THE GLOBAL FUND BOARD APPROVES US£846 MILLION IN NEW GRANTS

At the fourteenth Board Meeting of the Global Fund held in Guatemala from 31 October – 3 November 2006, funding for all submitted new proposals, amounting to US£846 million were approved to fight AIDS, TB and Malaria. 

Nearly half of the financing through these grants is earmarked for Sub-Saharan Africa; half of the grants will go to fighting AIDS, while the other half will be evenly divided between malaria and TB, over 60% of the grants will go to low income countries. 

Many establishments in Botswana such as NGO’s, government, hospices, counseling centers, day care centers and orphan centers have used  the Global Fund since 2004 to finance their projects which benefited multitudes of needy people.  In the latest development, the Global Fund approved a proposal to finance a TB project in Botswana, and the contract has just been signed. 

Honourable Minister of Health, Professor Sheila Tlou, who is a Board Member of The Global Fund, has also been  selected to be in the Nomination Committee for the recruitment of a new Executive Director to replace the current Executive Director  whose term ends in March 2007.

The 3^rd Ordinary Session of the Conference of African Union Ministers of Health, Sandton Convetion Center, Johannesburg, Republic of South Africa 9^th – 13^th April 2007