July 8, 2005

G8 says to more than double African aid by 2010

GLENEAGLES, Scotland (Reuters) - The leaders of the Group
of Eight industrialized nations said on Friday they would more
than double aid to Africa by 2010, boosting it by about $25
billion a year to help lift the continent out of poverty.

The G8 leaders also pledged that they and other donors
would increase total aid for all developing countries by about
$50 billion a year by 2010.