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Moderna halts plans to build Kenya vaccine plant as Covid shot demand plunges

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[ad_1] A nurse prepares a dose of Moderna Covid-19 vaccine at Oltepesi Dispensary in Kajiado, Kenya, on September 9, 2021. Patrick Meinhardt | AFP | Getty Images Moderna on Thursday said it has paused plans to build a vaccine-manufacturing site in Kenya after a steep drop in demand for its Covid vaccines . The biotech company said it has not received any vaccine orders for Africa since 2022 and has taken more than $1 billion in losses and write-downs related to the cancellation of previous orders from the continent. Moderna's decision aligns with its broader effort to cut costs by resizing its Covid vaccine-manufacturing footprint. The company's business took a major hit last year as demand for those jabs waned worldwide, with people relying less on protective vaccines and treatments against the virus. Shares of Moderna fell 45% last year, but the stock is up around 6% this year. In March 2022, the company said it would invest about $500 million in the Kenyan site and...

Man wanted in Massachusetts for murder rearrested in Kenya after a week-long escape

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[ad_1] Fugitive wanted for Massachusetts murder captured again after escaping police in Kenya Fugitive wanted for Massachusetts murder captured again after escaping police in Kenya 00:38 NAIROBI, Kenya - A man wanted in Massachusetts to face murder charges has been rearrested, a week after he dramatically escaped from police custody in Kenya, police said Wednesday.  Kevin Kangethe, 40, of Lowell, escaped while awaiting extradition on a Massachusetts warrant alleging he killed his girlfriend and left her body in a car at Logan Airport in Boston last fall. Last week, he slipped out of a police station in Nairobi and jumped into a privately owned minivan.  Kangethe was arreste...

IndiGo Airline On Massive International Expansion Spree; Launches Flights To Africa, Central Asia

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[ad_1] India's largest airline, IndiGo is on a massive international expansion spree as the air carrier announced direct flights to Kenya, Indonesia and Georgia in a past couple of days. With the recent announcement of direct flights to Tbilisi, Georgia, IndiGo Airline is now connected to 29 international destinations and 107th overall destination. The budget air carrier earlier announced to start direct flights to six new destinations in Africa and Central Asia, including to Nairobi, Tbilisi and Tashkent, this year. Once these routes are operational, the budget airline will be connecting a total of 32 international destinations compared to 26 before the announcement was made. The rapid expansion plan will also make Indigo the second biggest Indian airline to operate on international routes, just behind Air India, route wise. However, passenger capacity wise, IndiGo Airline is now the largest Indian airline operating international flights. In the domestic market, the airline...