World Bank to finance extra Covid jabs for poorer nations

Covid-19 vaccine

AstraZeneca Covid-19 vaccine being administered to frontline personnel in the Tourism and Hospitality sector, at the Kenyatta International Convention Centre in Kenya's capital Nairobi on April 27, 2021. PHOTO | FILE | NMG

What you need to know:

  • Covax was set up to ensure 92 developing territories could access coronavirus vaccines to fight the pandemic, with the cost covered by donors.
  • The new mechanism will allow those countries to buy additional doses on top of the subsidised ones they will already receive via Covax.