Bill Gates Bails Out The Global Fund

BMI View: The very survival of The Global Fund to Fight AIDS, Tuberculosis and Malaria was in doubt for the past year due to allegations of monetary misappropriation and a slowdown in donations that would have bankrupted the organisation by 2013 if there was no intervention. The additional funding for The Global Fund from Bill Gates, its restructuring around a new executive manager and the news that more drugmakers plan to conduct research on treating tropical and neglected diseases is all good for Africa. What is more worrying is that Gates has had to step in as nation donors have

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