allAfrica.com: UK Urges International Community to Increase Aid to Africasponsored_ros

allAfrica.com: UK Urges International Community to Increase Aid to Africasponsored_ros: "UK Urges International Community to Increase Aid to Africa





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African Development Bank (Tunis)

SPONSOR WIRE
11 December 2007
Posted to the web 2 January 2008

Tunis

UK Minister for International Development, Shriti Vadera, on December 10, 2007, addressed the ADF-11 replenishment meeting in London. Following on from the UK decision to double its contribution to the ADF, Ms Vadera used the occasion to ask the donor community to similarly increase their commitments to development in Africa and to the AfDB in particular. Economic growth in Africa is presently averaging more than at any time since the 1970's, however, as the speech outlined, there remain many challenges to sustain this level of growth and to utilize it effectively to significantly reduce poverty. The Minister therefore highlighted the urgency of increased development assistance in order to maximize the gains from this ongoing spurt in economic growth.

Ms Vadera also highlighted the fact that it is now half way to 2015, when the Millennium Development Goals (MDGs) are expected to have been achieved. The MDGs were accepted as development targets by the entire UN General Assembly in 2000. However, to date progress towards"

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