The Economic Impact of Malaria in Sub-Saharan Africa
Mikkel Vestergaard Frandsen believes in a humanitarian entrepreneurship business model where doing good is good business. The focus of Vestergaard Frandsen is on providing technology breakthroughs that can benefit people who are in the most vulnerable regions of the world.
There were more than 200 million malaria cases in 2017, resulting in 435,000 deaths. Of those who died, 61 percent were children under five years of age. About 90 percent of all malaria deaths occur in sub-Saharan Africa.
Beyond the social and public health problems it poses, malaria is also an economic problem. In sub-Saharan Africa, it is estimated to cost up to 1.3 percent of GDP. Malaria is also one of the leading causes of work absenteeism, resulting in an annual loss of approximately $12 billion, according to the World Bank.
Products such as long-lasting insecticide nets (LLINs) can help to reduce transmission because, aside from the insecticide’s repellent and toxic properties, the nets also act as barriers that prevent contact. LLINNs are effective because the female mosquito that transmits malaria only bites at night.
There were more than 200 million malaria cases in 2017, resulting in 435,000 deaths. Of those who died, 61 percent were children under five years of age. About 90 percent of all malaria deaths occur in sub-Saharan Africa.
Beyond the social and public health problems it poses, malaria is also an economic problem. In sub-Saharan Africa, it is estimated to cost up to 1.3 percent of GDP. Malaria is also one of the leading causes of work absenteeism, resulting in an annual loss of approximately $12 billion, according to the World Bank.
Products such as long-lasting insecticide nets (LLINs) can help to reduce transmission because, aside from the insecticide’s repellent and toxic properties, the nets also act as barriers that prevent contact. LLINNs are effective because the female mosquito that transmits malaria only bites at night.
