1.3 billion dollars donated to Africa by the Mastercard Foundation

1.3 billion dollars donated to Africa by the Mastercard Foundation
1.3 billion dollars donated to Africa by the Mastercard Foundation

WASHINGTON – The Mastercard Foundation has donated $ 1.3 billion to support Africa in the fight against the coronavirus pandemic.

This was announced by the foundation itself, as reported by the Washington Post.

The large sum of money will be used to purchase vaccines for over 50 million Africans, to consolidate local production and to strengthen health in general.

“It is urgent to ensure equal access to vaccines across Africa,” said Reety Roy, CEO of the foundation. “This initiative aims to accelerate the continent’s economic recovery.”

The funding, which represents one of the largest donations in the fight against the pandemic, will be distributed over three years in collaboration with the Africa Centers for Disease Control and Prevention. Under the terms of the agreement, African CDCs will be tasked with overseeing the distribution of funds across the continent for a range of services, including workforce training and community involvement.

The World Health Organization (WHO) has long reaffirmed the importance of allowing equal access to vaccines for all. Over the course of this week, G7 world leaders are expected to discuss the issue, to understand how to tackle global vaccination inequality: fewer than 2 percent of people in Africa have received at least one dose of a coronavirus vaccine. On the other hand, about 40% of people in North America and the European Union have received at least one dose of the vaccine.

Source

billion dollars donated Africa Mastercard Foundation

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