- The African continent will tomorrow launch the African Medical Supplies Platform (AMSP), an online portal that will enable African countries access large quantities of critical Covid-19 response supplies at competitive prices.
- The AMSP is supported by the Afrexim Bank
The Kenyan Head of State, President Kenyatta identified loss of jobs and reduction of revenues as key impacts of COVID-19 on African economies
What transpired during China-Africa Summit?
|The Kenyan Head of State, President Kenyatta identified loss of jobs and reduction of revenues as key impacts of COVID-19 on African economies and appealed for more economic interventions by China.
The president made this statement during a virtual China-Africa Summit on solidarity against COVID-19
The president appealed to The Chinese government to put in place measures to relieve the continent from the chokehold of the pandemic.
“Given the scale of economic devastation in the continent, I would like to call on China to further deepen debt relief measures and to consider trade concessions, to provide African countries with the breathing room they need for economic recovery,” President Kenyatta said.
The Kenyan state man called for the revamp of Africa’s dilapidated health systems saying the continent’s weak health infrastructure is a setback in the fight against COVID-19.
“I am aware strengthening of public health systems is one of the pillars of the Forum on Africa-China Cooperation (FOCAC). As the pandemic has demonstrated, this is a critical agenda, which has not received the attention it deserves,” President Kenyatta said.
Besides, President Kenyatta stipulated for the strengthening of Africa’s disease control capacity, deepening of China-Africa cooperation in manufacturing of pharmaceuticals and health equipment as well as creation of open trade corridors for health commodities to abridge disruptions in global production and supply chains.
Rwandan President Paul Kagame gave credence to the role of china in ameliorating the impact of the pandemic in the continent. He expressed gratitude for China’s philanthropic effort in committing 2 billion US Dollars to the global fight against COVID-19 over the next two years.
|The African Union Chairperson and co-convenor of the virtual summit, President Cyril Ramaphosa of South Africa threw light on the continent's strategy using technology as a tool to chart a route to an expedited recovery.
He said the continent will tomorrow launch the African Medical Supplies Platform (AMSP), an online portal that will enable African countries access large quantities of critical Covid-19 response supplies at competitive prices. The AMSP is supported by the Afrexim Bank.
The African Union Chairperson and co-convenor of the virtual summit President Cyril Ramaphosa of South Africa said the continent had acted decisively and in unison in its response to COVID-19.
The South African leader welcomed China’s support attesting that providence of six months worth of equipment and other supplies through the AMSP will put the continent right on course.
While responding to President Kenyatta’s address, President Xi Jinping congratulated Kenya for a hitch-free flow of cargo from the Port of Mombasa into the East African hinterland via the Standard Gauge Railway.
The decision by Kenya, the Chinese leader said, provided respite in transatlantic trade despite COVID-19 containment measures.