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.
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
Morocco and the AfDB stressed that Africa must rely on private capital to finance rising development and infrastructure needs. Both leaders called...
Transnet secures €300M AFD loan to support energy transition, rail upgrades Loan tied to green targets, including 300 GWh renewable power use...
Desert Gold seeks funding to start mine at Mali’s Barani, Gourbassi sites Capital needs rise to $20.4M; mine plan updated for higher...
Ghana shifts to domestic gas for power, aims to cut costs by 75% Gas supply from Jubilee, TEN, OCTP fields ramped up to support transition...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...