Time: 2024-07-21
Malaria remains a pressing global issue , particularly in Africa , where the majority of malaria - related deaths occur . In 2022 , over 69 people died from malaria every hour , with a significant portion being children under five years old . The economic impact of malaria is staggering , with the 13 Focus Countries representing a substantial percentage of worldwide malaria cases and deaths . Despite international efforts , there remains a significant funding gap of US$ 3.9 billion annually to combat the disease effectively . Investments in malaria prevention and control are crucial to achieving the Sustainable Development Goals ( SDGs ) by 2030.
A recent report commissioned by Malaria No More ( MNM ) United Kingdom highlights the substantial economic benefits of investing in malaria elimination . By achieving the SDG targets in all malaria - endemic countries , the global economy could see a nearly US$ 42 billion increase by the end of the decade . Africa stands to gain significantly , with economic activity potentially increasing by US$ 126.9 billion over the 2023 to 2030 period . Real GDP growth in the 13 Focus Countries could be significantly higher if malaria case incidence is reduced in line with the SDG targets , leading to increased trade opportunities and economic output.
The projected impact of malaria elimination on international trade is substantial , with aggregate trade expected to increase by US$ 80.7 billion between 2023 and 2030 . African countries are projected to contribute significantly to global trade expansions , with the 13 Focus Countries likely to experience a boost in exports and imports . Increased trade with key partners such as the G7 , EU , UAE , and South Korea could further enhance economic growth and development in these regions . It is crucial for countries to continue investing in malaria prevention and control measures to drive economic growth and improve overall well - being.
The expert panel behind the research emphasizes the importance of continued investment in malaria elimination efforts . By leveraging quantitative economic analysis and forecasting techniques , countries can develop robust strategies to combat malaria and improve human capital , productivity , and competitiveness . Private , public , and donor organizations play a vital role in supporting these initiatives , with significant progress needed to eliminate malaria by the end of the decade . Continued collaboration and investment in research , development , and localisation efforts are essential to achieving the SDG targets and creating a healthier , more prosperous future for all.
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