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Pfizer Supplies One Billionth Pneumococcal Conjugated Vaccine Dose for Vaccination of Children in Lower- Income Countries Through Gavi, the Vaccine Alliance

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Pfizer

The Vaccine Alliance is a public-private partnership that brings together governments, global health organizations, the vaccine industry and other sectors to increase equitable and sustainable access to vaccines

The billionth dose is an exciting milestone and a testament to the commitment and cooperation of Pfizer, Gavi and other partners to help children in Ethiopia and around the world

NEW YORK, United States of America, October 22, 2024/APO Group/ —

  • The 1 billionth pneumococcal vaccine dose was delivered to Ethiopia
  • Since 2010, Pfizer pneumococcal vaccines have reached 57 Gavi-eligible countries to help protect an estimated 300 million plus children
  • The collaboration is a part of Pfizer’s commitment to help close the global health equity gap and bring our medicines and vaccines to vulnerable communities on a not-for-profit basis

Pfizer (www.Pfizer.com) today announced it has supplied its 1 billionth pneumococcal conjugate vaccine (PCV) through its collaboration with Gavi, the Vaccine Alliance. The billionth dose was delivered to Ethiopia for use in its national immunization program to help protect children from pneumococcal disease. 

Globally, pneumonia is the single largest infectious cause of mortality in children under five [1]. Gavi, the Vaccine Alliance is a public-private partnership that brings together governments, global health organizations, the vaccine industry and other sectors to increase equitable and sustainable access to vaccines for some of the world’s deadliest diseases, like pneumonia.

In 2009, Gavi established the Pneumococcal Advance Market Commitment (AMC), a public-private health financing mechanism designed to create a sustainable marketplace, enabling investment in development and manufacturing and providing an affordable and stable supply of vaccines at a highly subsidized price for supply to children in low- and lower-middle income Gavi-eligible countries. Pfizer was one of the first manufacturers to participate in the AMC. To date, its vaccines have reached 57 Gavi-eligible countries, and they are estimated to have helped protect more than 300 million children from pneumococcal disease [2].

Gavi’s success in immunizing over a billion children since 2000 is built upon its unique multistakeholder model. Vaccine manufacturers play a critical role in this partnership, helping us build healthy, affordable markets for vaccines and delivering innovative new solutions. We are proud of reaching this important milestone together with Pfizer and look forward to impactful collaboration in the future.” – Dr Sania Nishtar, CEO, Gavi, the Vaccine Alliance.

In Ethiopia, more than 40,000 children under five die from pneumonia annually [3]. It is a leading cause of death during the postnatal period, accounting for 20% of deaths in this age group every year [4]. Since 2020, Pfizer has supplied more than 40 million pneumococcal vaccines to support the country’s vaccination efforts.   

“Pediatric pneumococcal vaccines are critical in our fight against one of our nation’s most urgent public health challenges. With the support of Gavi, we have been able to provide access to these vaccines to help protect our most vulnerable citizens. The billionth dose is an exciting milestone and a testament to the commitment and cooperation of Pfizer, Gavi and other partners to help children in Ethiopia and around the world have a healthier start in life.” said Mr. Melkamu Ayalew, Head of Immunization, Federal Ministry of Health, Ethiopia.

Today, more than 50 percent of Pfizer pneumococcal vaccines manufactured are supplied to support access in low- and lower-middle-income countries on a not-for-profit basis through its collaboration with Gavi.

We are thrilled to have reached such an incredible milestone through our continued collaboration with Gavi to ensure children around the world have the opportunity to live longer and healthier lives, but our work does not end here,” said Pfizer Emerging Markets President Nick Lagunowich. “Through collaborations like this one and our ‘Accord for a Healthier World’ initiative, which is working to expand access to all of the medicines and vaccines for which we have global rights, in 45 lower-income countries, we will continue to collaborate with global health organizations, governments and others to enable sustained, not-for-profit access to breakthrough medicines and vaccines and to help to close the health equity gap for the most vulnerable.”

Since the Pneumococcal AMC was first established, significant progress in the fight to protect children against pneumococcal disease has been made. Global PCV coverage has increased six-fold from 10 percent in 2010 to 65 percent in 2023 [5]. However, this falls short of the Immunization Agenda 2030 target of 90 percent [6], signaling that there is more work to be done. Ensuring more children are vaccinated against vaccine-preventable diseases, like pneumococcal disease, goes beyond providing individuals with protection against severe disease and death. It can help uplift communities and countries by promoting health equity [7], increasing economic productivity [8] and reducing the cost burden on healthcare systems [9].

