Early Warning System

Regions

Africa

Geographic location where the impacts of the investment may be experienced.

Countries

Senegal

Geographic location where the impacts of the investment may be experienced.

Specific Location

Diamniadio

Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.

Financial Institutions

African Development Bank (AFDB)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Nov 24, 2024

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

Institut Pasteur

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Education and Health
Industry and Trade

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 15.03 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Bank Documents

Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 21, 2025

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Can you contribute information about this project?
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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the VAXSEN project of the Institut Pasteur de Dakar (“IPD”) is a project that encompasses the development, construction, equipping and operation of a multi-vaccine manufacturing plant for the production of routine vaccines. The project is located in the new town of Diamniadio in Senegal and aims to contribute to Africa's medical and vaccine production capacity, reduce dependence on imports (which account for 99% of Africa's vaccine needs) and strengthen preparedness and resilience to future pandemics. The vaccine manufacturing plant will have a maximum capacity of 300 million doses of vaccine per year. The project includes the following elements: i) the production of drug substances (DS) and ii) filling and finishing (F&F) capacities for WHO-approved vaccines. The project is building a portfolio of routine vaccines, starting with the measles and rubella (MR) vaccine, with plans for future expansion to include the rotavirus vaccine, oral cholera vaccine and polio vaccine, in partnership with vaccine manufacturers. Climate finance is not allocated to this project.

The project is part of the Bank's overall strategy and complements the objectives of the African Pharmaceutical Technologies Foundation, which are to strengthen the capacities of the African pharmaceutical sector, improve access to technologies and develop a sustainable and innovative pharmaceutical industry in Africa.

Early Warning System Project Analysis

For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Environmental Category: [2] Moderate Risk

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

African Development Bank (AFDB)

Finance Type: Standard loan
Commitments (UA): 11,289,230
Conversion Rate USD (2024-11-24): 1,33136

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

The Institut Pasteur de Dakar (IPD) is a biomedical research center in Dakar, Senegal. The institute is part of the world-wide Pasteur Institute, which co-manages the IPD with the Senegalese government.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
-	-	-	-	Institut Pasteur de Dakar	Client	-

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Otchoumou Clovis Paulin AYEMOU
Investment Officer, PITD3
African Development Bank
o.ayemou@afdb.org
www.afdb.org