Close Menu
    • ABOUT
    • BOOK STORE
    • ENTREPRENEURSHIP
    • ESG
    • EVENTS & AWARDS
    • POLITICS
    • GADGETS
    • CONTACT
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) LinkedIn
    Business explainerBusiness explainer
    Subscribe
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    Business explainerBusiness explainer
    Home » South Africa, Germany sign agreement for vaccines production
    ECONOMY

    South Africa, Germany sign agreement for vaccines production

    September 15, 2023
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Enoch Godongwana - Finance Minister, Photo by Gallo Images/Brenton Geach
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Germany’s KfW Development Bank will provide South Africa with €20 million over a period of five years for vaccine production.

    1. The grant will be specifically used for financing equipment related to the development, production, and certification of active pharmaceutical ingredients for vaccine production in South Africa.
    2. The funding will support the mRNA technology transfer hub hosted by South Africa for the World Health Organization (WHO). The hub aims to establish or enhance sustainable mRNA vaccine manufacturing capacity in regions with limited or no capacity.
    3. The objectives of the technology transfer hub include promoting regional research and development, strengthening bio-manufacturing know-how and workforce development, and developing regulatory capabilities for the approval and distribution of mRNA vaccines.
    4. The German government’s commitment to supporting vaccine production in South Africa is in response to the WHO’s decision during the COVID-19 pandemic.
    5. The Department of Science and Innovation (DSI) is the recipient of the financial support on behalf of the South African government, and the DSI’s Director-General, Dr Phil Mjwara, is recognized as the custodian and leader of the South African vaccine manufacturing strategy.
    6. The South African Medical Research Council (SAMRC) will be the project executing agency and will report to the DSI through a steering committee. The SAMRC will play a crucial role in establishing a vaccine manufacturing industry in Sub-Saharan Africa.
    7. KfW will appoint an implementation consultant to provide sector-specific support for project planning, management, monitoring, and evaluation.
    8. The collaboration between South Africa and Germany aims to strengthen continental vaccine manufacturing capacities and leverage South Africa’s world-class research institutions and solid industry for independent vaccine research, development, and production.
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleFirstRand escapes credit loss
    Next Article OUTsurance sees rise in earnings

    Related Posts

    Marc Wachsberger Says Skills Gap Hurts Hotels

    April 10, 2026

    Rising Tax Revenues and Mining gGains Lift Namibia’s Economy

    April 10, 2026

    HARRY SCHERZER: South Africa Faces First Major Test Since the GNU

    April 7, 2026
    Top Posts

    Construction Boom Delivers 176,000 Jobs as Unemployment Eases

    November 11, 2025

    B-BBEE is Justice and the Only Way Forward, Says Dr Moleko

    November 16, 2025

    Volkswagen Chief Praises Chinese Competition for Sparking Innovation

    November 7, 2025

    Seven Families Sue OpenAI In ChatGPT Suicide Scandal

    November 10, 2025
    Don't Miss

    Momentum Says SA Assets Undervalued Despite Weak Q1 Performance

    MARKETS

    Global financial markets outperformed South African assets in the first quarter of 2026, as escalating…

    How The Source Solutions Built A Trusted Business

    April 10, 2026

    Wendy Myers Breaks Down Stock Market Jargon For New Investors

    April 10, 2026

    The Kia Tasman Will Start at R679,995

    April 10, 2026
    Stay In Touch
    • Twitter
    • LinkedIn
    • Facebook
    About Us
    About Us

    From the latest product launches and company earnings to economic trends and industry disruptions, we distill the most critical details and implications – breaking through the jargon and wordiness to give you just what matters most.

    Facebook X (Twitter) LinkedIn
    Categories
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    contact us
    • Get In Touch
    © 2026 Business Explainer
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.