Global Fund Commits U.S. $24 Billion to African Health Sector in Liberia.
Ahead of the Sixth Tokyo International Conference on African Development (TICAD-VI), this is Japan’s flagship program for African development, held in Nairobi, Kenya at the weekend.
The Executive Director of the Global Fund to Fight AIDS, Tuberculosis and Malaria, Mark Dybul, said Global Fund has committed itself to investing US$24 billion in Africa over the next three to five years in “Reducing and preventing HIV, TB and malaria which is critically important to alleviate the burden on health systems.”
He noted that in order to accelerate Universal Health Coverage (UHC), and all of the health SDGs, they also are “actively investing to build resilient and sustainable systems for health.” Adding thaTthe release revealed that the World Bank Group through its International Bank for Reconstruction and Development and International Development Association windows is expected to contribute $15 billion in the next five years to investments that are critical to UHC, including through the Global Financing Facility, the Power of Nutrition and early childhood development.
It will also fund pandemic preparedness, targeting the poor, crisis preparedness and response, and leveraging the private sector, and The Global Fund’s US$9 billion commitment for 2017 through 2019 includes US$6 billion of investments in programs that treat and prevent HIV, TB and malaria