
COVAX expands with World Bank backing
The World Bank approved US$2 billion in financing for COVID-19 vaccines in 17 developing countries as part of a two-year US$12 billion package.
Cape Verde is an island nation located off the coast of West Africa. Despite having limited natural resources, it has one of the highest levels of political stability and is considered one of the most democratic nations in Africa. Its economy is heavily reliant on tourism and foreign investment.
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The World Bank approved US$2 billion in financing for COVID-19 vaccines in 17 developing countries as part of a two-year US$12 billion package.