British International Investment
1 April 2021

MedAccess announces extension to guarantee support for UNICEF

MedAccess  – a social finance company established by CDC to increase patient access to life-changing medical supplies in Africa and South Asia – has announced a one-year extension to its $50 million procurement guarantee for UNICEF. The original partnership between the two organisations was established in July 2020.

The extension will support UNICEF’s response to ongoing country demand for COVID-19 and non-COVID-19 essential supplies.

Demand for COVID-19-related medical supplies remains high, particularly in sub-Saharan Africa where countries are battling a severe spike in infections. UNICEF plays a central role in the procurement and distribution of COVID-19 supplies to countries worldwide, as well as leading efforts on the procurement and delivery of COVID-19 vaccines on behalf of the COVAX Facility.

We recently shared the news that syringes purchased by UNICEF using MedAccess support were used in Ghana, where the first vaccinations were made using the COVAX Facility. To date, COVAX has shipped more than 32 million doses to 70 countries.

“The COVID-19 pandemic has highlighted UNICEF’s vital role in increasing and accelerating access to essential supplies in underserved communities,” said Hema Srinivasan, MedAccess’ Chief Access Officer. “Our guarantee extension will support UNICEF to continue its important work, responding to urgent country needs on COVID-19 and for other lifesaving supplies.”

Find out more

  • Read the story on the MedAccess website here
  • Find out more about MedAccess here


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