1. Home
  2. Africa
  • News

AIDS spending on the rise - World Bank

Resources to tackle global HIV/AIDS have increased over recent years, from US $300 million in 1996 to $8 billion this year, according to a new World Bank report released during last week's international AIDS conference in Nigeria. Titled 'The World Bank's Global HIV/AIDS Programme of Action', the report said funding for AIDS in Africa had risen from an average of $10 million annually a decade ago to more than $250 million annually over the last four years. The report also laid out the Bank's future role in addressing the pandemic, saying it would remain a "major financier of AIDS activity globally", particularly in central and West Africa. The Bank has highlighted the importance of "predictable, multiyear bank funding" in helping hard-hit countries ensure sustainability of their anti-AIDS programmes.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

Share this article

Get the day’s top headlines in your inbox every morning

Starting at just $5 a month, you can become a member of The New Humanitarian and receive our premium newsletter, DAWNS Digest.

DAWNS Digest has been the trusted essential morning read for global aid and foreign policy professionals for more than 10 years.

Government, media, global governance organisations, NGOs, academics, and more subscribe to DAWNS to receive the day’s top global headlines of news and analysis in their inboxes every weekday morning.

It’s the perfect way to start your day.

Become a member of The New Humanitarian today and you’ll automatically be subscribed to DAWNS Digest – free of charge.

Become a member of The New Humanitarian

Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

Join