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
I&P closes €41m for IPAE 3, targeting €70m by 2026 Fund will invest €1-5m in 15-20 SMEs across West Africa and Madagascar IPAE...
Company to invest about $378 million globally over two years Africa to receive 94 % of funding, targeting seven key...
Parliament adopts CFA335.2 billion budget for 2026 transport programs Road transport receives the largest share, followed by air and rail...
Sierra Leone launched the Redsalt Angel Investment Network (RAIN) and signed a Framework Agreement with the Ministry of Communication, Technology, and...
Most Read
01

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
02

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
03

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
04

JA Africa launches $1.5M digital safety program in four African countries Initiative to ...

Google.org, JA Africa to Train Children, Teachers and Caregivers in Digital Safety
05

Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...

Major Tech Reforms Needed for Francophone SSA to Attract More Investment, Report Says
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.