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World Bank gives African countries $500 million for AIDS fight

Published in AIDS Weekly, March 11th, 2002

African countries will get an additional $500 million to combat AIDS under a newly approved World Bank loan.

The decision by the 183-nation lending institution's board of directors brings lending to Africa under the MultiCountry HIV/AIDS Program for Africa to $1 billion in the current financial year.

An initial $500 million was approved last September.

The funds will be used for the prevention, treatment and support programs in 12 to 15 sub-Saharan African countries, the bank said. In addition, the program includes money for regional programs extending across the borders of several countries.

"Intensifying the...

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