π Tender Overview
Project Summary
Approval Date 27 Feb 2024
Planned Completion Date 28 Feb 2027
Last Disbursement Planned Date 28 Feb 2027
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Environmental Category: 3 Climate Safeguards Categorization: 3
Fragility Lens Assessment: Yes Gender Marker System Categorization: GEN III
Commitment U.A 9,220,761
Status Approved
Project General Description
The imperative for African nations to attain self-sufficiency in health products became apparent during the COVID-19 pandemic. Developed nations restricted distribution of COVID-19 vaccines, marginalizing African countries,and prompting a renewed commitment from African leaders to enhance local production. As of 2022, only 1% of Africa's vaccine needs and 30-40% of overall pharmaceutical demand was produced locally.
Project Objectives
The project aims to address the critical challenges of limited access to technology and weak regulatory environment in Africaβs pharmaceutical sector in order to improve production of medicines and other pharmaceutical products in Africa, contribute to improved access to such products for Africaβs population including for poor and marginalized populations, and boost the continentβs capacity to respond to pandemics. Therefore, the project development objective is to strengthen access to advanced pharmaceutical technologies and improve the pharmaceutical regulatory framework in Africa.
Beneficiaries
The project is expected to yield extensive benefits (outputs and outcomes) across the region and continent. The APTF's cutting-edge pharmaceutical research and technology innovations are expected to enhance healthcare outcomes by providing access to advanced medicines and treatments, addressing prevalent diseases, and contributing to the continent's overall health resilience.
Participating Organization
Implementing
Ministry of Health
Funding
African Development Fund