Africa's century for development: World Bank chief

Fri Aug 14, 2009 5:43am GMT
 

By Lesley Wroughton

KAMPALA (Reuters) - World Bank President Robert Zoellick concluded a visit to Africa on Thursday, saying he was still convinced this century belonged to Africa's development despite damage to their economies caused by the global financial crisis.

He said Africa's needs deserved more attention and should be made a priority at a meeting of the Group of 20 developed and developing countries in the United States next month.

The World Bank chief said his travels to the Democratic Republic of Congo, Rwanda and Uganda had reinforced his belief that the immediate challenge to keep Africa growing required more resources to bolster regional integration as well as investments in energy, infrastructure and agriculture.

He said it was clear from his visit that the financial crisis has affected African countries differently and that those with sound economic policies had fared better than others, while countries emerging from conflict, such as the DR Congo, required special attention.

If a decade of strong economic growth in Africa was to be sustained, Zoellick said it deserved additional support from donors at the G20 meeting of member countries in Pittsburgh on September 24-25, as well as increased efforts by international institutions like the World Bank, which recently reported record levels of lending to developing countries hit by the crisis.

"As we look toward the G20 meeting in September and others, we need to put developing countries higher on the priority list, particularly those in Africa," Zoellick told a news conference in the Ugandan capital, Kampala, at the end of the five-day tour.

But to make the case for more resources from donors, whose budgets are being strained by the financial crisis, Zoellick said Africans need to demonstrate that they can use aid effectively and improve governance.

"I still believe this can and should be the century of Africa," Zoellick said, noting that a more balanced global economy will require Americans to consume less and save more, which will shift global growth more toward emerging economies.  Continued...

Photo
Photo
Life with the lions

Kenya’s Maasai warriors are known for being fearless lion killers but times have changed and the country’s lion’s population is in danger of being wiped out. Now the Maasai in southern Kenya are taking part in an initiative to preserve the big cats.  Blog 

 
Photo
Is an independent south Sudan now inevitable?

So, is it now inevitable that Sudan’s oil-producing south will decide to split away from the north as an independent country in a looming secession referendum in 2011?  Blog 

 
Photo
Do Ethiopia’s politicians mean it on democracy?

On the evening of the 20th of March 1878, Ethiopia’s two great rivals, Emperors Yohannes IV and Menelik II, came face-to-face to thrash out their differences.  Blog 

 
Photo
The African brain drain

Africa is suffering from a massive brain drain and it’s questionable whether enough of those highly motivated students studying in America will return home in large enough numbers to really make a difference...  Blog 

 
Photo
Is Sudan’s Darfur crisis getting too much attention?

Activists often say that the world is not paying enough attention to Sudan’s Darfur crisis. But could the opposite be true?   Blog 

 
Photo
Vatican synod urges corrupt African leaders to quit

Roman Catholic bishops called on corrupt Catholic leaders in Africa on Friday to repent or resign for giving the continent and the Church a bad name.  Blog