Afrika

[Shahab3]

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Africa's poverty called threat to world stability - Banker urges more help for continent

Friday, May 20, 2005
By Jack Kelly, Pittsburgh Post-Gazette

Many of the world's greatest economic and security problems likely will emanate from sub-Saharan Africa unless the region can be more successfully integrated into the global economy, a top official of the World Bank warned Pittsburgh-area students yesterday.

While most of the world was growing richer after World War II, Africa was getting poorer, said Dr. Geoffrey Lamb, the World Bank's vice president for concessional finance and global partnerships. The bank makes low-interest loans to poor countries to help finance economic development projects.

"By 2015, most of Asia and Latin America are going to be OK," Lamb said. "Bangladesh is going to be OK." But much of Africa is likely to remain further mired in despair, he said, with potentially dire effects for the rest of the world.
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