EXCLUSIVE EU, Gates Foundation to support African medicines agency -source

BRUSSELS, Feb 11 (Reuters) – The European Union and the Gates Foundation are set to announce a package of financial support for the nascent efforts to set up an African medicines regulator in a bid to boost the continent’s drugs and vaccine production, a person familiar with the matter told Reuters.

The treaty establishing the African Medicines Agency (AMA) came into force in November but the agency currently exists only on paper. Decisions over who will lead the agency and where it will be headquartered are scheduled for this year.

Financial and technical support to the new agency is seen as crucial to help it to begin operations. This in turn would be a boost for the continent’s vaccine and drugs industry, which needs a trusted regulator to flourish.

The European Commission, Germany, France, Belgium, and the Gates Foundation will invest more than 100 million euros ($113.93 million) to support AMA and African national regulatory agencies, a person familiar with the plan told Reuters on Friday.

The goal is to allow these agencies to achieve what the World Health Organization (WHO) defines as Maturity Level 3 for vaccine producing, which is “the minimum WHO requirement for effective regulatory oversight for quality local vaccine production,” the official said.

According to an internal EU Commission document with slides, seen by Reuters, part of the money will be in grants and will also go to the European Medicines Agency.

EMA, which is the only continent-wide drugs regulator so far will “provide technical assistance to African counterparts via scientific collaboration, joint inspections, training, and notably the AMA,” the document says.

ENDING DEPENDENCE

The race to establish the AMA comes after the COVID-19 pandemic exposed the region’s dependence on imported vaccines and other pharmaceuticals. Just over 5% of medicines, and 1% of vaccines, consumed by the population of 1.2 billion people are produced locally.

Africa initially struggled to get COVID-19 vaccine doses as rich countries snapped up limited supplies. Deliveries to the continent later picked up, but just 10% of Africans are fully vaccinated.

Efforts are now underway to increase production but a regulator is necessary to approve drugs.

Preparing for future pandemics is only one reason a continental regulator is crucial for Africa, experts say.

Disparate regulations across 54 countries, and scant transparency, have led some pharmaceutical companies to drop efforts to register their products, leading to limited availability of important medicines in many African nations.

A lack of stringent oversight has enabled counterfeit drugs to flood African markets, in some cases causing needless deaths and fuelling scepticism of medicine.

The EU’s push to support the new regulator is part of a broad strategy to check China and Russia for influence in Africa, bloc officials in Brussels told Reuters. Brussels has donated hundreds of millions of COVID-19 doses to Africa in the past year.

($1 = 0.8777 euros)

Reporting by Francesco Guarascio in Brussels and Wendell Roelf in Cape Town; Additional reporting by Edward McAllister in Dakar, Michel Rose in Paris, Ludwig Berger in Berlin, and Giulia Paravicini in Addis Ababa Additional reporting and writing by Maggie Fick Editing by Louise Heavens and James Macharia Chege

Source: https://www.reuters.com/world/africa/exclusive-eu-gates-foundation-support-african-medicines-agency-source-2022-02-11/

World Economic Magazine

Recent Posts

Global Fashion Summit 2026, Copenhagen Sets Its Vision on Building Resilient Futures

Global Fashion Agenda has revealed Building Resilient Futures as the theme for the Global Fashion…

3 hours ago

Huawei Wins Best Technology Provider Award at Electricity Connect 2025

The Electricity Connect 2025 conference in Jakarta spotlighted Indonesia’s energy transition, with Huawei recognised as…

4 hours ago

3D Printed Boats Prepare to Rewrite the Future of Marine Manufacturing

After years of material science breakthroughs, a team proved that a rugged, sea-ready composite could…

1 day ago

TAHO Raises 3.5 Million Seed Round to Redefine Compute Infrastructure for the AI Era

TAHO, a Venice-based compute startup founded by ex-Meta and Google engineers, raised $3.5 million in…

4 days ago

Squirrel AI Founder Haoyang Li Spotlights Global Talent Transformation

The 9th Future Investment Initiative in Riyadh spotlighted how AI is rapidly redefining global growth,…

5 days ago

Onward Robotics Names Brendon Bielat Chief Product Officer

Onward Robotics has appointed Brendon Bielat as Chief Product Officer, strengthening its leadership team as…

5 days ago