The Global Fund plans to raise $18 billion to pursue the fight against AIDS, tuberculosis, and malaria. The institution announced it in a press release yesterday February 23 as part of the launch of its seventh replenishment campaign.
The fight against AIDS, tuberculosis, and malaria has been overshadowed by the fight against Covid-19 over the past two years. "In the face of the catastrophic impact caused by COVID-19 on the fight against HIV, TB, and malaria, the choice is stark: We either increase funding, or we abandon the Sustainable Development Goal target of finally defeating these pandemics by 2030," said Peter Sands (pictured), Executive Director of the Global Fund.
The Global Fund will use the money to reduce the mortality rate of the three targeted diseases by 64%, saving 20 million people between 2024 and 2026. It will also reduce the incidence rate of the three diseases by 58% from 2020 levels by 2026 while reducing the number of deaths from 2.4 million in 2020 to 950,000 within the next four years. Finally, the new resources will strengthen health systems to better prepare for pandemics.
Since the covid-19 crisis started, the WHO had expressed concerns about its negative impact on the management of the fight against other diseases, particularly in sub-Saharan Africa. WHO indicated in 2020 that excess mortality due to malaria could be greater than direct mortality due to covid-19 in SSA. Also, of the 409,000 people killed by malaria worldwide in 2019, more than 90% of the deaths were recorded in Africa, mainly in SSA. This places the continent at the top of the list of regions that should benefit from the new Global Fund replenishment program.
The funding to be raised is also intended to act as a catalyst to increase national investments to $59 billion as part of the fight against the three targeted diseases. Let’s note that five African presidents (DRC, Kenya, Rwanda, Senegal, South Africa) participated in the launch of the Global Fund’s Seventh Replenishment campaign.
Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...
Airtel Africa signed a partnership with SpaceX to launch Starlink Direct-to-Cell satellite connect...
BOAD approves $35.7 million to upgrade Burkina Faso–Mali border road Project targets 130 km,...
Fitch lowered Gabon’s sovereign rating to CCC- amid rising fiscal stress Payment arrears reac...
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilot to open new high-value export markets Less than...
Starlink equipment imports now require military authorization Measure applies immediately despite lack of official justification Decision...
Company is assessing copper recovery at its Bisie North project Metallurgical tests are nearing completion, with results expected soon Tin...
Gold reached a fresh all-time high during trading on December 23 Prices are supported by geopolitical tensions and rate-cut expectations Gold...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...