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    Gov Makinde’s claim of FG withholding ₦250b NLNG dividends defies basic logic and economic reality – Presidency

    Nigeria: Uduaghan, ex- Delta State governor is dead

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    Nigerians to feel relief as economic reforms begin to yield result – FG

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    SERAP sues INEC over failure to account for alleged missing ₦126b electoral funds

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria: Speaker Abbas commissions two power projects in Soba, lays foundation for others

    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

    Lagos to host South-West bi-annual Food Systems Transformation Strategy Review

    Senate Leader dismisses alleged move to impeach Akpabio

    Nigeria: Akpabio urges National Assembly Service Commission to adhere to due process

    DSS snatches arms supplier kingpin Musa Abubakar in Plateau

    Nigeria: DSS nabs Faisal, fugitive son of ex-chairman of defunct Pension Reform Task Team

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister advances Tinubu’s Renewed Hope Agenda as Birmingham, UNILAG launch world-class joint degrees

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG seeks seeks overhaul of fragmented academic calendar

    Nigeria: Senate confirms three nominees as non-career ambassadors, two commissioners of NERC

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

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    Nigeria: FG revitalises 4,434 PHCs as patient visits rise to 45m quarterly

    NAFDAC to enforce alcohol sachet ban by 2026

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    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth sets Oct 27 for Q3 2026 board meeting as closed period takes effect

    Fidson Healthcare board to meet on October 22 to consider Q3 2026 results – investors eye earnings update

    Fidson Healthcare board to meet on October 22 to consider Q3 2026 results – investors eye earnings update

    Nigeria’s economy risks millions in losses as $2.45b  eye care return remains untapped

    Nigeria’s economy risks millions in losses as $2.45b  eye care return remains untapped

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Clinoscope Services offloads 5.7m shares in Neimeth Pharmaceuticals

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Neimeth International Pharmaceuticals’ Non-Executive Director, Eric Okoruwa acquires 714,285 shares

    Juli Plc announces AGM date and corporate actions schedule for September 2026

    Juli Plc approves 2025 financials, reconstitutes board at AGM

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    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Communique issued at the end of the 10th Annual Conference of GOCOP

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Lagos, Delta, Imo, Ekiti, Shell, Access Bank, NASENI join GOCOP conference partners

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

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    The Eagle Online will continue to fly, Dotun Oladipo family assures

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

    CP Abayomi Shogunle, Prof Tayo Popoola, Adaora Onyechere Sydney-Jack, Lanre Arogundade to speak at GOCOP 2026 conference

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    NNPC, Eni award 30 post graduate scholarships to Nigerian graduates

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    Fidelity Bank grows gross earnings by 46% to N749b in H1 2025

    Fidelity Bank holds 38th AGM: Shareholders greenlight 2025 financials and board changes

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

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    Abiodun family awards over ₦100m scholarships to 831 indigent students

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    IMF urges fiscal discipline, trade cooperation amid global uncertainty

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    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

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    Twenty years of progress on gender parity now fragile  – WEF Report

    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

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    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

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    NASENI to empower 500 Kaduna households with clean energy, commission drone facility

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    Gov Makinde’s claim of FG withholding ₦250b NLNG dividends defies basic logic and economic reality – Presidency

    Nigeria: Uduaghan, ex- Delta State governor is dead

    Nigeria: Services sector leads GDP growth to 3.98% in Q3 2025 

    Nigerians to feel relief as economic reforms begin to yield result – FG

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    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

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    Senate Leader dismisses alleged move to impeach Akpabio

    Nigeria: Akpabio urges National Assembly Service Commission to adhere to due process

    DSS snatches arms supplier kingpin Musa Abubakar in Plateau

    Nigeria: DSS nabs Faisal, fugitive son of ex-chairman of defunct Pension Reform Task Team

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

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    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

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    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister praises Dangote Foundation’s move to empower four million students with IPO shares

    Nigeria: Minister reaffirms Tinubu administration’s commitment to workers’ welfare, urges VCs to pay CATA, CONTA, CONMESS

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Education Minister asks VCs to prioritise critical degree programmes for manpower shortages

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    Nigeria: Minister advances Tinubu’s Renewed Hope Agenda as Birmingham, UNILAG launch world-class joint degrees

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    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Communique issued at the end of the 10th Annual Conference of GOCOP

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

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    DAAR Communications announces closed period ahead of Q3 2026 financial results

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    Abiodun’s Education Support Programme expands to 1,277 beneficiaries, introduces entrepreneurship, digital skills training

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    Abiodun family awards over ₦100m scholarships to 831 indigent students

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Home Africa

Report projects about $16b yearly boost to African economies from cutting malaria

by Press Release
June 5, 2024
in Africa, Health
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The GDP of countries in Africa could rise by an additional $126.9bn if the UN target to cut malaria by 90% from 2015 levels by 2030 is met, according to research in a new report titled ‘The Malaria Dividend’ from Malaria No More UK.

This represents an average boost of nearly $16bn a year to African economies, for context, this overall sum of nearly $16bn amounts to more than 10% of collective annual spending on health for all countries in Africa.

The research also showed reaching this goal could generate an additional $31bn in exports to some of the most affected malaria endemic countries in Africa; with an almost $4bn rise for G7 countries, almost $1.5bn for the US and more than $450m for the UK.

