Ecobank renews partnership with the Global Fund

Ecobank Transnational Incorporated (ETI) has renewed its partnership with the Global Fund to Fight AIDS, Tuberculosis and Malaria for a further three years, through its Foundation.
The relationship between the two organisations began in 2011 and the new agreement formalises Ecobank's support for the Global Fund's work in Africa.

Business leaders and development experts were present at the signing ceremony on 16 September 2016, in Montreal, Canada.
According to the terms of the agreement, Ecobank Foundation will work with the Global Fund to build the partnership into an engagement and advocacy platform for organisations and individuals who share a vision of accelerating the transformation of Africa.
Ade Ayeyemi, Ecobank Group CEO, pledged $3 million at the Global Fund's Fifth Replenishment Conference in Montreal. In total, the fifth replenishment raised $12.9 billion with a goal of saving eight more million lives.
"Our job as bankers is to build the technical infrastructure that brings tens of millions more Africans into a more formal financial system. Ecobank's founding fathers established a Pan-African bank to support Africa's transformation. We are pleased to renew our productive partnership with the Global Fund. I am confident that we are a step closer to enabling prosperity across Africa," Ayeyemi said.
Programmes supported by the Global Fund partnership have put 9.2 million people on antiretroviral treatment for HIV, provided 15.1 million people with TB treatment and distributed 659 million mosquito nets to protect families from malaria.
Mark Dybul, Executive Director, Global Fund said, "We are excited about the Ecobank partnership, which improves the impact of our grants in numerous ways. When you workto advance financial management, all the way down to sub-recipients in rural areas, that's hugely important for development."
The Global Fund is an organization designed to accelerate the end of HIV/AIDS, tuberculosis, and malaria as epidemics. As a partnership between governments, civil society, the private sector and people affected by diseases, the Global Fund mobilizes and invests nearly US$4 billion annually to support programmes run by local experts in more than 100 countries and supports attainment of the Sustainable Development Goals adopted by the United Nations.
(c) MIST