COVID-19: US, others loan Aspen N292bn to manufacture vaccines in Africa

Multinational pharmaceutical company headquartered in Durban, South Africa, Aspen Pharmacare, has secured a loan of €600m (N292bn) from the United States, World Bank and some European countries including France and Germany to manufacture COVID-19 vaccines in Africa. Aspen Pharmacare, said to be the largest pharmaceutical company in Africa, has branches in other African countries including…