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Author: APO Group
MADRID, Spain, April 16, 2021/APO Group/ —
The Portuguese Presidency of the Council of the European Union, in collaboration with the European Investment Bank (EIB) and the Spanish Ministry of Foreign Affairs, European Union and Cooperation today hosted a discussion day on energy transition in Africa. The event was held as part of the EU-Africa Green Talks: New investment pathways towards sustainable, inclusive development, which the Portuguese diplomatic representations, the EIB, and other partners are organizing in Africa and Europe, prior to the main event, the https://bit.ly/3wZW1bt.
The Green Talks will allow participants to share local perspectives on sustainable development and green investment driven by the public and private sectors throughout Africa. The talks will examine recent successful investments to identify innovative approaches and opportunities to mobilize public and private capital in support to the green transition in Africa.
Today’s event in Madrid was opened by Portugal’s ambassador to Spain
African leaders assembled at a global meeting to discuss the status of local pharmaceutical manufacturing on the continent, underscored the need to increase local production of vaccines and therapeutics to achieve greater public-health security.
“The production of vaccines and access to vaccines is an absolute priority,” Cyril Ramaphosa, President of South Africa, said Monday in opening remarks at the start of the two-day virtual meeting, convened by the African Union.
The meeting was attended by several African heads of state, health, finance, and trade ministers from across the continent, as well as officials from global financial institutions, foundations, pharmaceutical manufacturers, business leaders, and the general public. The African Development Bank was represented by Solomon Quaynor, Vice President Private Sector, Infrastructure, and Industrialization.
Although Africa consumes approximately one-quarter of global vaccines by volume, it manufactures less than 1% of its routine vaccines, with almost no outbreak vaccine manufacturing in place. The