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Article

1 Dec 2006

Author:
William Eagle, Voice of America

International Business Invests in Fighting AIDS in Africa

[Includes link to audio interview with John Tedstrom] John Tedstrom, the executive director of the Global Business Coalition on HIV/AIDS, Tuberculosis and Malaria, says private entrepreneurs are already involved [in HIV/AIDS prevention and treatment programs]...Tedstrom cited several examples...Merck has invested 50 million dollars in a successful partnership with the government of Botswana and the Gates Foundation to treat HIV/AIDS...Abbott Laboratories and Bristol-Myers Squibb are spending millions of dollars to improve Tanzania’s health care infrastructure, including the training of medical workers and laboratory personnel...Tedstrom said the business community has become a promising new player in the war on AIDS...“The private sector – with its huge infrastructure, its ability to build clinics, to take care of a community in which it works, to do co-investment with donors…that is a tremendous way to bring projects to scale and to leverage each others’ resources, expertise and infrastructure.” [also refers to positive steps by American Express, De Beers, Gap, Unilever]