Global Fund raises $13.92bn to fight AIDS, TB, malaria

India's TCS misses quarterly profit estimates as demand slows

India's TCS misses quarterly profit estimates as demand slows

The aim is to gather more money than during the last funding conference in 2016 ($12.2 billion).

Zambia has pledged to contribute 5.5 million United States dollars to the Global Fund towards fighting HIV and AIDS, Tuberculosis -TB and Malaria. The fund says the money will help save 16 million lives and avert 234 million infections by 2023.

Held every three years, the conference aims to raise at least 14 billion USA dollars to help save 16 million lives and avert 234 million infections, according to the Global Fund.

A dozen of heads of state and government, mostly from African countries, as well as philanthropists such as Bill Gates, whose foundation has been a major donor, are attending the two-day conference of the Global Fund to fight AIDS, Tuberculosis and Malaria. "We must reach $14 million in the next three hours".

Nearly 14 billion USA dollars (£11.4 billion) has been raised to finance the global fight against Aids, tuberculosis and malaria over the next three years, French President Emmanuel Macron has said.

French President Emmanuel Macron took time to shake hands with Zambia's Health Minister, Hon.

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He said France raised its pledge by 15% to 1.24 billion euros ($1.37 billion). Dr. Chitalu Chilufya at the end of the Global Funds Replenishment Conference.

The US Congress has approved a commitment to give a total of $4.68 billion (€4.24bn) over three years.

"What we want to do is to make AIDS, tuberculosis and malaria disappear from the face of the Earth", he added to applause.

Donations are used to directly finance programmes to prevent and fight the diseases, which together kill about 2.5 million people every year.

He highlighted that, 32 million lives have been saved and there has been a 50 percent decline in the number of deaths from HIV and the number of survivors has increased as compared to the facts 20 years ago. The U.S. and France are the biggest donors.

Briefly, it could help get the world back on track to end HIV, tuberculosis, and malaria as set in the Sustainable Development Goals (SDGs) target.

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