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Africa’s development partners plan to double aid to Africa
AFRICA’S development partners are considering doubling their aid provision to Africa in an effort to lift millions of people out of poverty. Official development assistance to Africa is currently at $26.3 billion, but now the donors suggest that this figure needs to be doubled to help poor Africans move out of poverty.
In a keynote address to a number of African Chief Executives during the second African Management Forum Summit, at the Sheraton Kampala Hotel, the representative of the African Development Bank in Uganda, Dr. Mukaila A. Ojelade, said with the current proposal to double aid, the creditability of both donors and recipients was pinned on forming a genuine partnerships.
Ojelade said the European Union, Nordic countries and others are all now giving high priority to Africa in their assessment programmes. Africa is home to the world’s poorest people, particularly the sub Saharan African countries.
One of the most encouraging occurrences in Africa's development agenda, in the context of its relationship with its development partners, is that after retreating in the 1990s, Africa's development partners have recovered their faith in ODA, with a promise to double aid to Africa by 2015.
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