps in Maiduguri December – Zulum Lagos NYSC tasks outgoing corps members on utilisation of skills acquired 26 years after, Buhari mulls pardoning Ken Saro-Wiwa, 8 other Ogoni activists Beware of new virus that steals banking information, NCC alerts Nigerians Why Education is the only Weapon to Tackle Insecurity, Restiveness – Sen. Adeola Issuance Of E-Third Party Motor Insurance Certificate Begins Soon In Ogun Residents laud suspension of Abuja-Kaduna train service Chinese President XI writes Buhari, seeks to bolster relations Court jails man for stealing water tank New Permanent Representative of Benin presents his credentials to the Director-General of the United Nations Office at Geneva Excessive use of antibiotic causes odour at private part – Gyneacologist IOM Resumes Voluntary Humanitarian Return Flights From Libya After Months Of Suspension