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EU Partners With Africa To Build Vaccine Production Hubs
The European Union is planning to invest $1 billion in building Covid-19 vaccine production hubs in Africa, according to the head of the European Commission Ursula von der Leyen. According to Reuters, this move is targeted at providing more independence for Africa on vaccine production and ultimately end Africa’s vaccine dependency on other parts of…
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Global Trade Would Grow By 8% In 2021 – WTO
The World Trade Organization (WTO) on Wednesday has opined that international trade would grow a bit faster than was previously predicted. WTO Managing Director, Dr Ngozi Okonjo-Iweala, announced that trade would grow by 8 percent this year. However, the organization warned that global trade growth could still be thwarted by the still-raging coronavirus pandemic. ”Following…
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WTO DG Warns Against Vaccine Nationalism
World Trade Organization’s new Director-General, Ngozi Okonjo-Iweala has said vaccine protectionism must be stopped in order to win the fight against the pandemic. In recent weeks, several countries have reportedly tried to prevent the export of vaccines made within their borders but Dr Okonjo-Iweala has said this most be stopped as protectionism would hinder a…
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Ngozi Okonjo-Iweala Emerges Next WTO DG
Dr Ngozi Okonjo-Iweala has made history as the first African and woman to lead the World Trade Organization. The World Trade Organization announced the appointment of Ngozi Okonjo-Iweala as its new director-general today – making her the first woman and first African to hold the role. Recall that South Korea’s trade minister, Yoo Myung-hee abandoned…