World Bank Offers Africa $12Bn Vaccination Loans

Monday, February 01, 2021

The World Bank says it has set aside $12 billion (P131 billion) to support African countries’ coronavirus (COVID-19) vaccination programmes through grants or ‘highly concessional’ loans.

The commitment comes as the continent lags behind the rest of the world in the deployment of available COVID-19 vaccines, a situation that the World Health Organisation (WHO) has called “a global moral failure”.

Botswana is amongst African states that have approached the World Bank for COVID-19 vaccine loan support, in line with President Mokgweetsi Masisi’s recently announced commitment to “vaccinate the entire country”.

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