At WEF Africa, $24M Announced for MDG Emergency Fund
Private Sector Health Alliance of Nigeria provides significant boost to MDG acceleration efforts.
On the occasion of the World Economic Forum on Africa (WEFA), leaders of the Private Sector Health Alliance of Nigeria (PHN) announced an MDG emergency fund with an initial contribution of $24 million.
Announcing the launch of the fund, Chairman of Dangote Group, Alhaji Aliko Dangote and PHN’s Founding Patron, said the money would be deployed “to kick off the implementation of the saving of one million lives under an initiative in Nigeria and to ensure that we meet our collective goals, including meeting the Millennium Development Goals (MDGs) in 2015.”
The initial $24 million commitment will allow 14 pilot states to commence programmatic work, and is part of an overall goal of raising $56.5 million over the next two years in support of Nigeria’s health MDG targets.
The Special Envoy’s Office has been working with the PHN to support its engagement in helping to achieve the health-related MDGs in Nigeria. Full coverage of the announcement at WEFA is available in an article in This Day Live.
In February, Special Envoy Ray Chambers visited Nigeria for the unveiling — in partnership with a coalition of government officials, private sector leaders including PHN and development partners — of an aligned vision for accelerating progress to achieve the health-related MDGs in Nigeria. Read more about the announcement, here.