President Idi Amin of Uganda on Monday hosted the seventh annual governors meeting of the African Development Bank.
President Idi Amin of Uganda on Monday hosted the seventh annual governors meeting of the African Development Bank. But three countries -- Guinea, Tanzania and Zambia -- apparently boycotted the meeting because they do not recognise General Amin's six-month-old government. The Ugandan leader said he hoped to see progress towards an African Development Fund, which would provide a new source of soft-term loans for African countries.
SYNOPSIS: Uganda played host to the seventh annual meeting of African Development Bank governors starting on Monday. President Idi Amin opened the meeting and plunged straightway into one of the most controversial issues. He hoped progress would be made towards an African development fund, to provide a new source of soft-term loans for African countries. This proposed fund is likely to be one of the hottest issues under discussion. There was more controversy even before the meeting started.
Empty seats marked an apparent boycott by the Tanzanians. Guinea and Zambia also stayed away from the opening. They still do not recognise General Amin's government.
Those African countries that were represented -- plus observers from outside Africa -- heard the Banks Tunisian President say that, over the next three years, the Bans should lay greatest stress on development of agriculture and transport in member countries. On the subject of the proposed development fund, he said prospective donor countries envisage an initial subscription of seventy-five million American dollars over the next three years.