Saturday, July 11, 2009

G-8 Renews Gleneagles Aid Pledge to Africa, Statement Says



By Steve Scherer

July 10 (Bloomberg) -- Group of Eight countries today renewed their 2005 $50-billion pledge on aid to Africa and promised to coordinate efforts to improve water and sanitation on the continent, according to statements by leaders meeting in L’Aquila, Italy.

UN Secretary General Ban Ki-moon last month said G-8 countries are $20 billion behind on their pledge made at a previous summit in Gleneagles, Scotland.

Last Updated: July 10, 2009 05:04 EDT

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