Thu, 26-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Rwanda Partners With IFC to Develop Vaccine Manufacturing Capacity

    Miriam
    By Miriam Wangui
    - September 06, 2021
    - September 06, 2021
    African Wall StreetManufacturing
    Rwanda Partners With IFC to Develop Vaccine Manufacturing Capacity

    Rwanda has joined forces with the International Finance Corporation (IFC) to develop the nation’s capacity to produce essential vaccines for the African continent.

    IFC will assist the fast-developing nation to conduct diagnostic and feasibility studies needed to create a world-class vaccine manufacturing supply chain in Rwanda.

    Rwanda recently revealed its partnership with the leading biotechnology company, BioNTech, and the kENUP Foundation to develop a holistic manufacturing capability for mRNA vaccines. The partnership will also lead to the creation of facilities for the production of other vaccines and pharmaceutical products in Rwanda’s Special Economic Zones.

    “Africa depends on other countries for 99 percent of its vaccine supply,” says IFC on its website. The AU and the Africa Centers for Disease Control and Prevention (CDC) aims to have 60% of Africa’s routine vaccines produced locally by 2040. Rwanda, Senegal, and South Africa are some of the countries that have been identified as potential regional vaccine manufacturing hubs in Africa, by the Africa CDC.

    “Rwanda aims to produce high-quality vaccines for the African market. A production facility like the one envisaged in this collaboration agreement advances this objective. We are pleased to have IFC as a strategic partner,” said Zephanie Niyonkuru, Deputy CEO of the Rwanda Development Board (RDB).

    Samuel Dzotefe, IFC’s Acting Regional Industry Director for Manufacturing, Agribusiness and Services in the Middle East and Africa said, “A resilient Africa needs to develop and maintain its own reliable vaccine supply and health industry. This partnership with the Rwanda Development Board is a vital step toward helping Africa build vaccine manufacturing capacity to respond to COVID-19 and future pandemics.”

    Also read: Rwandair Becomes 1st African Airline to Try IATA’s Digital Health Passport

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa