• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Mastercard Foundation enters $45m partnership to manufacture vaccines in Africa

2 years ago
in Business, Features, highlights, Home, home-news, latest News
2 min read
0 0
0
104
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Mastercard Foundation enters $45m partnership to manufacture vaccines in Africa

Canadian-based Mastercard Foundation has entered a multi-year partnership with the Senegalese Foundation Institut Pasteur de Dakar (IPD) aimed at human capacity development for vaccine manufacturing.

The historic $ 45 million partnership named MADIBA (Manufacturing in Africa for Disease Immunization and Building Autonomy) will equip young Africans especially women with skills in vaccine manufacturing, research, production and distribution. A training centre will be set up to support the activities.

The goal of MADIBA syncs with the Senegalese government’s initiative “Plan Sénégal Émergent” (Emerging Senegal Plan) aimed at attaining self-sufficiency in the country’s pharmaceutical products by 2035. It also aligns with the African Union’s (AU) vision of fulfilling 60% of the continent’s vaccine needs by 2040.

The MADIBA initiative comes on the heels of vaccine inequality experienced during the covid-19 pandemic and the need for Africa to develop the capacity in meeting its future vaccine needs.

The health safety and economic security of Africans is of great concern not just to Mastercard but to the African Union (AU) and ensuring vaccine production locally forms a key pillar in the A.U’s agenda 2063.

The Africa Centre for Disease Control and Prevention (Africa CDC) had earlier in February this year set up the Regional Capability and Capacity Centre Network (RCCCN), tailored towards talent development for manufacturing and research, and selected the  Institut Pasteur de Dakar (IPD) as its pioneer centre.

RelatedPosts

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

Amadou Sall- CEO of IPD believes the partnership with Mastercard will foster human capital development for biomanufacturing in Africa.

According to him “The project is a crucial pillar for vaccine equity and autonomy and a significant driver for high-skilled job creation among young and female Africans.

We aim to train a workforce for MADIBA and other African vaccine manufacturers, develop partnerships with African universities and promote science education among young students.

We extend our gratitude to the Mastercard Foundation for investing in our mission to accelerate equitable and sustainable access to health in Africa along with other financial and technical partners of the MADIBA project,”

Before this partnership, Mastercard runs the Saving Lives and Livelihoods Initiative- a partnership with the Africa CDC to save the lives and livelihoods of millions of people in Africa, hastening the continent’s economic recovery.

President and CEO of the Mastercard Foundation Reeta Roy describes the partnership and the MADIBA project as a continuation of the Saving Lives and Livelihood Initiatives of the Mastercard Foundation.

In his words, “This partnership builds on the game-changing intent of the Saving Lives and Livelihoods initiative. That is, to keep everyone safe by rolling out COVID-19 vaccinations while ensuring Africa’s long-term health security by building vaccine manufacturing expertise and workforce on the continent. In the process, our collaboration will also benefit the livelihoods of young people in Africa.”

It is hoped that the partnership brings about the rapid development of formally trained personnel in Africa to support vaccine development initiatives in Africa.

Tags: MasterCard FoundationMastercard Foundation enters $45m partnership to manufacture vaccines in Africavaccines in Africa
No Result
View All Result

Highlights

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

Banking Sector Soundness Remains Robust in 2024 Amid Strong Profitability, Adequate Capital Buffers

Sha’Carri Richardson Withdraws from US Trials Following Arrest

From Singuluma to El Kaabi: Can CHAN 2024 Unleash the Next Hat-trick Hero?

Ghana to Welcome King’s Baton Relay on August 8 Ahead of 2026 Commonwealth Games

Trending

Features

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

August 2, 2025

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes Parliament has adjourned...

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

August 2, 2025

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

August 2, 2025

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

August 2, 2025
Bank of Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

August 2, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.