Canada Fund for Africa
Encyclopedia
The Canada Fund for Africa was a program operated by the government of Canada
through the Canadian International Development Agency
(CIDA). Established in June 2002 with a budget of five hundred million dollars, its stated purpose was to support the G8 Africa Action Plan in response to priorities established in the New Partnership for Africa's Development
(NEPAD). The fund officially ended on March 31, 2008. As of 2010, all but one of its targeted projects have been completed.
Government records indicate that one million dollars of the fund was spent on public-private ventures for providing risk capital. HIV
/AIDS
research and development, polio eradication, and the oversight of water and sanitation each received fifty million dollars.
Government of Canada
The Government of Canada, formally Her Majesty's Government, is the system whereby the federation of Canada is administered by a common authority; in Canadian English, the term can mean either the collective set of institutions or specifically the Queen-in-Council...
through the Canadian International Development Agency
Canadian International Development Agency
The Canadian International Development Agency was formed in 1968 by the Canadian government. CIDA administers foreign aid programs in developing countries, and operates in partnership with other Canadian organizations in the public and private sectors as well as other international organizations...
(CIDA). Established in June 2002 with a budget of five hundred million dollars, its stated purpose was to support the G8 Africa Action Plan in response to priorities established in the New Partnership for Africa's Development
New Partnership for Africa's Development
The New Partnership for Africa's Development is an economic development program of the African Union. NEPAD was adopted at the 37th session of the Assembly of Heads of State and Government in July 2001 in Lusaka, Zambia...
(NEPAD). The fund officially ended on March 31, 2008. As of 2010, all but one of its targeted projects have been completed.
Government records indicate that one million dollars of the fund was spent on public-private ventures for providing risk capital. HIV
HIV
Human immunodeficiency virus is a lentivirus that causes acquired immunodeficiency syndrome , a condition in humans in which progressive failure of the immune system allows life-threatening opportunistic infections and cancers to thrive...
/AIDS
AIDS
Acquired immune deficiency syndrome or acquired immunodeficiency syndrome is a disease of the human immune system caused by the human immunodeficiency virus...
research and development, polio eradication, and the oversight of water and sanitation each received fifty million dollars.