KfW backing a world first
“This innovative programme breaks new ground in the field of HIV prevention, is specifically aimed at the young target group, seeks to change their behaviour in the long term, and in so doing improves the prospects for young South Africans. The urgent need for action is highlighted by the fact that 470,000 new cases of HIV infection are reported every year in South Africa,” said Dr Norbert Kloppenburg, member of KfW Group's Executive Board.
KfW is financing the costs of implementation and the associated extension of the project's range. The project is part of an umbrella HIV prevention programme with a particular focus on high-risk groups in South Africa and a total volume of EUR 25 million.
On behalf of the German Federal Government, KfW Development Bank has provided around EUR 1 billion to South Africa for projects since 1994 (budget funds of around EUR 180 million, KfW funds of around EUR 820 million), mainly in the key areas of climate and energy, the prevention of violence and combating HIV.
Further information on KfW Development Bank is available at www.kfw-entwicklungsbank.de.
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