$200 Million in Public-Private Funding Pledged to Empower Africans

$200 Million in Public-Private Funding Pledged to Empower Africans

In conjunction with the U.S.-Africa Leaders Summit in Washington, D.C., more than $200 million in public-private partnerships have been announced in support of efforts to improve education, health, and economic opportunity for over a million people on the African continent.

Announced at the Investing in Our Future at the U.S.-Africa Leaders Summit symposium On August 6, the initiatives include the Accelerating Children's HIV/AIDS Treatment (ACT), a $200 million partnership between the U.S. President's Emergency Plan for AIDS Relief (PEPFAR) and the Children's Investment Fund Foundation. With investments of $150 million from PEPFAR and up to $50 million from CIFF, the program will work to double, to six hundred thousand, the number of children in ten African countries receiving life-saving antiretroviral therapy over the next two years.

Other initiatives include a partnership between the Caterpillar Foundation and the U.S. State Department's African Women's Entrepreneurship Program to create self-sustaining women's business centers in sub-Saharan Africa, and the Women and the Web Alliance, which, with support from Intel and the U.S. Agency for International Development, will work to address gender and Internet gaps by bringing more than six hundred thousand young women online in Nigeria and Kenya over the next three years.

In addition, Pink Ribbon Red Ribbon, a global health partnership founded by the George W. Bush Institute, PEPFAR, Susan G. Komen, and the Joint United Nations Program on HIV/AIDS (UNAIDS), announced commitments totaling $3 million from its partners as well as GSK, the Bristol-Myers Squibb Foundation, the American Cancer Society, GE Healthcare, and the International Atomic Energy Agency to expand efforts to prevent, screen for, and treat cervical cancer in Ethiopia and Namibia.