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Funding for innovative AIDS projects

    JOHANNESBURG

    Twenty-four innovative new HIV/AIDS projects from across Southern Africa were recently presented with start-up funds by the World Bank's Development Marketplace.

    Nearly US $400,000 was awarded by the Bank and its development partners to HIV/AIDS-related projects that brought people and institutions together and showed promise of moving from concept to concrete results.

    World Bank managing director, Dr Mamphela Ramphele, told the UN news service PlusNews the Bank had tapped into the non-governmental sector to look for innovation.

    "Governments have their own structures and rules that restrict people from being able to think out-of-the-box. Innovative people like the ones we are celebrating here today are social entrepreneurs that follow hunches... we are able to help them follow their hunch with resources that are accessible because we believe in their vision," Ramphele said.

    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

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