Aid agreements were signed in Brussels on Thursday (7 November) between the Common Market??? European?
Aid agreements were signed in Brussels on Thursday (7 November) between the Common Market??? European Development Fund and five African counties -- Burundi, Ivory Coast, Mauritania, Senegal, and Somalia.
The documents were signed by the Commissioner for Development Aid, M. Claude Cheysson, and the ambassadors of the five countries.
The agreement with Burundi is for $2,323,000 U.S. (GBP 96,791 pounds sterling), and will cover two projects. More than half the money will be used to extend a tea processing factory at Fwegura. The rest will help to develop agricultural land around i'Imbo, to the north of Lake Tanganyika.
The Ivory Coast will receive $3,781,000 U.S. (GBP 1,575,410 pounds sterling) for the construction of a large new hospital in the ???go region.
Almost the same amount of money -- $3,385,000 U.S. (GBP 1,410,410 pounds sterling -- goes to Mauritania to help establish an irrigation scheme in the Gorgol Valley.
Senegal will receive $1,500,000 U.S. (GBP 625,000 pounds sterling) to build pri??? schools in the country.
Two projects will benefit from the $11,106,000 U.S. (GBP 4,627, pounds sterling) available under the agreement signed with Somalia. Most of the money will go towards building the new university of Mogadishu. By far the smaller amount will be used for an agricultural scheme in the Giuba Valley.
Earlier this week, M. Cheysson told a news conference that he expected the ???h countries of the world to provide $10,000 million U.S. (GBP 4,166 million sterling) to help the poor nations next year.
He expected the total amount of aid to rise to as much as $20,000 million U.S. (about GBP 8,232 million sterling) by 1977. This would increase funds provided by the oil-producing countries.