GAVI alliance approves more funds for delivery of COVAX vaccines as poorer nations desperate for Covid-19 shots

The GAVI vaccine

The GAVI vaccine alliance has approved a further $775 million to fund the provision of millions of Covid-19 vaccines to poor nations over the next two years as the African continent faces a “fast-surging third wave.”

In a press release on Friday, the GAVI vaccine alliance, which hosts the COVAX initiative, said the total funds available to cover the costs of delivering much-needed Covid-19 shots will rise to $925 million. The rise comes after GAVI bosses approved a further $775 million following a two-day board meeting this week. 

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