Africa Medical Supplies Platform: Enhancing Vaccine Access in Africa
The Africa Medical Supplies Platform facilitates access to critical medical supplies across the African continent, including vaccines, PPEs, diagnostic kits, and drugs. Through a streamlined process, buyers can source supplies, place orders, make payments, and receive deliveries with the support of Africa CDC, manufacturers, logistics partners, and funding mechanisms like the African Vaccine Acquisition Task Team's Advance Procurement Commitment. Key objectives include ensuring equitable access to COVID-19 vaccines and reducing the financial burden on member states.
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Presentation Transcript
Africa Medical Supplies Platform Vaccine Financing and an overview of the Advance Procurement Commitment
What is the Africa Medical Supplies Platform ?
A marketplace enabling access to critical medical supplies on the African continent PPEs (Personal Protective Equipment) Clinical management devices Diagnostic kits Drugs Vaccines 3
The platform works in 5 simple steps Critical medical supplies are sourced Buyers place orders on the platform Buyers make payments Seller prepares shipments Delivery from seller to countries Africa CDC platform team and its strategic partners Manufacturers in Africa & worldwide Logistics partners (eg.National Airlines, Global Freight Forwarders) AU Member States Authorized Foundations & NGOs Afreximbank 4
The African Vaccine Acquisition Task Team s (AVATT) Advance Procurement Commitment (APC)
AVATTs efforts are concentrated in three areas Estimating the funding needs for vaccines procurement & distribution Creating the financing mechanism required for the vaccine acquisition Securing adequate amounts of safe & efficacious vaccines 6
Key objectives of the Advance Procurement Commitment (APC) mechanism Member states must be able to access COVID-19 vaccines in a manner that reduces the fiscal burden on them 01 GUARANTEE access to vaccines Timely and cost effective availability of vaccine supplies and by so doing, mitigate the protracted financial and socio-economic costs of the COVID-19 pandemic Equitable ACCESS of COVID-19 vaccines supplies 02 Provision of a CREDIBLE funding platform for all member states 03 A structure housing a blend of funding/financing mechanisms to support the COVID-19 vaccine procurement requirements 7
In collaboration with AVATT, Afreximbank has put in place a $2 billion Advance Procurement Commitment (APC) facility for the vaccine acquisition 8
Our achievements include 30 countries on the African continent now opted-in to participate in the APC mechanism 9
THANK YOU www.amsp.africa
