Global NewsGlobal Fund Raises $14.25bn To End HIV, TB, Malaria

Global Fund Raises $14.25bn To End HIV, TB, Malaria

-

- Advertisment -spot_img
JUMIA ANNIVERSARY

The Global Fund to Fight AIDS, Tuberculosis and Malaria raised $14.25 billion Wednesday at a donor conference attended by French President Emmanuel Macron, as decades of progress against the diseases are set back by Covid.

French President Emmanuel Macron speaking at the event |Africanews/AFP

It was the highest amount ever pledged for a multilateral health organization — but fell far short of the ambitious goal of $18 billion after the United Kingdom and Italy said their announcements would come later.

Macron spoke at the public health partnership’s Seventh Replenishment Conference, together with leaders from the US, Japan, Germany, Canada and the EU to announce new commitments to tackle various diseases.

FREE DELIVERY

“Victory against the great pandemics is within our reach, but we still have a long way to go. 38.4 million people are still living with AIDS, and malaria and tuberculosis infections are on the rise in Africa, the Middle East and Latin America.

These are the realities we must face up to. We still have a lot to do in the coming years and in 2030 we must keep our promise: HIV, malaria and tuberculosis must be gone.”

Read Also: South Africa, Egypt, Nigeria Are Top 3 Countries That Control Africa’s wealth – Report

“I am happy to announce that we will allocate an additional 300 million euros to the Global Fund over three years, which means that we will invest almost 1.6 billion euros between 2023 and 2025.”

The French leader also vowed to “continue our fight to lower the price of drugs” by investing 250 million euros over three years in the international drug purchasing organisation Unitaid.

Since The Global Fund was created in 2002, it has saved 50 million lives and reduced the combined death rate from HIV, tuberculosis and malaria by more than half in the countries where the fund invests.

The tuberculosis mortality rate fell by 21% and that of malaria by 26%. (Africanews/AFP)

newswebbs
newswebbshttps://newswebbs.com
New Webbs is an independent online news platform launched with the aim of connecting the world with the latest news on the web.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

SUNU Health Reiterates Commitment To Human Health, Wellbeing

Lagos, Nigeria - Dr Faith Nwachi, Chief Operating Officer, SUNU Health Maintenance Organisation (HMO), has reiterated the organisation’s commitment to...

In Entrepreneurship, Agility is the Name of the Game – Seleem Adegunwa

Lagos, Nigeria - In his drive to inspire future entrepreneurs that would make significant growth to the nation’s economy...

Entrepreneurs.ng Initiates ‘Complify’ To Simplify Tax Compliance

Lagos, Nigeria - Entrepreneurs.ng, under the leadership of Florence Chikezie, has announced the launch of a new service called...

More Than 80 Passengers Killed In Congo Boat Accident

DRC - A boat carrying 270 passengers has capsized on a river near Congo's capital of Kinshasa, leaving more than...
- Advertisement -spot_imgspot_img

Police Nab Kidnappers Who Murder Six-year-old Boy For Food

Taraba, Nigeria - The operatives of Adamawa State Police Command have arrested two suspected male Kidnapers for the killing...

Bigi-Sponsored Nigerian Idol Bids Farewell To Jennifer After Powerful Performance

Lagos, Nigeria - A beloved contestant, Jennifer, known for her powerful vocals, left the Bigi-sponsored Nigerian Idol stage with...

Must read

In Entrepreneurship, Agility is the Name of the Game – Seleem Adegunwa

Lagos, Nigeria - In his drive to inspire future...

Rite Foods’ Chairman, Adegunwa Becomes Asiwaju Of Ijebu

Lagos, Nigeria - According to a report published in...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you

MEN'S FASHION
DEFACTO OFFICIAL STORE