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Addis Fortune
15 May, 2007
Sheikh Mohammed Ali Al-Amoudi has given a grant of 20 million dollars to the Clinton Foundation on Friday, May 11, 2007, in order to support the latter’s effort in fighting HIV/Aids in Ethiopia.
The Foundation, established by former US President Bill Clinton in 2002, is known for its knack in dealing with multinational drug companies producing expensive medications, and makes these drugs available at cheaper prices in developing countries. It had received 100 million dollars from UNITAID, which raises its money from airlines levies in participating countries, including France and England.
Sheikh Mohammed handed over the cheque to Mr Clinton in London, with the commitment to finish the disbursement of the total amount in 10 years. He has agreed to give two million dollars every year, while the cheque in the photo here is worth the first instalment for this year, according to an aide of the Sheikh.
An estimated 3.2 million people are believed to live with HIV/Aids in Ethiopia, according to data from the Ministry of Health (MoH). The Ministry has launched, in partnership with the Foundation and Yale University, the Ethiopian Hospital Management Initiative, in March 2006. It is a programme that brings up to 25 experienced health professionals to work for a year in 12 public hospitals and health bureaus across the country.