Africa Map

African Press Agency

African Press Agency Logo
   

 Home
 Country Profile
 Useful Links
 Contact us

Home

UK/AFRICABack
[Published: Tuesday April 07 2009]

UK commits 148 million dollars to Africa

Lusaka, 7 April-(ANA)-The British government has committed 100 million pounds to boost key trade routes in sub-Saharan Africa, saying a further one billion dollars had been pledged by partners..

Development partners had agreed to more than one billion dollars to upgrade road, rail and ports and support trade in the region.

The announcements came at the launch of a north-south corridor to be financed by public and private investors, including the World Bank, European Commission, regional economic communities and development agencies.

"The north-south corridor will improve transport networks and encourage new investment that will, over time, increase prosperity and reduce poverty in the region," UK Trade Minister Gareth Thomas said in Lusaka.(ANA)

FA/ANA/7 April 2009---

 


North South News website

Advertise banner

News icon Noble Pease Prize/Nagasaki survivor
News icon Saudi/World Cup 2034
News icon Blood Test/Breast Cancer
News icon DR CongoHuman Rights
News icon Malibu/Wildfire
News icon EU/Migrants
News icon IFAD/Nepal
News icon OPEC/Crude OIl
News icon Haiti/Crisis
News icon IATA/Airline Funds

AFRICAN PRESS AGENCY Copyright © 2005 - 2007