Groundbreaking R1.5bn investment in Biovac to boost Africa’s vaccine production capacity
African News Agency | 16.04.2026 20:19
The “quasi-equity” €75 million investment will also enable an additional $20m senior loan, as well as further senior financing from the IFC, a statement said Thursday. The investment is backed by a European Commission EFSD+ guarantee under the Human Development Accelerator (HDX), part of the EU’s Global Gateway strategy.
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