• Short Summary

    The coffee and cocoa industries of the Congolese People's Republic will get an injection of 750 million dollars in development money.

  • Description

    The coffee and cocoa industries of the Congolese People's Republic will get an injection of 750 million dollars in development money.

    SYNOPSIS: The agreement covering this aid was signed at a conference of the African Development Bank and the African Land Development organisation in Libreville, the capital of Gabon on May the first. The President of Gabon, El Hadj Omar Bongo, opened the conference in the city's international conference palace. Coffee and cocoa have for years ranked ninth and tenth, with static production, in the Congo's agriculture.

    President Bongo told the meeting, of delegates from sixty-six countries in Africa, Europe, North America and the Middle East, that the African Development Bank should make its capital available to countries outside Africa. He said that, if this did not happen, there would be a gradual decline in the bank, to the detriment of all member countries. This forecast became the main topic of wider access to the bank's money was eventually adopted, with only out countries. Ethiopia and Uganda, opposing it. In another very different vote. Djibouti was admitted as the hank's forty- eight full member.

  • Tags

  • Data

    Film ID:
    VLVA6TUX5PZWTQ5FE6YOPAZHPN6O7
    Media URN:
    VLVA6TUX5PZWTQ5FE6YOPAZHPN6O7
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    05/05/1978
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:11:00
    Time in/Out:
    /
    Canister:
    N/A

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