The U.S. is helping finance overseas plants to increase the producition of COVID vaccines

The world needs more COVID vaccines, so the U.S. is helping finance overseas plants The Biden administration has been criticized for hoarding COVID vaccines when millions of people around the world are unvaccinated. Now they're looking at how to help finance plants overseas. NPR.org

When President Biden met with Kenyan President Uhuru Kenyatta last week, he said the United States would donate millions of COVID-19 doses to the African Union, part of an effort to close the vaccination gap between rich and poor nations.

This week, his top development financing official is traveling to South Africa and India to talk about how the United States can help boost vaccine production in parts of the world where vaccination rates have lagged.

David Marchick of the U.S. International Development Finance Corporation is leading a team of Biden officials on the trip. They will visit three vaccine manufacturing sites that Marchick says could help produce 2 billion doses of vaccines by the end of 2022. ...