Africa: Reducing Malaria Could Boost Africa's Economy By $126.9 Billion

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The report noted that Nigeria's economy could gain $35 billion and international trade $80.7 billion by 2030.

by Malaria No More UK has revealed that achieving the World Health Organisation's target of reducing malaria by 90 per cent by 2030 could add $126.9 billion to Africa's Gross Domestic Product .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 substantial.

It stated that malaria kills 600,000 people annually, with 95 per cent of deaths occurring in Africa, mainly among children under five. 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 highlighted that the connection between health and economic security is far-reaching, with investments in healthcare yielding significant economic benefits.

 

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