Would you like to receive notifications on latest updates of the following headlines?

Malaria Reduction Capable Of Boosting Africa's Economy By $126.9Bn-Report

POSTED ON July 4, 2024 •   HEALTH & WELLNESS      BY Abiodun Saheed Omodara
Mosquitoes l Credit: Premiumtimesng

A new report by Malaria No More UK has revealed that achieving the World Health Organisation’s (WHO) target of reducing malaria by 90 per cent by 2030 could add $126.9 billion to Africa’s Gross Domestic Product (GDP).

The report was shared by Gavi- the Vaccine Alliance, on its website on Tuesday.

Titled: “The Malaria ‘Dividend”, the report utilised data and analytics from Oxford Economics Africa, noting that the potential economic benefits of reducing malaria cases are substantia 
It stated that Nigeria’s economy could gain $35 billion and international trade $80.7 billion by 2030.
    
“This economic uplift would add $35 billion to Nigeria’s economy – already one of the largest on the continent – and could increase international trade by $80.7 billion by 2030,” the report noted.

Malaria burden in Africa

According to the report, the world is unlikely to meet the WHO’s 2030 target of reducing malaria cases and deaths by 90 per cent.
It stated that malaria kills 600,000 people annually, with 95 per cent of deaths occurring in Africa, mainly among children under five.

It added that the disease also affects working-age adults, leading to lost income and increased healthcare costs, resulting in a significant economic burden.

According to the report, the fight against malaria has been hindered by a combination of factors, including climate change, conflicts, drug and insecticide resistance, and the Covid 19 pandemic, creating a “perfect storm” that has slowed progress in reducing malaria cases and deaths.

“While great progress was made in the first two decades of the century– the global mortality rate for malaria halved between 2000 and 2015, and case incidence fell by 26 per cent – the fight is far from over,” the report noted

It further suggested that achieving the 90 per cent reduction in malaria by 2030 is still possible with collective efforts and the introduction of new tools, such as advanced vaccines and other groundbreaking innovations that could turn the tide in the fight against malaria.

It revealed that lowering the economic burden of malaria would enable countries to enhance their overall healthcare systems, including upgrading diagnostic capabilities and healthcare workforce, leading to improved health and economic security.

Funding

The report stated that continuous support from organisations like Gavi and the Global Fund is crucial to combat malaria and other diseases, fostering a stronger link between health and economic stability globally.

“In the near term of the next 18 months, the necessity of adequately funding both the Global Fund and Gavi at their upcoming replenishments cannot be overstated,” it noted.

It highlighted that the connection between health and economic security is far-reaching, with investments in healthcare yielding significant economic benefits.

Citing a report by the World Economic Forum and McKinsey Health Institute, the report noted that addressing the women’s health gap could add $1 trillion to the global economy by 2040, preventing 24 million years lost due to disability and providing a $400 billion economic uplift.

Malaria in Nigeria
Malaria transmission within the country is high and even higher in rural communities situated by the banks of major rivers and water bodies.

The disease is caused by tiny parasites called plasmodium, often found in mosquitoes.

The National Malaria Elimination Programme (NMEP) reports that Malaria accounts for 60 per cent of outpatient visits to health facilities across the country and 30 per cent of childhood deaths.
Globally, there are an estimated 249 million malaria cases and 608,000 malaria deaths among 85 countries.

The African region carries a disproportionately high share of the global malaria burden.

READ ALSO
Dengue Fever Outbreak, 86 Cases Confirmed
BY Abiodun Saheed Omodara July 4, 2025 0

EDO, Nigeria - The Ministry of Health in Edo State reported on Friday that there is an outbreak of d...

READ ALSO
Over 50% of Psychiatric Admissions Linked to Drug Abuse in Yola- Psychiatrist
BY Abiodun Saheed Omodara June 27, 2025 0

YOLA, Nigeria - A consultant psychiatrist, Joel Umar, noted that a significant increase in drug abus...

READ ALSO
Kylian Mbappé to rejoin Team after Food Poison Treatment
BY Abiodun Saheed Omodara June 20, 2025 0

France and Real Madrid of Spain forward, Kylian Mbappe, has been discharged from hospital after bein...

READ ALSO
WHO Unveils First Global Guidelines for Managing Sickle Cell Disease in Pregnancy
BY Abiodun Saheed Omodara June 19, 2025 0

The World Health Organisation (WHO) has introduced its inaugural global guideline for managing sickl...

READ ALSO
NDLEA Alerts Parents: Watch for Suspicious Snacks in Children's Bags
BY Abiodun Saheed Omodara June 15, 2025 0

The National Drug Law Enforcement Agency (NDLEA) has issued a serious warning to parents, advising t...

READ ALSO
Health Council Workers Face Salary Delays Due to Federal Funding Cuts
BY Abiodun Saheed Omodara June 11, 2025 0

More than 1,500 health professionals associated with the Environmental Health Council of Nigeria hav...

READ ALSO
WHO Declares Mpox Public Health Emergency of International Concern
BY Abiodun Saheed Omodara June 11, 2025 0

The World Health Organization has stated that the ongoing rise in mpox cases qualifies as a Public H...

READ ALSO
Students mobilise for Malaria Contest with N1b Geneith health
BY Abiodun Saheed Omodara June 5, 2025 0

In an effort to tackle one of Nigeria’s deadliest diseases, Geneith Pharmaceuticals Ltd has la...

OUR CHANNELS:

LASIEC Awards Certificates to Elected Chairmen and Councillors
BY Abiodun Saheed Omodara July 17, 2025 0

The Lagos State Independent Electoral Commission (LASIEC) has awarded certificates of return to the...


FG Unveils Strategy to Enhance Aquaculture and Reduce Fish Imports in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

The federal government is committed to reducing Nigeria's reliance on fish imports by enhancing loca...


Obasanjo Advocates for Effective Operators Over a Perfect Constitution in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

Former President Olusegun Obasanjo says Nigeria needs the right operators of the constitution, not a...


FG Partners CILSS to Enhance Food and Nutrition Safety in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

The Federal Government is intensifying its initiatives to improve food and nutrition safety through...


Awujale's Burial Liberation for Yoruba Traditional Institution - Oluwo of Iwo
BY Abiodun Saheed Omodara July 16, 2025 0

The Oluwo of Iwo, Oba Abdulrosheed Akanbi, has referred to the burial of the late Awujale of Ijebula...


Dangote Aims to Cut Cooking Gas Prices, Plans Direct Sales to Consumers
BY Abiodun Saheed Omodara July 17, 2025 0

President of the Dangote Group, Alhaji Aliko Dangote,  has revealed intentions to lower th...


Meta Cracks Down on Fake Profiles: Over 10 Million Accounts Removed
BY Abiodun Saheed Omodara July 17, 2025 0

Meta, the parent organization of Facebook, has intensified its initiatives to enhance the platform's...


Nation Mourns: Tears Flow at the Funeral of Former President Muhammadu Buhari
BY Abiodun Saheed Omodara July 17, 2025 0

Tears streamed down faces at the funeral for the late former president, Muhammadu Buhari, as his bod...


Oyo Speaker Advocate Creation of State Police amidst 700,000 Lives Lost to Insecurity
BY Abiodun Saheed Omodara July 17, 2025 0

The Speaker of the Oyo State House of Assembly, Adebo Ogundoyin, has advocated for the creation of s...


Police kill six suspected kidnappers in Delta
BY Abiodun Saheed Omodara July 17, 2025 0

The Delta Police Command reports that six kidnapping suspects have been eliminated in the state.&nbs...


More Articles

Load more...

Menu