Ghana hand-picked as manufacturing hub for COVID-19 vaccines in Africa

Ghana has been selected by the European Commission as a possible manufacturing hub for covid-19 vaccines in Africa.
This was after the two day working visit by the President of the Republic Nana Addo Dankwa Akufo-Addo to Brussels, Belgium, from the 19th to 20 May, a statement signed by the Director of Communications at the Presidency, Mr Eugene Arhin said on Friday May 21.

The statement added “This according to the commission, follows the initiatives already taken by the government of President Akufo-Addo towards the domestic manufacturing of vaccines.
“The taskforce team from the EU and Ghana will meet shortly to discuss modalities towards the realization of this initiative which in principle could be supported by the European Investment Bank (EIB).
“As has been announced already President Akufo-Addo has secured 170million Euros from EIB for the establishment of the development bank of Ghana.

“The new national bank will assist in the revitalization of the economy as well as see to the rapid recovery of the country from the ravages of Covid 19.

It further said the European Commission has announced the decision to remove Ghana from the list of countries that are deficient anti-money laundering and terrorism financing.

The European Union acknowledged the effort Ghana has made in implementing the action plan of the International Country Risk Guide (ICRG) in record time.

“The commission thus congratulated Ghana for the reforms embarked on, as well as the sustainable robust system deployed towards being taken off the list.

“It is expected that the financial action taskforce (FATF) the global money laundering and terrorist financing watchdog will in June 2021 announce that Ghana has been taken off its list of high risk, third world countries with strategic deficiencies in anti-mony laundering and countering of terrorism financing.