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Wednesday, 09 September 2009

Africa's chief development banker urges regional cooperation

"We are 53 diverse countries differently affected by the crisis, 1 billion people that cannot be ignored". That was the stark message to Members of Parliament's Development Committee from Donald Kaberuka, the head of Africa's Development Bank at a hearing on 3 September in Brussels. The economic crisis has hit the continent hard with falling commodity prices leading to reduced incomes.

 Source: European Parliament