• News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
MSME Africa
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
MSME Africa
No Result
View All Result

China and Korea Provide $4 Million to Africa CDC Amid U.S. Aid Cuts

Olusola Blessing by Olusola Blessing
February 22, 2025
in Health, News
0
China and Korea Provide $4 Million to Africa CDC Amid U.S. Aid Cuts
Share

China and Korea have contributed $4 million to the Africa Centres for Disease Control and Prevention (Africa CDC) to help address urgent health funding needs. This support follows a reduction in U.S. aid, which has created financial gaps for the pan-African public health agency.  

Africa CDC had expected $500 million in funding from the U.S., but this has been cut to $385 million, leaving a shortfall. The agency, which relies heavily on external funding, is now working to bridge the gap through alternative sources.  

Africa CDC Director-General Jean Kaseya said the organization is engaging with the U.S. government, emphasizing that Africa’s health security is also global security. He added that talks are ongoing with private sector players, though he did not name specific organizations.  

To strengthen its financial position, Africa CDC has launched the African Epidemic Fund, approved last week. This fund includes leftover COVID-19 resources and will help address funding shortages through locally raised contributions. Kaseya noted that the fund provides flexibility, allowing Africa CDC to respond swiftly to outbreaks and build resilient health systems without requiring approval from the African Union.  

There is also renewed focus on boosting local vaccine production. Next week, an agreement for a technical transfer of the mpox vaccine from Bavarian Nordic A/S to an African company is expected to be finalized, though the company’s name has not been disclosed.  

The financial strain on Africa’s health sector comes at a critical time, as multiple crises threaten to reverse years of progress in health security and economic development. Kaseya has warned that without urgent action, financial constraints could lead to 2 to 4 million additional deaths annually from preventable diseases. He also highlighted the broader economic impact, with projections indicating that 39 million more people could fall into poverty, costing the continent billions each year.  

Africa CDC continues to seek sustainable funding solutions to ensure long-term health security for the continent.  

Post Views: 47
Share

Related Posts:

  • MSME Africa Unveils Top 50 Remarkable MSME Founders 2023, Awards them $25,000 in Media Credits
    MSME Africa Unveils Top 50 Remarkable MSME Founders…
  • Best Cities to live as an Entrepreneur in Nigeria
    Ultimate 2024 Guide to the Top Business Enabling…
  • AfDB, Korea sign $28.6m grant agreement to support Africa’s development
    AfDB, Korea sign $28.6m grant agreement to support…
  • Africa must prepare for the inevitability of a global food crisis - Akinwumi Adesina
    Overcoming Binding Constraints to Competitive…
  • Sustainability Impact and why Businesses Should Monitor them
    How To Identify Internal And External Issues in Your…
  • Are religious centres the answer to boosting data availability in Sub-Saharan Africa?
    Are religious centres the answer to boosting data…
Tags: Africa CDC
Previous Post

FG Trains 270 Technical Teachers in Digital Literacy and Trade-specific skills in Nigeria

Next Post

Federal Government Establishes Gene Bank to Preserve Indigenous Livestock Breeds

Next Post
Federal Government Establishes Gene Bank to Preserve Indigenous Livestock Breeds

Federal Government Establishes Gene Bank to Preserve Indigenous Livestock Breeds

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
Join MSME on Whatsapp
Subscribe To Our Newsletter
Enter your email to receive a weekly round-up of our best posts. Learn more!
icon
By subscribing, you agree with our privacy policy and our terms of service.

Recent Posts

  • SMEDAN Pushes Boundaries to Empower Nigerian Small Businesses
  • Call for Applications: WTO/ITC Women Exporters in the Digital Economy (WEIDE) Fund (Up to $30,000)
  • 50kg Rice Price Drops to N54,000 in Nigeria Due to Oversupply
  • Starlink Delivers Slower Internet Speeds in Nigeria Compared to Other African Countries
  • Nigeria committed to harnessing AfCFTA Potential for Sustainable Economic Growth – Minister

Recent Comments

  • 10 Reasons Why SMEs Should Invest in Video Marketing - MSME Africa on How to Create Viral Videos for Social Media in 2024
  • link alay4d on 5 Nigerian-based Companies Providing Accelerator Programs for Startups in 2024
  • Damilare Oladeji on Nigerian Government Agencies that Support Entrepreneurship in 2024
  • situs alay4d on 50 Best Tools to Boost Your Productivity as an Entrepreneur in 2024
  • Otabor Osayomore Blessing on Ultimate 2024 Guide to the Top Business Enabling Cities for Startup Founders and Entrepreneurs in Nigeria
  • About us
  • Advertise with us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.

No Result
View All Result
  • About us
  • Advertise with us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.