financetom
Economy
financetom
/
Economy
/
Guinea signs health agreement with US
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Guinea signs health agreement with US
Mar 11, 2026 5:58 AM

DAKAR, March 2 (Reuters) - Guinea and the United States have signed a five-year health cooperation agreement totalling nearly $143 million in funding from both countries, finance minister Mariama Cire Sylla said.

* The U.S. has been pursuing bilateral deals with Africancountries after dismantling its aid agency last year, cuttingfunding and contracts worldwide. * The memorandum of understanding will mobilize $142.6million over the period 2026-2030, including $91.27 million thatwill be provided by the U.S. and $51.33 million by Guinea, theminister said in a Facebook post on Sunday. * "This partnership will strengthen the fight againstmalaria, accelerate the elimination of polio, modernize ourlaboratories, consolidate human resources in health, and improvethe quality of our health data systems," she said. * Global health advocates have criticised parts of thedeals, including lines in some which ask countries to promptlyshare data with Washington about pathogens that could sparkepidemics in their countries, as a condition of getting thefunding - but without guarantees that countries will have anyaccess to medical tools developed as a result. * The average yearly U.S. funding in the health deal isroughly a third of the aid that flowed to Guinea through USAIDin 2024, according to U.S. government data.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed's Bostic says economy likely slowing, though rate-cut timing uncertain
Fed's Bostic says economy likely slowing, though rate-cut timing uncertain
May 10, 2024
WASHINGTON (Reuters) - The U.S. central bank likely remains on track to cut interest rates this year even if the timing and extent of the policy easing is uncertain and further declines in inflation come only slowly, Atlanta Federal Reserve President Raphael Bostic said in an interview with Reuters. I still have that belief that interest rates can be lowered...
How the Federal Reserve impacts personal loans
How the Federal Reserve impacts personal loans
May 9, 2024
April 30-May 1 Fed meeting On May 1, 2024, the FOMC decided to hold steady on interest rates. The benchmark rate remains at 5.25-5.5 percent. Most personal loans have fixed rates, so current borrowers do not need to worry about their interest rates changing. Borrowers in the market for a personal loan should prepare for rising interest rates, but there...
Analysis-Dollar's stubborn strength dents US companies' earnings cheer
Analysis-Dollar's stubborn strength dents US companies' earnings cheer
May 9, 2024
NEW YORK (Reuters) - A host of U.S. companies are faced with a problem they had not expected to confront this year: a rising dollar. Many market participants believed the dollar would fall on the back of interest rate cuts that both investors and the Federal Reserve had penciled in for 2024. Those cuts are yet to come, and the...
China says it firmly opposes US export control tools
China says it firmly opposes US export control tools
May 10, 2024
BEIJING, May 10 (Reuters) - China firmly opposes the abuse of export control tools such as the U.S. entity list, a foreign ministry spokesperson said on Friday, after the U.S. added 37 Chinese firms to a trade restriction list over national security concerns. Some of the entities were added to the list for making drones to be used by the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved