The Bill & Melinda Gates Foundation contribute $62.5mn to support health services in Africa

By Catherine Sturman
It has recently been announced that the Bill and Melinda Gates Foundation have contributed €54mn (US$62.5mn) to support and strengthen diagnostic heal...

It has recently been announced that the Bill and Melinda Gates Foundation have contributed €54mn (US$62.5mn) to support and strengthen diagnostic health services in Sub-Saharan Africa under the ‘Breakthrough Energy Europe’ programme.

This cooperation will also help to mobilise private investment in laboratory facilities providing timely, cost-effective and accurate diagnostic services for diseases such as tuberculosis, HIV, and malaria, as well as support maternal and child healthcare.

Additionally, it will allow doctors to detect diseases earlier, respond faster and provide better targeting treatments.  Under this collaboration between the EU and the Bill & Melinda Gates Foundation, poorer people in low-income African countries will have better access to higher quality testing and, therefore, better chances of proper treatment.

The articulation of this programme followed the announcement of President Juncker and Bill Gates earlier in the year on the Gates Foundation's intention to contribute to the EU's External Investment Plan.

Commissioner for International Cooperation and Development Neven Mimica said: "Together with the Bill and Melinda Gates Foundation, we are showcasing the EU's engagement in Africa.

See also

 “Through the Gates Foundation's contribution of €54mn to our External Investment Plan, we will unlock private investment in a sector where additional investments in state-of-the-art testing facilities are urgently needed in order to meet the health needs of ample sectors of the population. This also shows that our approach under the 'Africa – Europe Alliance' works and is attractive to other stakeholders."

Bill Gates, co-chair of the Bill & Melinda Gates Foundation, added: "Our foundation is delighted to partner with the European Commission to strengthen diagnostic services across Africa for the infectious diseases that still kill and harm the highest numbers of the world's poorest people.

“By having better tools to more accurately identify these diseases, we can provide the right treatments at the right time and, ultimately, ensure more people across sub-Saharan Africa are able to live healthy and productive lives."

The majority of the Gates Foundation's contribution – $50mn (€43.2mn) will support the European Fund for Sustainable Development Guarantee, an important pillar of the EU's External Investment Plan. It will be used to help leverage private investment, which will in turn promote inclusive growth and job creation in Africa and the European Neighbourhood countries.

US$12.5mn (€10.8mn) will be invested in technical assistance under the European Health Guarantee Platform for Africa – one of 12 innovative guarantee programmes under the EU's External Investment Plan. It will incentivise research and innovation in e-health in less developed and fragile environments, leading to cheaper healthcare services for people on low incomes and saving lives.

Share

Featured Articles

UnitedHealth CEO Admits Hack hit Third of US Citizens' Data

UnitedHealth Group CEO Andrew Witty tells stunned US congressional hearing Change Healthcare cyberattack affects third of the US population

Why Sanofi Leads the way on Healthcare Sustainability

How French multinational Sanofi is ensuring delivery of essential medical supplies while being ESG-compliant

Philips Q1 Results hit by $1.1bn Respironics Settlement

As Royal Philips reports Q1 2024 results we profile the Netherlands-based healthcare technology company, who made the switch from consumer electronics

Vaccine Breakthrough on Antibiotics Resistant Diseases

Medical Devices & Pharma

Oracle Fusion Cloud Update Boost for Patients

Technology & AI

WHO Tightens air Quality Guidelines as Pollution Kills 7mn

Sustainability