AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)
Markets

Botswana signs agreement with global vaccine scheme for 20pc of population

  • The southern African country has registered a relatively low number of coronavirus cases, around 7,800 with 27 deaths.
  • Botswana made an upfront payment to COVAX this week and will have the option to secure roughly 940,800 vaccine doses under a two-dose regimen,
Published November 10, 2020

GABORONE: Botswana has signed an agreement with the global vaccine distribution scheme co-led by the World Health Organization, giving it the option to buy coronavirus vaccines for 20% of its population, a senior health official told Reuters.

The southern African country has registered a relatively low number of coronavirus cases, around 7,800 with 27 deaths, but its economy has been dealt a severe blow by the pandemic.

Unlike many other African countries, Botswana does not qualify for subsidised vaccines under the COVAX scheme because it is classified as an upper middle income country like neighbours Namibia and South Africa.

Botswana made an upfront payment to COVAX this week and will have the option to secure roughly 940,800 vaccine doses under a two-dose regimen, Moses Keetile, deputy permanent secretary in the health ministry, said in an interview.

Botswana's population is around 2.3 million.

"20% coverage is the initial allotment guaranteed under the arrangement," Keetile said.

With more than 180 countries involved, the COVAX facility aims to make available 2 billion doses of safe and effective COVID-19 vaccines by the end of 2021, with self-financing countries like Botswana participating either through optional purchase or committed purchase arrangements.

Botswana went for the optional purchase model to allow it to opt out at a later stage if necessary, Keetile said, adding that it would ask development partners to contribute towards payments to the facility that are outstanding.

Botswana could also consider bilateral deals with vaccine manufacturers if the need arises, but currently COVAX is its preferred procurement route.

The country recently reopened its international borders to try to support its battered tourism sector, a major foreign-exchange earner, and cushion the blow of a forecast economic contraction of around 9% this year.

Comments

Comments are closed.