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The announcement came during a tour of the facility in Embakasi, Nairobi, led by Health Principal Secretary Harry Kimutai and World Bank Vice President for Human Development Mamta Murthi.
The Kenya BioVax Institute is spearheading the project, aiming to initially fill and package imported vaccines within the next five years.
This critical step towards vaccine self-sufficiency aligns with Kenya’s aspiration to meet its growing demand for vaccines, currently estimated at 16 million doses annually and projected to reach 25 million in the coming years.
“The World Bank is one of the biggest supporters of our journey to vaccine production,” said Mr. Kimutai, acknowledging the institution’s significant contribution. The facility boasts two filling lines, boasting the capacity to fulfill the anticipated demand.
This initiative comes at a pivotal moment, following the recent news of WHO approval for a Kenya-tested malaria vaccine.
The development of local vaccine production capabilities promises to strengthen Kenya’s healthcare system and contribute to broader regional and continental health security.
Egyptian semiconductor startup InfiniLink has raised $10 million in seed funding to accelerate the development of its energy-efficient optical connectivity solutions, designed for artificial intelligence (AI)- powered data centres.
Mobile money operator Wave has secured $137 million in debt to ramp up its operations and expand into additional African markets.
South African-based VC firm Knife Capital has closed its anticipated $50 million African Series B Expansion Fund.