Afreximbank, which facilitated the procurement of the Johnson & Johnson, Janssen Pharmaceuticals’ vaccine, says the vaccine costs Nigeria $7.50 per dose.
Nigeria and other African nations will get 400 million COVID-19 vaccines from the World Bank in partnership with the African Union’s Vaccine Acquisition Task Team
“These massive capital outflows strained African banks, many of which recorded sharp drops in their net foreign assets. This further exacerbated liquidity constraints.”
President of Afreximbank, Benedict Oramah, said the fund would enhance bankability and promote intra-African trade.
