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In search of a better Africa - Historic' debt relief: Who profits PDF Print E-mail

MUCH CHEST-THUMPING will accompany this week's announcement by the world's wealthy (G8) nations of a new deal for African debt relief. According to British Chancellor of the Exchequer, Gordon Brown the $40 billion deal will mean 100% write offs for fourteen African countries, covering their debts to the World Bank, African Development Bank, and International Monetary Fund.

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