NetGuarantee, a new innovative finance facility, announces its first transaction with Zurich in North America, part of the Zurich Financial Services Group, to celebrate World Malaria Day today, April 25. This collaboration will help accelerate access to and advance the delivery of vital malaria prevention tools in Africa by six to 10 months, and shows how core business competencies and best … [Read more...]
The Global Fund to Fight AIDS, Tuberculosis and Malaria Welcomes Passage of 2011 U.S. Budget
The Global Fund to Fight AIDS, Tuberculosis and Malaria has welcomed passage of the continuing resolution for the Fiscal Year 2011 U.S. budget which contains a US$1.05 billion contribution to The Global Fund. “I offer my sincere thanks to the U.S. on behalf of the millions of people around the world who benefit from resources channeled through The Global Fund. I am grateful to President Obama … [Read more...]
Global Fund Responds to News Stories About Corruption in Grant Spending
Officials from the Global Fund to Fight AIDS, Tuberculosis and Malaria are criticizing recent media reports of misuse of Global Fund grants. They say the reports are based on incidents that occurred and were acted on last year and contain no new revelations. The media reports claim corruption is taking a big bite out of the billions of dollars of grant money disbursed by the Global Fund. And, … [Read more...]