African Development Bank (ADB) pledges USD 3 billion for the development of the pharmaceutical industry in Africa in the next 10 years. health, during the United Nations General Assembly taking place in the US city of New York, world leaders expressed the urgent need to increase production and access to vaccines against COVID-19, following a pandemic that caused losses unprecedented economic and health care systems on the failing African continent. Their voices were amplified by AfDB President Akinwumi A. Adesina, World Trade Organization (WTO) Director General Ngozi Okonjo-Iweala, and Deputy president and partner Global Infrastructure Partners, Jim Yong Kim. The three participated in a panel that focused on the balance between the scales of global health and the consequences of the new Coronavirus. To protect the continent from future pandemics and other health crises, Adesina emphasized the need to build production and health care capacity. in Africa. “Africa cannot outsource its health to the rest of the world. We have to build Africa’s indigenous production capacity….we need to make sure,” said Adesina, addressing what she said was one of the biggest lessons of the pandemic – the need for Africa to trust itself. Richard Quest, who moderated the session, what they, as world leaders, were doing to close the dangerous gulf, Okonjo-Iweala said his top two priorities were to get that countries with a glut of vaccines to donate them to COVAX, the initiative led by the Coalition for Epidemic Preparedness Innovations, the Vaccine Alliance Gavi and the World Organization On the same issue, Jim Yong Kim lamented the lack of leadership in the current global health crisis. Adesina said the AfDB would contribute $3 billion to the development of the African pharmaceutical industry over the next 10 years. The path to that capacity are the various trade restrictions and barriers, intellectual property rights and lack of raw materials, which are making it even more difficult for African countries to enter the game. This year’s 76th UN General Assembly focuses more on fight against the COVID-19 pandemic, which has seriously hit African economies, despite the lower number of deaths on the continent. GDP contracted 2.1 percent in 2020, falling 6.1 percentage points from pre-COVID-19 forecasts. Furthermore, only a handful of countries have fulfilled their commitment to devote at least 15 percent of their national budget lines to improving and maintaining adequate health systems.

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