Pfizer’s collaboration with Gavi, the Vaccine Alliance is part of the company’s broader commitment to help address health equity gaps around the world and enable accelerated access to medicines and vaccines. Pfizer’s Accord for a Healthier World (http://apo-opa.co/3UhWbbB) initiative is a first-of-its-kind effort to increase access for 1.2 billion people living in 45 lower-income countries around the world. Through the Accord, Pfizer has committed to provide access to the full portfolio of medicines and vaccines for which it has global rights on a not-for-profit basis to eligible countries while also collaborating with governments and others to address the system-level barriers that can prevent access to these products to the people that need them. 


[1] WHO. 2022. Pneumonia in children. Available at: https://apo-opa.co/3UgxZWM. Accessed September 2024.

[2] Pfizer Inc. 2024. Data on file – Patient counts are estimates derived from Pfizer internal data sources” Pneumonia Prevalence and Associated Risk.

[3] Alamneh YM, Adane F. Magnitude and Predictors of Pneumonia among Under-Five Children in Ethiopia: A Systematic Review and Meta-Analysis. J Environ Public Health. 2020 May 30;2020:1606783. doi: 10.1155/2020/1606783. PMID: 32565837; PMCID: PMC7277048. Available at: https://apo-opa.co/3BXsXZi. Accessed September 2024.

[4] Leka Lutpiatina, Lilis Sulistyorini, Ririh Yudhastuti, Hari Basuki Notobroto, Prediction of Toddlers Acute Respiratory Infection (ARI) to Become Pneumonia in Martapura Catchment Area, Banjar District, Indonesia, Global Pediatric Health, 10.1177/2333794X241227694, 11, (2024). Available at: https://apo-opa.co/48i3823. Accessed September 2024.

[5] WHO. 2024. Pneumococcal Vaccination Coverage. Available at: https://apo-opa.co/3Umsi9V Accessed September 2024.

[6] WHO. 2021. Implementing the Immunization Agenda 2030. Available at: https://apo-opa.co/48lhhvh Accessed September 2024.

[7] Luyten J and Beutels P. 2016. The Social Value Of Vaccination Programs: Beyond Cost-Effectiveness. Health Affairs. 35(2). Available at: https://apo-opa.co/3UkIk45 Accessed September 2024.

[8] Masia NA, Smerling J, Kapfidaze T et al. 2018. Vaccination and GDP Growth Rates: Exploring the Links in a Conditional Convergence Framework. World Development. 103;88-99. Available at: https://apo-opa.co/3Ui30d6 Accessed September 2024.

[9] Chen C, Liceras FC, Flasche S et al. 2019. Effect and cost-effectiveness of pneumococcal conjugate vaccination: a global modelling analysis. The Lancet. 7(1);58-67. Available at: https://apo-opa.co/48fnDfI Accessed September 2024.

Distributed by APO Group on behalf of Pfizer.

Energy

U.S.-Africa Energy & Minerals Forum Expands to Critical Minerals and Supply Chain Security

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Africa

This year’s U.S.-Africa Energy & Minerals Forum in Houston signals a strategic shift toward integrated energy and critical minerals investment, strengthening U.S. partnerships across Africa’s resource and industrial value chains

HOUSTON, United States of America, February 26, 2026/APO Group/ –The U.S.-Africa Energy & Minerals Forum (USAEMF) has relaunched with a dedicated focus on critical minerals, marking an important evolution in its role as a platform for U.S.-Africa commercial engagement. Building on its foundation in energy, power and industrial projects, the forum’s expanded scope positions it at the center of investment conversations shaping the future energy economy.

 

Scheduled for July 21–22, 2026, in Houston, Texas, USAEMF comes at a time of surging global demand for copper, cobalt, lithium, manganese and rare earth elements, driven by electrification, battery storage, AI infrastructure and advanced manufacturing. Africa is increasingly critical to securing these materials, highlighting how energy and minerals are now interconnected pillars of industrial growth, geopolitical stability and decarbonization.

The forum’s minerals mandate deepens engagement with African producers – particularly the Democratic Republic of Congo (DRC), home to some of the world’s largest copper and cobalt reserves. Momentum is building through the U.S.–DRC strategic minerals framework and the U.S.-backed Orion Critical Mineral Consortium, a major investment platform supported by the DFC and private partners. The consortium is pursuing a 40% stake in the Mutanda and Kamoto copper-cobalt operations in a $9 billion transaction, securing long-term supply for allied markets while reinforcing cooperation on infrastructure, security and supply-chain governance.

Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties

U.S. financing is also expanding across the region, with the DFC managing a continental portfolio exceeding $13 billion to support mining, processing and transport infrastructure for critical mineral supply chains. Recent commitments include rare earth, graphite and potash projects in Malawi, Mozambique and Gabon; broader investments in Uganda, Tanzania, Zambia and South Africa; and $553 million linked to the development of the Lobito Corridor. The DFC is also a major backer of TechMet, a U.S.-supported investment firm valued at over $1 billion, which is raising up to $200 million to expand copper, cobalt, lithium and rare earth assets and pursue new opportunities across the DRC and Zambia. Together, these initiatives underscore Washington’s push to diversify battery-mineral supply while positioning Africa as a long-term partner in clean energy and industrial value chains.

Houston’s role as host city reflects the alignment between American industrial capacity and African resource development. Long established as a global energy hub, the city is expanding into energy transition technologies, advanced materials, carbon management and industrial innovation. By convening African governments with U.S. private equity, development finance institutions, exporters, insurers and technical service providers, the forum creates a commercial platform capable of converting mineral potential into bankable projects.

“The evolution from USAEF to USAEMF reflects a broader shift toward integrated energy and mineral development,” states Nadine Levin, Portfolio Director at Energy Capital & Power, forum organizers. “Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties and advances projects that deliver long-term shared value.”

While critical minerals define the forum’s strategic expansion, the U.S.’ longstanding role in Africa’s energy sector remains central to the platform’s value proposition. American energy companies continue to advance exploration and development across key upstream markets, support gas monetization in the Gulf of Guinea and revitalize mature production in North Africa. U.S. export credit and development finance are also helping unlock large-scale LNG capacity in Mozambique while supporting optimization and expansion across existing gas infrastructure in West Africa – demonstrating how American capital, engineering expertise and risk-mitigation tools convert resource potential into delivered energy systems.

USAEMF is the leading platform connecting U.S. capital and technical expertise with Africa’s energy and minerals sectors. For more information or to participate at the upcoming forum, please contact sales@energycapitalpower.com

Distributed by APO Group on behalf of Energy Capital & Power.

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Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

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Pesalink

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders

NAIROBI, Kenya, February 26, 2026/APO Group/ —

  • Instant 24/7 bank-to-bank transfers across African borders in local currencies.
  • Simpler cross-border payments for individuals, businesses, and SMEs.
  • 80 plus Pesalink network participants now linked to 160 plus PAPSS participating banks.

 

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration.

 

The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This reduces complex correspondent banking requirements and reliance on foreign reserve currencies.

 

Kenyan banks will now be able to offer faster, cheaper cross-border payments

PAPSS, an initiative of the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the AfCFTA Secretariat, enables cross-border payments between African countries. Pesalink is now a Technical Connectivity Provider. It means that 80 plus Kenyan bank, fintech, SACCO and telco participants on the Pesalink network will be connected to 160 plus commercial banks and fintechs on the PAPSS platform.

 

Cross-border payments remain expensive and slow for many African businesses. The 2023 (http://apo-opa.co/4baDSh7) World Bank Remittance Prices report indicates that sending money across African borders incurs on average 7-8% of the total value sent (above the global average of 6–7%). Settlement can also take three to seven business days.

 

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders.

 

Speaking during the partnership signing held at Pesalink offices in Nairobi, PAPSS CEO Mike Ogbalu III said, “For PAPSS to deliver true impact, collaboration with national and private switches like Pesalink is essential. Pesalink is the first switch we’ve piloted for transaction termination in Kenya, and we are already seeing greater adoption by opening more channels for seamless, local-currency cross-border payments across Africa.”

 

Pesalink CEO, Gituku Kirika, said “Kenyan banks will now be able to offer faster, cheaper cross-border payments. They will be helping their customers grow more regional trading relationships and thrive in a more integrated digital economy.”

Distributed by APO Group on behalf of Afreximbank.

