Search
Close this search box.

Covid-19: US-based African billionaire opens first full vaccine plant in Africa

CAPE TOWN, South Africa is hosting the first COVID-19 vaccine manufacturing plant on the continent where jabs will be produced from start to finish.

The name of the company to do that is Nants-SA facility located in Cape Town.

The plant is “an initiative by the US-based, South African-born biotech billionaire Dr Patrick Soon-Shiong.”

It aims to start producing the vaccines within a year and to make a billion doses annually by 2025.

South Africa President Cyril Ramaphosa joined the billionaire at the launch of the facility. Ramphosa stressed that the facility is a gamechanger relative to Africa’s vaccine sufficiency.

South Africa has other vaccine manufacturing companies but they are largely assembly points unlike the Nants-SA facility.

Source: Nam News Network

Recent Post