Friday, April 19, 2024

Ecobank Foundation commits $750,000 to eradicate malaria in Mozambique

The Ecobank Foundation is set to partner the Global Fund to Fight AIDS, Tuberculosis and Malaria to donate $750,000 to the Ministry of Health in Mozambique to help combat malaria in the country.
The financial contribution will support a net distribution campaign, while also providing life-saving testing and treatments.
The Chief Executive Officer of the Foundation, Ms. Julie Essiam, said, “Mozambique has made great progress in the fight against malaria. With this financial contribution, we are supporting the government in its determination to become a malaria-free country. We are a step closer to improving the quality of lives of children, families and whole communities.”
When it renewed its three-year partnership with the Global Fund in December 2016, the Ecobank Foundation committed a contribution of $750,000 for the fight against malaria in an African country. These funds were multiplied through the United Kingdom Government’s Department for International Development matching scheme, which pledges $2 for every $1 committed by a private donor.
Hence, through this public private partnership brokered by the Global Fund, Ecobank Foundation’s contribution amounts to $2.25 million for the government-led programme in Mozambique.
One of the main objectives of the partnership is to strengthen the financial management capacity of the Global Fund’s grant recipients in Africa. In 2017, implementing partners in Liberia and Chad have been trained to improve their treasury and cash management capabilities.
Mozambique will be one of the countries where the capacity building programme will be rolled out this year.
The Director, External Relations, Global Fund, Mr. Christoph Benn, said, “The Ecobank Foundation shares our mission of building healthier and prosperous communities.
“Ecobank’s commitment to strengthening the financial expertise of our partners will help increase our response to the diseases in an effective manner. Through innovative public-private partnerships, we can make long-lasting impact in the communities we serve.”

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