adplus-dvertising
Business News

Nigeria tops list as African Nations secure $4.08 billion Global Fund for healthcare in H1 2024 

WATCH THE VIDEO HERE

Several African nations have received a cumulative total of $4.08 billion from

The Global Fund in a substantial boost to the continent’s healthcare systems in the first half of 2024.  

This funding, allocated for the 2024-2026 period, is directed at combating these major diseases while strengthening healthcare infrastructures across the continent and improving overall healthcare delivery.  

The investments aim to enhance health outcomes and contribute to the achievement of universal health coverage and Sustainable Development Goals by 2030.  

The funds are crucial for implementing long-term strategies to address public health challenges, reduce disease burdens, and support the development of sustainable health systems across Africa.  

The targeted investments will also enhance regional capacity to respond to future health crises. 

Côte D’Ivoire received €230 million ($253 million), Sierra Leone secured $136 million, and Mali received €102 million ($112.2 million), all aimed at enhancing healthcare delivery and combating endemic diseases. 

Other significant recipients Kenya with $407 million, and Zambia with $362 million. These funds aim to sustain progress against major diseases while strengthening community and health systems.  

Ethiopia has received $441 million to sustain progress against HIV, TB, and malaria while strengthening health systems over the next several years.  

Tanzania has been granted over $602.8 million, targeting the continuation of its fight against AIDS, TB, malaria while strengthening community and health systems in the country.  

Mozambique follows as the second-largest recipient with $771 million. The grants will support efforts to sustain progress against HIV, TB, and malaria, while investing in health systems resilient to emerging crises, such as those driven by climate change.  

Nigeria leads the list, securing $993 million to combat AIDS, tuberculosis, and malaria, alongside efforts to strengthen healthcare infrastructures and pandemic preparedness. 

What you should know  

The Global Fund operates as a financing institution that pools resources from governments, the private sector, and other donors, distributing funds to support targeted programs in countries heavily affected by these diseases.  

The Global Fund partners closely with African governments, civil society, and affected communities to tailor interventions that meet the specific needs of each country.  

 

 

WATCH FULL VIDEO

WATCH THE VIDEO HERE