Members of the Africa Investment Forum team announced two projects with a joint value of around $ 140 million. The announcement was made at a virtual investor roundtable, held on October 21, which is part of a series of events hosted by the Africa Investment Forum.
The first project, costing $ 96 million, involves the development of a 250-bed specialized hospital providing world-class health services in West Africa. The country to host the infrastructure, however, has not been disclosed.
The second concerns the construction of a $ 45 million WHO prequalified vaccine production plant in East Africa that will be able to routinely produce three vaccines, including for Covid-19.
In addition to the health issue, the panelists also looked at the other four priority investment sectors as part of the Africa Investment Forum’s unified response to the pillars of Covid-19, namely agro-industry, energy and climate change, ICT / Telecoms, and industrialization and trade.
The Africa Investment Forum was launched in 2018 by eight founding partners: the African Development Bank, Africa 50; the African Finance Corporation; the African Import-Export Bank; the Development Bank of Southern Africa; the Bank of Commerce and Development; the European Investment Bank; and the Islamic Development Bank.