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Events

Africa Trade Conference Returns to Cape Town with Esteemed Speakers Driving Africa’s Trade Agenda

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Africa

Second edition convenes global policymakers, business leaders, and innovators to accelerate Africa’s integration into global trade

CAPE TOWN, South Africa, February 26, 2026/APO Group/ –Access Bank Plc (www.AccessBankPLC.com) is proud to announce the distinguished line-up of speakers for the second edition of the Africa Trade Conference (ATC 2026), scheduled to take place on March 11, 2026, at the Cape Town International Convention Centre, Cape Town, South Africa. Building on the strong foundation of its inaugural edition, ATC 2026 will convene an exceptional assembly of global and African leaders, policymakers, investors, and business executives committed to shaping the future of trade on the continent.

The Africa Trade Conference has rapidly emerged as a premier platform for advancing dialogue and action around Africa’s evolving role in global commerce. The 2026 edition will feature influential voices from across finance, government, development institutions, and the private sector, who will share insights on unlocking trade opportunities, strengthening intra-African commerce, enabling business expansion, and positioning African enterprises for global competitiveness.

The confirmed speakers represent a powerful cross-section of leaders driving Africa’s economic transformation.

Building on the momentum of its maiden edition, which convened senior decision-makers from 28 countries, the 2026 conference with the theme “Turning Vision into Velocity: Building Africa’s Trade Ecosystem for Real-World Impact”, will have the keynote address delivered by Kennedy Mbekeani, Director General, Southern Africa Region, African Development Bank (AfDB), alongside Kwabena Ayirebi, Managing Director, Banking Operations at the African Export-Import Bank. Their joint keynote will address the evolving financing landscape for African trade and the strategic pathways for unlocking continental prosperity.

The welcome address will be delivered by Roosevelt Ogbonna, CEO/GMD, Access Bank Plc, who will set the tone for discussions centered on trade transformation, financial inclusion, and regional competitiveness, while Tolu Oyekan, Managing Director & Partner at Boston Consulting Group, will deliver insights on “Africa Trade Outlook 2026”, examining emerging macroeconomic trends, supply chain shifts, and growth opportunities across key sectors.  The CEO of Pan-African Payment and Settlement System, Mike Ogbalu, will be engaging the conference participants on the topic, “Building a Connected Africa Through Trade, Payments & Technology”, focusing on how payment interoperability and digital infrastructure can accelerate the African Continental Free Trade Area (AfCFTA) agenda.

The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us

The conference will also host a High-Level Ministerial Panel that features Elizabeth Ofosu-Adjare, the Minister for Trade, Agribusiness & Industry, Ghana; Tiroeaone Ntsima, Minister of Trade and Entrepreneurship, Botswana; Mr. Florian Witt, Divisional Head, International & Corporate Banking Oddo-BHF, Ms. Nathalie Louat – Global Director, International Finance Corporation (IFC), Dr Isaiah Rathumba – Head of Department, Limpopo Economic Development, Environment and Tourism and Mr. Alfred Idialu – Chief Rep Officer, Deutsche Bank among other policymakers shaping trade policy across the continent.

Commenting on the announcement, Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc, said:
“The Africa Trade Conference reflects our unwavering commitment to advancing Africa’s economic transformation by creating a platform that brings together the leaders, institutions, and ideas shaping the future of trade. The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us. Africa is not only participating in global trade, it is helping to redefine it. Through this convening, we aim to catalyse partnerships, unlock new opportunities for businesses, and accelerate Africa’s integration into global value chains.”

“At Access Bank, we see ourselves not just as financiers, but as connectors of markets, ideas, and opportunities. Our role is to help African businesses move from ambition to impact, from local relevance to global competitiveness.”

With operations in 24 countries globally, including 16 across Africa, Access Bank’s expansive footprint places it in a unique position to facilitate cross-border trade, unlock regional value chains, and simplify the complexities of doing business across markets.

“Our presence across Africa and key global corridors gives us a front-row seat to the realities of trade. It also gives us the responsibility to design solutions that are inclusive, scalable, and future facing. ATC 2026 is part of that commitment, Ogbonna added.

ATC 2026 is expected to catalyze partnerships, enable policy dialogue, and provide actionable strategies for businesses operating within and beyond the continent.

The Access Bank Chief puts it thus, “Africa will not be a spectator in the remaking of global trade. We will be one of its architects. ATC 2026 is where those blueprints will be drawn.”

For more information and registration, please visit https://apo-opa.co/4sdXWF7

Distributed by APO Group on behalf of Access Bank PLC.

 

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