This initiative recognizes other initiatives of the African Union institutions such as Africa CDC, Africa Medicine Agency, and AUDA-NEPAD. It was established within the framework of the African Union Agenda 2063, which seeks to promote pan-Africanism and African renaissance by harnessing the continental endowments embodied in African people, history, cultures, and natural resources to effect equitable and people-centered growth and development on the continent, with Africa taking full responsibility for financing its development.
The initiative partly supports implementation of the “Framework for Fair, Equitable and Timely Allocation of COVID-19 Vaccines in Africa”, an African Union instrument developed by the Africa Centres for Disease Control and Prevention to take appropriate measures to ensure timely and equitable access to vaccines to safeguard lives and livelihoods in Africa and slow the progression of pandemics and outbreaks.
It provides a platform for the involvement of the African private sector in the development, manufacturing, and distribution of vaccines in Africa and a connection between African policymakers and relevant stakeholders on the issue of vaccines and vaccination.