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| Africa's opportunity is now, says World Bank's Zoellick |
| AFROLNEWS/PTI / Entebbe Aug 24, 2009, 13:10 IST |
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The World Bank President, Robert Zoellick has affirmed that despite setbacks to Africa's steady progress as a result of the financial crisis, this could be a century of African opportunity and growth. Zoellick said this following his three-nation African tour last week.
"We need multiple poles of growth and that will make for a more balanced international economy; and there's no reason Africa can't be one of those poles," Zoellick told journalists in Entebbe, Uganda at the end of his trip.
The six-day trip took Mr Zoellick to the Democratic Republic of Congo, Rwanda, and Uganda was an opportunity to see first-hand the impact of the financial crisis on Africa, assess progress on post-conflict reconciliation and reconstruction, and explore ways to stimulate investment and donor support to help the continent weather the crisis in anticipation of the Group of Twenty (G20) meeting in Pittsburgh, next month.
The World Bank president also wanted to assess the region's infrastructure needs, spotlight the importance of regional integration, and better understand opportunities for enhancing agricultural productivity and food security which have recently been placed high on the agenda of the Group of Eight (G8).
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