Public Management

The Global Fund announces US14.2 bln pledges received for 2024-2026 activities

The Global Fund announces US14.2 bln pledges received for 2024-2026 activities
Thursday, 22 September 2022 16:57

The Global Fund estimates that US$59 billion is needed to eradicate endemic diseases like AIDS, tuberculosis, and malaria. For its seventh replenishment, it expects US18 billion, but it has already received some US$14 billion in pledges. 

The Global Fund to Fight AIDS, Tuberculosis and Malaria announces US$14.25 billion received in pledges to fight the three endemic diseases over the next three years. The institution announced the pledges in a release, dated September 21, 2022, published on its website. 

The financing aims to “save 20 million lives, avert 450 million new infections, [...] strengthen health and community systems to leave no one behind and be resilient to future shocks,” the release informs. 

Twenty implementing partner countries – 18 from the African continent – also pledged their support, with a significant number increasing their pledges and a few new donors pledging for the first time, such as Indonesia with a pledge of US$10 million,” it adds.  

In a release published last February, the institution announced that it was planning to raise US$18 billion to double down on the fight against malaria, tuberculosis, and AIDS since the activities to do so were slowed down by Covid-19.  The funds would enable it to reduce the mortality rate of the three targeted diseases by 64%, saving 20 million people between 2024 and 2026, it said. It also indicated that its goal was to reduce the incidence rate of the three diseases by 58% (from the 2020 level) by 2026 while reducing the number of deaths from 2.4 million in 2020 to 950,000 in 2026.

The fund estimates that US$59 billion is needed to eradicate the three endemic diseases and effectively strengthen health systems.

Jean-Marc Gogbeu

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
The Alliance of Sahel States plans to create a joint purchasing agency covering Mali, Burkina Faso, and Niger. The initiative aims to regulate cereal...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $25 million and $40 million. The acquisition...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian businessman Abdul Samad Rabiu posted the largest...
Kenya Pipeline Company will list on the Nairobi Securities Exchange by the end of January 2026. The IPO targets local and foreign investors as part of...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
03

Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...

Gabon Appoints Thierry Minko Economy Minister in Post-Transition Reshuffle
04

Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...

Ethiopia Secures Preliminary Eurobond Restructuring Deal With Private Investors
05

Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...

Heirs Holdings Push Oil Equity Production to 50,000 Barrels Per Day Following $496 Million Share Acquisition in SEPLAT
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.