Investment Round 2024: Strengthening Health Financing in Africa

27 Aug 2024

On August 27, 2024, during the WHO Regional Committee for Africa, 14 African nations and key global partners collectively committed over US$ 45 million towards sustainable financing for the World Health Organization (WHO). This collective pledge aims to generate sustainable financing for health initiatives across the continent, focusing on both communicable and noncommunicable diseases.

A significant highlight of this investment round was the Children's Investment Fund Foundation (CIFF) pledged US$ 10 million for initiatives addressing intersections between sexual and reproductive health and rights, maternal and newborn health, climate and health and neglected tropical diseases over the next four years. CIFF's commitment underscores the critical importance of integrating environmental health into broader health initiatives, reinforcing the notion that every dollar counts in the fight against disease in Africa.

Equally noteworthy is the Kuwait Fund for Arab Economic Development which renewed its longstanding support, committing US$ 5 million to the Expanded Special Project for Elimination of Neglected Tropical Diseases (ESPEN) from 2024 to 2028. This pledge highlights Kuwait's remarkable contribution to the fight against NTDs, with a historical commitment dating back to 1974 when it first supported the Onchocerciasis Control Programme (OCP) and later the African Programme for Onchocerciasis Control (APOC). Such enduring partnerships are crucial for sustaining efforts against NTDs and ensuring long-term health improvements across the region.

During this investment round, additional pledges further exemplified the collaborative spirit. The Arab Bank for Economic Development in Africa (BADEA) committed to strengthening health systems and enhancing vaccine distribution throughout the continent. The Helmsley Charitable Trust focused on addressing noncommunicable diseases (NCDs) through its PEN-Plus initiative, which integrates care delivery strategies to better manage these chronic conditions. Furthermore, the World Diabetes Foundation allocated US$ 3.8 million to combat diabetes and other NCDs, particularly in vulnerable communities, reflecting a holistic approach to health that the investment round embodies.

Moreover, Roche Africa pledged USD 1.6 million specifically to combat cervical cancer, marking a crucial investment in women's health. The WHO Foundation also made a significant commitment of USD 15 million, which includes funding for mental health initiatives. This comprehensive investment approach underscores the importance of comprehensive health strategies in achieving universal health coverage across Africa.

The overall message from the investment round resonates clearly: #HealthForAll is an investment, not a cost. With substantial financial commitments and renewed partnerships, the investment round represents a crucial step towards achieving the goal of ending diseases in Africa. As the world unites to combat NTDs and strengthen health systems, every dollar counts in the collective effort to secure a healthier future for all Africans.