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COP28 landmark deal to transition from fossil fuels is a unique opportunity for Africa

COP28 landmark deal to transition from fossil fuels is a unique opportunity for Africa

IN what is being hailed as an unprecedented agreement, delegates to COP28 in Dubai made the first official commitment to ditch fossil fuels, in a move set to spur green investment globally. Dubbed as the 'beginning of the end' of the fossil fuel era, the agreement aims for a rapid and equitable shift, marked by substantial emissions reductions and enhanced financial support. Negotiators from nearly 200 countries also agreed on the first-ever 'global stocktake' to boost climate action before the end of the decade, aiming to keep the global temperature increase below 1.5°C. Although the agreement doesn't completely 'phase out'…
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Landmark deal to make vaccine in SA

Landmark deal to make vaccine in SA

PFIZER and BioNTech have struck a deal for South Africa's Biovac Institute to help manufacture around 100 million doses a year of their COVID-19 vaccine for the African Union, the firms said on Wednesday. The deal is to "fill and finish" the vaccine, the final stages of manufacturing where the product is processed and put into vials. It does not cover the complicated processes of mRNA drug substance production, which Pfizer and BioNTech will do at their own facilities in Europe. The agreement comes as Pfizer and BioNTech try to sway World Trade Organization (WTO) members from supporting a waiver…
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