Joint action against malaria: EIB, European Commission and Investitionsbank Berlin inaugurate €70 million fund
The EIB the European Commission and Investitionsbank Berlin (IBB) today announced the first closing of their EU Malaria Fund. The European Commission and the EIB are investing an initial €64 million into the fund, which aims to bridge the gap between molecule and market for feasible and affordable innovative solutions to prevent and treat malaria. The outstanding amount of €6 million is being provided by various national and private investors, including IBB and the Bill & Melinda Gates Foundation.
