Africa: $16bn Yearly Boost to African Economies If We Cut Malaria By 90 Percent By 2030

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Africa: $16bn Yearly Boost to African Economies If We Cut Malaria By 90 Percent By 2030
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New research from Oxford Economics Africa, commissioned by RBM partner Malaria No More UK, reveals that getting back on track for the Sustainable Development Goal target on malaria would significantly bolster African economies and increase global trade.

Achieving the target of reducing malaria by 90% from 2015 levels by 2030 could increase Africa n GDP by $126.9 billion cumulatively between 2023 and 2030, averaging an annual boost of nearly $16 billion, larger than Niger's entire economy today.

Malaria currently claims over 600,000 lives annually. The World Health Organization estimates that malaria interventions have prevented 2.1 billion cases and 11.7 million deaths from 2000 to 2022. While children account for three-quarters of global malaria deaths, the disease also significantly impacts the working-age population, leading to employee absenteeism, reduced income, and increased healthcare costs.

This analysis comes ahead of the G7 leaders' summit taking place in Italy in mid-June. Working in partnership with endemic countries, G7 states have played a vital role in the establishment of global health initiatives like Gavi, the Vaccine Alliance, and The Global Fund to Fight AIDS, Tuberculosis, and Malaria. These institutions provide significant funds to the malaria fight and are important to getting back on track to its 2030 goals.

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