These figures provide yet further rationale for G7 countries in particular, as key supporters of interventions to drive down malaria, to continue to invest in the fight to end the disease.

Malaria currently claims the lives of over 600,000 people a year, and The World Health Organization estimates that malaria interventions have contributed to the prevention of 2.1bn cases and 11.7m deaths between 2000 to 2022.

Whilst children represent around three quarters of global malaria deaths, infections also impact the working age population and can constrain economic growth through employee absenteeism, diminished income, reduced income tax and additional healthcare costs.

Children suffering from malaria can also experience frequent absences from school, hindering their educational progress and eventual economic contribution, as well as creating a significant additional burden on healthcare services and for the parents caring for them.

Some of the countries in Africa to benefit the most include Nigeria which would see a GDP boost of almost $35bn between 2023-2030, over $9bn for Kenya and $8.5bn for Angola, largely due to the size of their economies and high prevalence of malaria.

This economic dividend could be partly used to further strengthen the health sector through enhanced diagnostic capacity, healthcare workforce and stronger primary healthcare infrastructure. In doing so, these countries could be better prepared to prevent and fight future threats, such as new diseases with pandemic potential, making all countries, including G7 nations, safer and better prepared.

The analysis comes ahead of the G7 Summit hosted in Italy on 13-15 June. During her country’s presidency, Prime Minister Giorgia Meloni has made a priority of working in partnership to stimulate economic growth in Africa, including investments in the continent’s health systems.

The G7 has helped establish global health initiatives such as Gavi, the Vaccine Alliance, which plays a vital role in increasing access to vaccines, and The Global Fund to Fight Aids, Tuberculosis and Malaria, which has long been critical to increasing access to tools and treatments to combat malaria.

For the first time, Gavi will have two effective malaria vaccinations available for its next investment case due to launch on 20 June. When accompanied by tools such as next-generation bed nets, these vaccines will play an important role in revitalising the fight to end malaria, which has stalled in recent years.

Dr Astrid Bonfield, Chief Executive Officer of Malaria No More UK, said:  “Investing more in the fight to end malaria can save millions of lives, grow African economies and boost trade. This can unlock new funds to bolster health spending and strengthen health security in African countries and globally, showing how malaria investment can rebalance economic power and deliver wide-ranging benefits.

“The rise in global trade with African countries also allows other nations to keep the disease at bay by sustaining malaria research and development funding and continuing to invest in life sciences more widely to tackle other infectious diseases.

“In a storm of global challenges, G7 and malaria-endemic countries can work hand in hand to drive greater investment in malaria, through Gavi and The Global Fund to save lives, unlock prosperity and strengthen health security.”

Despite being off track for the global malaria reduction target, the availability of new tools, like vaccines and ‘next generation’ bed nets, means the target can still be met if governments provide Gavi and The Global Fund with enough funding so that the tools can reach those that need them.

Dr Michael Charles, CEO of the RBM Partnership to End Malaria, said: “Malaria is a preventable and treatable disease but it continues to needlessly cost lives and hold back endemic countries from making critical social and economic gains. We must prioritise our 2030 target of reducing malaria by 90% compared to 2015 levels to end this tragic cycle.

“The investment gap for fighting malaria remains problematic, preventing a more rapid and systematic rollout of the tools and treatments which we already have and which we know work. But this research provides yet another case for investing in tackling this disease.

“While the upfront costs may seem substantial, the reality is that the benefits of reaching our goals far outweigh the costs. With the right investment, we can implement the appropriate malaria control strategies worldwide, save lives, and see economies substantially boosted through a combination of local growth and international trade.”

Case study: George Otieno

George Otieno is a father, fisherman and community leader from a fishing village on the shores of Lake Victoria in Kisumu county, Kenya. He knows the impact of malaria firsthand: “Malaria is always affecting my family, year in year out. Even the fishing community… when you’re sick with malaria you’re not going to work, you’re not going to fish – it’s very dangerous to the fishing community.

“It’s important to advocate to end malaria so it can give us the energy to build our economy…if you’re healthy, the revenue we collect will go up because fisherman and crews are working, mothers are working and those doing related trading activities are also working.

“With zero malaria our children will go to school, our fishermen will go to work, our farmers will go to the farm and those who are trading can do their business.”

Fever-Tree, the world’s leading premium mixer brand, sources quinine, the key ingredient for its tonic water, from the Democratic Republic of Congo, a country which is severely impacted by malaria. The company has a decade-long commitment to ending malaria, enabled through funding public health behaviour change campaigns across a number of counties in Kenya and raising public awareness through its packaging and social media.

Saffy Jones, Sustainability Manager at Fever-Tree, said: “We understand the devastation malaria causes through the experiences of our partners in many regions where we source our ingredients from; it claims millions of lives, causes terrible sickness and ravages societies.

“But it is a disease that can be defeated and this research shows that with a coordinated global effort we can all make a difference and in so doing boost national economies in Africa.

“This historic humanitarian achievement would create a positive ripple effect around the world is something we should all get behind.”

Tags: AfricaDr Astrid BonfieldDr Michael CharlesMalaria No More UKThe Malaria Dividend
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