"I'm calling for all donors to increase their support for the Africa Development Fund at the final replenishment meeting in London in December.” he added.
In his reaction to the announcement, the African Development Bank Group President, Donald Kaberuka, welcomed the announcement describing it as a concretization of commitments to double aid to Africa, a major boost to the concessional window of the Bank's capacity to support low income countries in Africa over the period 2008-2010. He expressed his hope and expectations that other donors will follow suit to raise the ambitions of the ADF XI.
"I greatly welcome this announcement and applaud the continuing leadership shown by the UK in its support to Africa and in implementing the commitments made by the G8. I value the confidence shown in the Bank as an African institution. I know this announcement is based on an expectation of improved performance by the Bank. That is no less than Africa itself expects from us, and we are determined to deliver,” he added.
Source: Relief Web
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