World Bank calls for Africa aid
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Aid to Africa needs to increase by at least 60% if poverty is to be cut, the World Bank said.
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The World Bank, aligned with other global financial institutions dominated by rich nations that promote free trade, is advising poor nations that have already signed agreements to open up for more trade on &quot;all fronts.
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The world's growing young population needs encouragement and education to prosper, the World Bank says.
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Wealthy countries need to do much more to fight global poverty, the international aid agency Oxfam says.
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HEILIGENDAMM, Germany  - World leaders meeting in Germany turned their attention to Africa on Friday, agreeing a $60 billion pledge to fight AIDS and other killer diseases ravaging the continent, according to a diplomat.
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The head of the International Monetary Fund on Tuesday urged developed countries to do more for Africa, including opening their markets to trade.
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Nigerian President Olusegun Obasanjo implored dozens of fellow African leaders Sunday to work together to overcome the poverty, disease and conflict afflicting the world's poorest continent.
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Kofi Annan willl seek $1.5bn to deal with what the UN calls the world's forgotten emergencies, many in Africa.
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The United Nations is asking Europe to send more troops and military support to the world&#39;s hot spots, particularly in Africa.
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Efforts continue to deliver aid to large parts of Africa after heavy rains and flooding in at least 14 countries.
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The World Bank likely will redirect money from existing projects in the Asian nations devastated by earthquakes and flooding to provide immediate assistance for reconstruction, officials said Monday.
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Global AIDS funding needs to be quadrupled to fight the epidemic's spread in the developing world, the United Nations said on Wednesday.
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The United States is calling on international lending institutions to reform their ways of operating so that they can give more aid to poor nations.
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HEILIGENDAMM, Germany  - World leaders agreed on Friday a $60 billion pledge to fight AIDS and other killer diseases ravaging Africa.
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With Africa lagging behind in global development goals and rich countries cutting aid, leaders of multilateral financial institutions decided on Friday it was time to mobilize resources to reduce extreme poverty on the continent.
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The World Bank says education in the Arab World lags behind other regions and needs urgent reform.
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Africa's debt must be completely written  off if the continent is to have a chance of meeting  international goals on reducing poverty, a United Nations body  argued on Thursday.