Tulsa World: $10 billion pledged to Africa

MAKE US YOUR HOMEPAGE | Saturday, November 21, 2009 | WIRELESS

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$10 billion pledged to Africa

By AP Wire Services
Published: 11/9/2009 2:27 AM
Last Modified: 11/9/2009 5:38 AM

SHARM EL-SHEIK, Egypt (AP) — China's premier on Sunday pledged $10 billion in new low interest loans to African nations over three years, offering the beleaguered continent sorely needed cash while dismissing criticism that Beijing's motives in Africa are far from altruistic.

Wen Jiabao's promise at the start of a two-day China-Africa summit was warmly received by African leaders and officials.

China's inroads into Africa have drawn accusations by some in the West that the Asian powerhouse has ignored Africa's needs and the dismal rights records of some nations while looking only to sap the continent of the resources it needs to fuel its bustling economy. By AP Wire Services

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Few Clothes, America (11/9/2009 2:12:08 PM)

Good. Let some other countries take care of them for a change. B. Hussein needs to worry about the economy in America for a change.

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