Community investment

Malaria

Malaria kills one million people each year. One child under the age of five dies every 30 seconds in Africa. About 40 per cent of the world’s population are at risk of malaria in over 90 countries and the disease is particularly prevalent in sub-Saharan Africa where 90 per cent of deaths occur. It is estimated that malaria costs sub-Saharan Africa more than $12 billion a year through lost economic activity.

Nets for Life ®

Nets for Life

At Standard Chartered, we are working with partners to save lives by reducing and controlling the incidence of malaria. We are doing this through Nets for Life, a regional project started in 2006, that aims to distribute Long Lasting Insecticide Treated Nets (LLITNs) across sub-Saharan Africa. Nets treated with insecticide are the most effective and cost-efficient form of protection against malaria. Used properly, mosquito nets have been shown to reduce child mortality rates by up to 35 per cent.

By the end of 2008, the first phase saw over one million nets distributed to 14 countries throughout Africa, helping protect the vulnerable, including children, pregnant women, the ill and elderly. An education programme has trained over 6,000 local people about the causes and effective treatments for malaria, and how to use the nets to prevent mosquito bites. Evaluation data shows the programme is having a real impact.

In 2009, Nets for Life will enter its second, more ambitious phase. Standard Chartered will commit $5 million to help supply a further five million nets by 2013, across 18 African countries. We will also invest in training ‘malaria agents’ within our markets and encourage them to assist directly in the distribution of nets and education in their local communities.

View the 2009 Community Investment Summary presentation

Highlights

  • 1 millionmosquito nets distributed in 14 countries
  • 6,000people educated about malaria
  • $5 millioncommitted in second phase of Nets for Life