Soros gives $50 mln to tackle African poverty
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Billionaire financier George Soros  pledged $50 million on Wednesday to help the United Nations  tackle extreme poverty and AIDS in Sub-Saharan Africa.
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Microsoft founder Bill Gates has donated  $900,000 to set up a training facility for health professionals  working with AIDS in Africa's Great Lakes region.
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Heads of state from some two dozen African states were to gather to craft a jobs creation plan that would lift hundreds of millions out of poverty and advance development on the world's poorest continent.
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French President Jacques Chirac will put forward ideas for an international tax scheme that would help build a 50-billion-dollar war chest to fight poverty during a 55-nation conference on economic development opening Monday in New York.
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The economies of sub-Saharan Africa, home to some of the most extreme and pervasive poverty in the world, will grow at a healthy pace next year, International Monetary Fund economists said yesterday.
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At 74, philanthropist and left-leaning billionaire George Soros is finally handing over his $12.8 billion money management empire to his two sons, also activists like him.
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PRETORIA, South Africa  - South Africa must spend  some $2.05 billion to resolve outstanding land claims by blacks  in an effort to reform land ownership in the formerly  white-ruled country, the government said Tuesday.
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Coping with the ravages of global warming will cost $50 billion a year, and the rich nations who caused most of the pollution must pay most of the bill, aid agency Oxfam said on Tuesday.
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Getting the world&#39;s richest nations to hand over promised aid for Africa is like &quot;getting blood out of a stone,&quot; rock stars Bono and Bob Geldof found at the Group of Eight summit on Wednesday.
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A VITAL project to prevent the spread of HIV within the African community has been given almost a quarter of a million pounds.
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President Bush gave Tanzania's president, who played basketball as a youth, a pair of Shaquille O'Neal's shoes today, along with millions of dollars to help combat disease and poverty in the east African country.
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American economist Jeffrey Sachs  has a novel way to tackle African poverty: Shower more aid on  the world's poorest continent.
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Google.org, the philanthropic arm of Google Inc., has teamed up with the Soros Economic Development Fund and Omidyar Network to fund a $17 million company that will invest in small- and medium-size business in India.
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Cubans hit hard by hurricane Charley will receive &#36;50,000 in U.S. assistance, the State Department said Friday.
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South African President Thabo Mbeki pledged to tackle poverty and crime, speed up land redistribution to blacks and fight AIDS in a speech on Friday that focused on the country's most glaring social ills.
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UNICEF said Tuesday that it was providing urgently needed aid for 50,000 people caught up in an upsurge in fighting in Congo.
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Billionaire George Soros pledged $3 million Wednesday to fight a deadly strain of tuberculosis in Africa.