In 2014, the Global Fund partnered with Ecobank, a leading financial institution that operates in 35 countries in Africa. The partnership was renewed in 2016 for an additional three years. Ecobank has invested US$6 million as of September 2019 through financial and in-kind technical support to strengthen the implementation of health programs in countries where the Global Fund invests.
The partnership has focused on four pillars: cash contributions to support malaria programs in Mozambique and Nigeria; financial management training for the Global Fund’s implementing partners; innovative financing solutions; and advocacy in support of the Global Fund’s mission.
Ecobank Foundation has funded Humentum, a financial training company, to sharpen the financial management, accounting and reporting skills of the Global Fund’s implementing partners with participants from 16 African countries.
In addition, Ecobank is supporting the Global Fund and its partners to develop innovative solutions to financial challenges through cash management and mobile money mechanisms.
Ecobank has also shown great leadership in its visibility and advocacy to support of the Global Fund’s mission. It has engaged its employees and customers on World AIDS, TB, and Malaria Days. On World AIDS Day 2016, for example, CEO Ade Ayeyemi was tested for HIV and wrote to all employees on the importance of HIV prevention.
Ecobank has provided an important direct financial contribution to support the Global Fund’s malaria programs in Mozambique (2017-2019) and Nigeria (2014-2016).
Since 2014, the partnership has leveraged Ecobank’s financial expertise to provide innovative trainings to Global Fund grant implementers, targeting more than 20 countries.
By improving in-country management systems, Ecobank and the Global Fund seek to maximize the performance of investments and support the sustainability of health programs. This will ultimately contribute to greater impact in the fight against HIV, tuberculosis and malaria, and ensure that more people have access to quality health care and treatment.
Read more in our Focus On publication:
Pledge and contribution data updated on: 11 June 2020