Wednesday, May 25, 2011

India pledges $5bn to help African states meet the MDGs

India pledged $5bn in aid to Africa, an amount almost equivalent to its own annual healthcare budget – around $5.9bn – on Wednesday, the last day of the second India-Africa summit at Addis Ababa, Ethiopia. Africa, one of the weakest links in the realisation of the millennium development goals (MDGs), will also have a partner in India for capacity building and expertise sharing over the next three years. The Indian presence will not only enhance commerce and infrastructure but include

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