FG announces plan to borrow $300m to eliminate malaria

The Federal Government is to secure a US$300 million from the World Bank, Islamic Development
Bank and African Development Bank to eliminate malaria in the country.
This is contained in a statement issued by the African Leaders Malaria Alliance (ALMA) on the
Commonwealth Heads of Government Meeting 2018 just ended in London. The government said in
the statement that it would elevate malaria on the national priority list and finance its national
malaria elimination strategy.
The statement said Nigeria also pledged an additional US$18.7 million to leverage US$37 million from
the Global Fund to distribute 15 million mosquito nets and to support the local manufacture of
essential malaria commodities. It said that ALMA applauds the commitment by 53 Commonwealth
leaders to halve malaria across the Commonwealth nations within the next five years. It said the
game-changing commitment followed the Malaria Summit, where leaders from malaria-affected
countries, businesses, donors and Commonwealth leaders to get ready to beat the scourge of
malaria.
The statement said the commitment from the Commonwealth has the potential to prevent 350 million
malaria cases and save 650,000 lives. It added 90 per cent of global malaria cases and deaths occur
on the African continent and the impact of this renewed focus to eliminate malaria will be felt across
the continent. The statement noted that apart from the commitment from Nigeria, 11 African
countries in the Commonwealth announced new commitment and affirmed their determination to
eliminate malaria. It enumerated the countries to include Ghana, Kenya, Malawi, Mozambique,
Namibia, United Republic of Tanzania, The Gambia, Uganda, Rwanda and Zambia. The statement
added that ALMA further committed to the African Union’s (AU) Catalytic Framework to end AIDS,
TB and Eliminate Malaria by 2030.
Besides, it said that the AU was also committed to supporting member countries to introduce and
strengthen the use of national and sub-national malaria scorecards and action trackers, with robust
community engagement to support increased domestic funding. According to the statement, AU will
continue its work with Heads of State and Government in Africa to monitor progress towards this
goal.
“Additional commitments from the international community includes the UK Government’s
commitment to spend £500 million a year through 2020-2021 and an extra £100 million
commitment to the Global Fund. The Bill and Melinda Gates Foundation also announced an
additional US$1 billion through 2023 to fund research and development to reduce the burden of
malaria. In addition, the Bill and Melinda Gates Foundation pledged £50 million in matching funds
against the UK Government’s additional £100 commitment to the Global Fund,’’ it said.

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