By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Hot Fm Ghana
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Audio Downloads
  • Videos
  • Hotfm TV
Reading: Akufo-Addo Cuts Sod For Construction Of Vaccine Manufacturing Factory
  • Follow Us
Hot Fm GhanaHot Fm Ghana
Font ResizerAa
Search
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Audio Downloads
  • Videos
  • Hotfm TV
Follow US
© 2024 Hot FM Ghana. All Rights Reserved | Powered By: WeWrite Technologies.
Hot Fm Ghana > News > Akufo-Addo Cuts Sod For Construction Of Vaccine Manufacturing Factory
NewsTop stories

Akufo-Addo Cuts Sod For Construction Of Vaccine Manufacturing Factory

WeWrite Ghana
By WeWrite Ghana
Published: April 19, 2023
Share
SHARE

PRESIDENT Nana Addo Dankwa Akufo-Addo has cut the sod for the construction of DEK Vaccines Manufacturing Factory, a private sector-led consortium of Ghanaian pharmaceutical companies in Accra.

Contents
Fulfillment of pledgeFDA upgradeSituation

The $122.6-million project (first phase) is expected to be completed in two years and will manufacture about 600 million doses of vaccines annually and also provide employment opportunities for more than 250 people.

Among the vaccines to be produced are those recently approved for malaria, and HPV, as well as pneumonia, rotavirus, cholera, and COVID-19.

President Akufo-Addo said with the use of state-of-the-art technology, the facility would have the capacity to make the country realize its dream of becoming self-sufficient in the production of vaccines.

Fulfillment of pledge

He said the establishment of the company and other initiatives in the health sector was in fulfillment of the government’s pledge, at the height of the COVID-19 pandemic, to see to the manufacture of vaccines in the country.

He said a vaccine manufacturing committee was subsequently set up, leading to the establishment of a National Vaccine Institute, which received seed funding of $25 million from the European Investment Bank.

He said on February 14, 2023, he assented to the National Vaccine Institute Bill enacted by Parliament, adding that the board of directors of the institute would soon be outdoors.

President Akufo-Addo further said the country was venturing into vaccine development and manufacturing with Rwanda and Senegal and expressed the hope that the participating countries would become the vaccine manufacturing hub in sub-Saharan Africa.

“We want to achieve self-sufficiency in vaccine production to meet future national, regional, and continental needs to ensure health security.

This will ensure that in future we shall not be at the mercy of foreign vaccine nationalism and geopolitics,” he said.

According to him, the National Vaccine Institute would coordinate and facilitate work at DEK Vaccines Limited and other domestic pharmaceutical companies, such as Atlantic Life Sciences.

The institute, he added, would also facilitate bilateral and multilateral partnerships for vaccine deployment and manufacturing in the areas of funding, clinical trials, technology transfer, human capital development, licensing, and the assignment of intellectual property rights.

He expressed appreciation to COVAX, the AU, and other donors and suppliers for their various interventions during the crisis period.

FDA upgrade

The President said the government was also committed to helping upgrade the Food and Drugs Authority (FDA) from its current maturity level of three to four to enhance its regulatory capacity for domestic vaccine development and manufacturing.

He said the FDA would also establish a vaccine log release system to strengthen research into and development of vaccines, adding: “We also want to establish a technology transfer partnership in vaccine development and provide in-house and external training programs for staff.” 

Situation

The European Union Ambassador to Ghana, Irchad Razaaly, said Africa imported 99 percent of its vaccines and 94 percent of its medicines and expressed the hope that with the establishment of the manufacturing plant, the situation would change.

He said the EU was a key supporter in the production of vaccines in Africa and Ghana in particular, adding that the five-million-euro funding from the European Investment Bank to DEK Vaccines was in fulfillment of its pledge.

The Managing Director of DEK Vaccines, Dr. Kofi Nsiah-Poku, said the company had the capacity to produce vaccines for emergency situations.

For his part, the Presidential Advisor on Health, Dr. Nsiah Asare, said local vaccine production was crucial for health security.

Present at the ceremony were some traditional rulers and the British High Commissioner to Ghana, Harriet Thompson.

You Might Also Like

Video:’Wash Your Pillows,Bedsheets; Not All Bad Dreams Are Spiritual’ – Celestine Donkor
First C/R Minister in 4th Republic Has Died; Family Wants State Burial
Disturbing Videos Of University Students Being ‘Lashed’ By Other Students Pop Up Online
Teddy Osei of Osibisa fame to be buried on April 5
Accra Zoo Advanced & Back In Business
TAGGED:sod cuttingvaccines
Share This Article
Facebook Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

More Popular from Foxiz

PoliticsTop storiesVideos

VIDEO: Ghanaian Youth Do Not Need ‘Okada’-Opeele Boateng Tells NDC

By Angela Marfo
1 Min Read

VIDEO: Ghanaian Youth Do Not Need ‘Okada’-Opeele Boateng Tells NDC

By Angela Marfo
EntertainmentTop stories

Veteran Actor,Waakye On the Verge of Death;Rushed to Spiritual Home

By Angela Marfo
2 Min Read
- Advertisement -
Ad image
PoliticsTop storiesVideos

VIDEO: Ghanaian Youth Do Not Need ‘Okada’-Opeele Boateng Tells NDC

Social commentator and former coach of Asante Kotoko football club,  Opeele Boateng has admonished the largest…

By Angela Marfo
Entertainment

I’m a Kumerican Hollywood Superstar – Lil Win

Ghanaian entertainer Lil Win is doing some crazy stuff to help the new Kumerica movement stay on top…

By Angela Marfo
News

Wassa Fiase: Chiefs Demand Reinstatement of Odeneho Akrofa Krukoko II

Chiefs of Wassa Fiase Traditional Council have petitioned the President Nana Akufo-Addo to help reinstate Odeneho…

By Angela Marfo
EntertainmentTop stories

Veteran Actor,Waakye On the Verge of Death;Rushed to Spiritual Home

It was learnt a few weeks ago that Veteran Ghanaian actor and comedian, Prince Yawson, popular…

By Angela Marfo
PoliticsTop storiesVideos

VIDEO: Ghanaian Youth Do Not Need ‘Okada’-Opeele Boateng Tells NDC

Social commentator and former coach of Asante Kotoko football club,  Opeele Boateng has admonished the largest…

By Angela Marfo
Hot Fm Ghana

Hot FM is a privately owned radio station in Accra, Ghana. Hot FM broadcasts both on 93.9 FM and online.

Top Stories

Joseph Matthew’s ‘Walk’ is 2026’s biggest Gospel song – Hitz FM’s DJ Briddash [Video]
August 16, 2026
“TOR will burn” – Eagle Prophet drops shocking doom prophecy [Video]
August 12, 2026
Sherifa Gunu returns with another monster hit song ‘South Africa’
August 4, 2026

Politics

Amenfi Central NDC communication officers to meet MP
August 13, 2026
Akim Oda MP insists NPP’s ‘Democracy under Attack’ protest will go ahead despite ‘fake letters’
August 5, 2026
Court freezes 5 bank accounts, 4 properties of Dennis ‘Miracles’ Aboagye
August 3, 2026

Entertainment

Joseph Matthew’s ‘Walk’ is 2026’s biggest Gospel song – Hitz FM’s DJ Briddash [Video]
August 16, 2026
V12 Origenator unleashes stunning video for new hit single ‘Abonten’
August 14, 2026
Sherifa Gunu returns with another monster hit song ‘South Africa’
August 4, 2026

© 2026 Hot FM Ghana. All Rights Reserved.

Welcome Back!

Sign in to your account