-
Musk's empire as SpaceX counts down to Wall Street liftoff
-
SpaceX's IPO moonshot draws some doubters on Wall Street
-
Under Trump pressure, EU agrees to implement US trade pact
-
Republican who stood up to Trump defeated in Kentucky primary
-
Acting US attorney general defends fund for prosecuted Trump allies
-
Mavericks part ways with head coach Kidd
-
Shock and bafflement at San Diego mosque where three were killed
-
US enforces law to crack down on sexual deepfakes
-
Arsenal crowned Premier League champions after Man City draw
-
New York art auctions roar back with blockbuster sales
-
US says held talks with Cuba on $100 mln offer
-
Chelsea beat Spurs to leave rivals in 'embarrassing' relegation danger
-
Google wants its search bar to act on your behalf in AI revamp
-
Taiwan author wins International Booker for 'slyly sophisticated' novel
-
Iran 'very confident' about World Cup protocols: federation vice-president
-
Google unveils smart glasses, taking on Meta
-
Guardiola swerves Man City exit talk as title hopes ended
-
Chiefs' Rice jailed for probation violation
-
Five factors in Arsenal's Premier League title triumph
-
Mikel Arteta: Pep protege to Premier League winner
-
How Arsenal banished 'nearly men' tag to end 22-year title wait
-
Arsenal win Premier League after Man City held by Bournemouth
-
From graduation boos to voter unease: AI anxiety grows in the US
-
Lost in Trump's climate boast: best-case scenario abandoned
-
Hantavirus cruise operator says ship not source of outbreak
-
Trump shows off ballroom site with 'drone empire' planned for roof
-
Rubio to attend NATO talks, pay first visit to India
-
Under Trump pressure, EU seeks deal to end trade standoff
-
Airbus seeks to cut peripheral expenses due to Mideast war
-
France encourages women to report rape in probes of star Bruel
-
Guardiola silent on Man City exit reports
-
Argentine researchers collect rodents for hantavirus tests
-
Iran talks making 'good progress': US VP Vance
-
Teen wonder Sooryavanshi's slams 93 to edge Rajasthan closer to IPL play-offs
-
Norway reports Europe's first case of bird flu in a polar bear
-
Italy's Ganna wins time-trial in Giro shake-up
-
EU vows help for farmers hit by Iran war fertiliser price hikes
-
Emery focused on Villa glory, not crown of Europa League 'king'
-
French govt slams 'disproportionate' Canal+ riposte to anti-Bollore petition
-
US, Iran trade threats but Trump says Tehran wants peace deal
-
Russia's Zvyagintsev sets film amid 'disaster' Ukraine war
-
UK trade minister hopes Britain will rejoin EU 'in my lifetime'
-
Race to find vaccines, treatments for Ebola strain behind outbreak
-
King Charles III bangs drum for Irish music, eyes hip-hop lesson
-
Ganna wins time-trial in Giro shake-up
-
Drone attack kills 28 at market in southern Sudan
-
Putin lands in China for trip that aims to show unshakeable ties after Trump pomp
-
Israel finance minister says ICC seeks arrest warrant against him
-
Kentucky primary vote tests Trump's grip on Republican base
-
Alcaraz withdraws from Wimbledon with wrist injury
Over $1 billion pledged to create 'African vaccine market'
World leaders, health groups and pharmaceutical firms announced $1.2 billion in funding at a summit Thursday to produce vaccines in Africa, which is facing numerous health crises including rising cholera outbreaks.
The African Vaccine Manufacturing Accelerator "will be an essential step towards a genuine African vaccine market," French President Emmanuel Macron said at the opening of the summit in the Paris.
Three quarters of this funding will come from Europe, Macron told the summit, which was also attended by leaders from Botswana, Rwanda, Senegal, Ghana, as well as visiting ministers, health groups and pharmaceutical firms.
Germany will contribute $318 billion to the scheme, German Chancellor Olaf Scholz said in a video message.
France put in $100 million and the UK $60 million, while other donors include the United States, Canada, Norway, Japan and the Gates Foundation.
The scheme "could become a catalyst for promoting the pharmaceutical industry in Africa and fostering collaboration between member states", African Union commission Moussa Faki Mahamat told the summit.
Africa imports "99 percent of its vaccines at an exorbitant cost", he added.
The Covid-19 pandemic shone a light on the unequal global distribution of vaccines, as wealthy countries home to big pharma firms snapped up most doses, leaving Africa far behind.
The new scheme aims to move vaccine production to Africa to give the continent more sovereignty -- and avoid history repeating.
"When the next pandemic hits, even if our leaders in the rich Western countries are angels, the pressure to hold on to your own vaccines, for your own people, is always going to be irresistible," British Foreign Secretary David Cameron told the summit.
A recent resurgence of cholera in many parts of Africa has highlighted the need for more local vaccine producers. Only one firm in the world -- South Korea's EuBiologics -- makes the cheap and effective vaccine doses for the deadly disease.
Macron called for cholera to be "consigned to the past", adding that outbreaks were now affecting "half of Africa".
He announced a production chain for cholera vaccines to be launched in Africa by the South African biopharmaceutical firm Biovac.
- $9 billion sought -
The Gavi vaccine alliance, which helps distribute jabs for more than 20 different diseases to poorer countries, was one of the organisers of Thursday's Global Forum for Vaccine Sovereignty and Innovation.
At the forum, Gavi announced it is seeking to raise $9 billion to fund its vaccine programmes from 2036 to 2030.
The US will contribute $1.58 billion to the Gavi effort, first lady Jill Biden said in a video message, with more commitments expected later Thursday.
Gavi chair Jose Manuel Barroso said that "one million children vaccinated since 2000 is an incredible achievement".
C.Hamad--SF-PST