Equatorial Congo Airlines (ECair), which filed for bankruptcy in 2016, has signed a memorandum of understanding with South African company Allegiance ... Capital to restart its operations. Who is this partner? Where will the capital come from? Will the Congolese state’s support be enough?
“The gap between developed and developing countries is determining access to vaccines,” Fofack tells The Africa Report. “If it’s left to the market, Africa will be at the back of the queue. That is what we are witnessing now.”
The proposal put to the World Trade Organisation (WTO) seeks exemption for member countries from the enforcement of patents under the agreements on trade-related intellectual property rights (TRIPs). The idea has broad support among low- and middle-income countries, but rich states are able to block adoption at the WTO: the US, the UK, the European Union and Canada.