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Malaria Costs Africa $12bn a Year

Malaria costs Africa about $12 billion a year, according to the World Health Organization, reported by Reuters. WHO southern Africa regional director Antoine Kabore said:

The burden on health systems, absenteeism among school children and diminished or lost worker productivity, all contribute to make malaria a significant contributor to low economic growth in endemic countries, estimated at costing African countries about $12 billion.

David Brandling-Bennett, a senior program officer at the Bill & Melinda Gates Foundation, told Reuters

CGD's Steve Radelet Testifies for HIRC Hearing

CGD senior fellow, Steve Radelet, testified before the House International Relations Committee hearing entitled "Millennium Challenge Account: Does the Program Match the Vision?" Steve's testimony focused on six key challenges that the MCC faces as it works to make its bold vision a reality.
1. Scaling Up to the Original MCA Vision
2. Balancing the Tensions between the Consultative Process, Quality and Speed
3. Firmly Establishing the Principle of Local Ownership
4. Ensuring High Quality Programs
5. Demanding Results while Encouraging Innovation

Leadership, Results Gets Madagascar $110 Million

Madagascar"I am a man of action," Madagascar's President Mark Ravalomana told his audience at the Johns Hopkins' School of Advanced International Studies today. Ravalomana was in Washington DC, for the signing of a $110 million poverty reduction compact between his country and the United States.

Malaria Trial Could Set a Model For Financing of Costly Vaccines

The Wall Street Journal has a front page article today about progress towards a Malaria Vaccine. (Subscription required.)

"Under two new funding strategies championed by Microsoft Corp. founder Bill Gates and Britain's finance minister, Gordon Brown, rich nations and their private-sector partners for the first time would jointly guarantee the provision of vaccines against the worst scourges afflicting the developing world.

Gordon Brown Says Growing Interest in Advance Market Commitments

Gordon BrownGordon Brown said on Monday that there is growing interest in advance purchase commitments to buy a malaria vaccine. The UK Finance Minister was speaking on the occasion of being awarded a Commitment to Development Award by the Center for Global Development and Foreign Policy Magazine.

AIDS Vaccine Trials a Success in India

According to Rediff, a new AIDS vaccine could be as little as 5 years away:

Upbeat at the successful completion of clinical trials of an HIV/AIDS vaccine on first 10 volunteers in Pune, the Indian Council of Medical Research on Wednesday said if things go right the antidote for the dreaded disease will be available in the market five years from now.

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