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Kenya among beneficiaries of new Sh129bn vaccine funding
This is the first time that the AIIB has committed such a significant amount to the global health sector, marking a strategic shift in its development finance priorities.
The Asian Infrastructure Investment Bank (AIIB) and Gavi, the vaccine alliance, have announced a $1 billion (Sh129.2 billion) joint financing agreement to strengthen health systems and expand access to immunisation in Gavi-supported member countries, including Kenya.
The initiative targets low- and lower-middle-income countries with weak public health systems, where funding gaps often prevent equitable access to life-saving vaccines and services.