• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Economy Socio Economic

South Africa moves to become first African country to produce COVID-19 vaccine

Chike Olisah by Chike Olisah
August 27, 2020
in Socio Economic
AstraZeneca suspends COVID-19 vaccine final stage trial over safety concerns, COVID-19: J&J starts vaccine trials on humans after success on monkeys
Share on FacebookShare on TwitterShare on Linkedin

South Africa may soon become the first African country to produce COVID-19 vaccine, as the country moves to sign a deal to help produce the vaccine.

This may potentially increase access to immunization for the African continent which has limited manufacturing capacity.

The Chairperson of the Scientific Advisory Board of the Coalition for Epidemic Preparedness Innovations, Helen Rees, said that Cape Town-based Biovac Institute is being considered as a fill-finish site by her organization. The state-owned vaccine company is regarded as one of the few in the country that has the capacity to package doses into sterile dispensers once clinical trials are successful.

RelatedStories

Covid-19: AstraZeneca vaccine gets huge boost, produces immune response in elderly, Vaccine, COVID-19: Russia to roll out vaccine in September ahead of the West 

AstraZenaca to launch new COVID-19 prevention drug amid global withdrawal of vaccine 

May 17, 2024
Moderna

Moderna Shares fall by 6.5% after reported loss in sales, production of Covid 19 vaccine

November 3, 2023

READ: Moderna to supply 80 million doses of its COVID-19 vaccine to European Union

“Covid-19 has really thrown into focus that we have very limited capacity for vaccine manufacturing across the African continent, even in countries like South Africa. But there’s tremendous interest and we need to have more countries being able to manufacture vaccines,” Rees said.

Biovac’s Chief Executive Officer, Morena Makhoana, while answering questions regarding this said, “What we are looking at is partnerships. Once that is signed, we will be able to make an announcement.’’

Makhoana disclosed that a production agreement will put Africa on a similar path to other continents just as they are doing with the clinical trials.

READ: Nigeria leads Africa combined in Q2 2020 on BTC P2P

South Africa is the only African country with several clinical studies, with 2,000 people in the AstraZeneca and University of Oxford vaccine trial and Novavax Inc announcing the commencement of phase 2b clinical trial earlier this month.

Meanwhile, the Chief Executive Officer of the South African Medical Research Council, Glenda Gray, said that 20% of the 60,000 volunteers that has been slated for enrollment globally in the Johnson & Johnson Covid-19 vaccine trial will be in South Africa.

READ: Microsoft shares fall, despite impressive Q2 2020

This will come as a welcome development to South Africa which currently has 615,701 confirmed cases with 13,502 confirmed deaths, the highest in the continent by far. The country is currently probing corruption allegations against some government officials over some COVID-19 related government contracts.

It can be recalled that in a related development, Pfizer had assured Nigeria of COVID-19 vaccine as the country remains a priority, once the vaccine has been certified. This assurance took place during a virtual meeting with Nigeria’s Vice President, Yemi Osibajo, during a virtual meeting where he sought for supply of the Covid-19 vaccine from the developers once they are ready.


Follow us for Breaking News and Market Intelligence.
Tags: BiovacCoalition for Epidemic Preparedness InnovationsCovid-19 vaccine
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

Covid-19: AstraZeneca vaccine gets huge boost, produces immune response in elderly, Vaccine, COVID-19: Russia to roll out vaccine in September ahead of the West 
Health

AstraZenaca to launch new COVID-19 prevention drug amid global withdrawal of vaccine 

May 17, 2024
Moderna
Health

Moderna Shares fall by 6.5% after reported loss in sales, production of Covid 19 vaccine

November 3, 2023
FEC approves process for indigenisation of vaccine production
Socio Economic

FEC approves process for indigenisation of vaccine production in Nigeria

September 15, 2022
CBN, THE SILVER LININGS OF COVID-19
Socio Economic

China approves world’s first inhalable Covid-19 vaccine in history

September 5, 2022
Canada to ease travel requirements as COVID-19 infection rates decline
Socio Economic

Canada to ease travel requirements as COVID-19 infection rates decline

February 16, 2022
Joe Biden gains additional 4.6 million Twitter followers in less than 12 hours
Socio Economic

US Supreme Court blocks Biden’s vaccine mandate for large businesses

January 14, 2022
Next Post
Refinery, CORAN, crude oil, PMS

Waltersmith Petroman Oil to expand output by 600%, as it opens mini-refinery soon

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

first bank








DUNS

Recent News

  • Trade between Nigeria and Egypt hits $315 million in 2024 – Egyptian Foreign Minister 
  • Lafarge Africa delivers record revenue of N269 billion in Q2, operating profit up 153%, and profit after tax surges to N84.03 billion 
  • CAC postpones service fees implementation to September 1 over transitional challenges 

Follow us on social media:

Recent News

Trade between Nigeria and Egypt hits $315 million in 2024 – Egyptian Foreign Minister 

Trade between Nigeria and Egypt hits $315 million in 2024 – Egyptian Foreign Minister 

July 21, 2025
Lafarge Africa posts N152.2 billion pre-tax profit in 2024, declares a final dividend of 120 kobo  

Lafarge Africa delivers record revenue of N269 billion in Q2, operating profit up 153%, and profit after tax surges to N84.03 billion 

July 21, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics