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China pledges 1B COVID vaccine doses for Africa

patriot by patriot
December 1, 2021
in News
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China pledges 1B COVID vaccine doses for Africa

President Xi Jinping of China

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President Xi Jinping of China has pledged to deliver another 1 billion COVID vaccine doses to the African continent, an announcement he made during his speech to the Forum on China-Africa Cooperation (FOCAC) held in Dakar.

Xi said 600 million doses of China’s vaccines will be donated while the other 400 million doses will be produced through partnerships between Chinese companies and African countries.

“In addition, China will undertake 10 medical and health projects for African countries, and send 1,500 medical personnel and public health experts to Africa,” said Xi, in an English translation of his speech to the forum. It was held Monday and Tuesday in Senegal.

Xi’s speech underscored China’s investment in African nations. China has been Africa’s top trading partner for 12 years in a row, and China-Africa trade has increased by over 20 times since the year 2000, according to the Chinese foreign ministry. Direct investment has grown by more than 100 times, said Zhao Lijian, a ministry spokesman.

“Total Chinese FDI in Africa has exceeded US$43.4 billion, covering more than 50 countries and including an increment of over US$10 billion since the FOCAC Beijing Summit,” Zhao said Tuesday. “More than 3,500 Chinese companies are doing business in Africa, and have created over 4.5 million local jobs.”

President Macky Sall, whose country hosted the annual FOCAC forum, focused on the continent’s public health priorities as well as Senegal’s efforts to boost agricultural initiatives that provide jobs and support food security.

“I call on all member countries of FOCAC to continue to work together to strengthen our friendly, supportive and mutually beneficial partnership,” Sall said.

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  • TDR 1000 returns February 3, 2023
    The Dakar Rally, considered as one of the toughest in many years, is now something of the past and South African Rally-Raid competitors proved their talent while local race vehicle manufacturers and constructors showed their worth and returned from […]
  • Orange splashes P15.4m on FA CupFebruary 3, 2023
    NANCY RAMOKHUA editors@thepatriot.co.bw Orange Botswana through the Orange FA Cup has renewed its sponsorship with Botswana Football Association (BFA) for an additional three seasons valued at P5 138 000 00, an investment increase of 17%. The renewed collaboration will […]
  • Sefalana posts P4.9 billion revenueFebruary 2, 2023
    BAKANG TIRO editors@thepatriot.co.bw Diversified retail giant Sefalana has posted impressive set of results for the half year period ended 30 October, with the company recording P4.5 billion in total revenue. Botswana Stock Exchange (BSE) listed home grown retailer released […]
  • BSB lists P1 billion bondFebruary 2, 2023
    NANCY RAMOKHUA editors@thepatriot.co.bw Botswana Savings Bank (BSB) has listed a bond worth P1 billion with the Botswana Stock Exchange (BSE). The bond note programme will give BSB access to capital and provide alternative funding, reducing dependency on short- term […]
  • Botswana, OPEC seal P1.2 billion loan dealFebruary 2, 2023
    BAKANG TIRO editors@thepatriot.co.bw The Minister of Finance Peggy Serame is highly confident that the P1.2 billion loan that Botswana has secured from the Organisation of Petroleum Exporting Countries Fund for the International Development Fund (OPEC) will boost the country’s […]
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