Carl Freire
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/ 29 May 2006

Wolfowitz urges investment in Africa’s infrastructure

Sending aid isn’t enough to help reduce poverty in Africa, World Bank President Paul Wolfowitz said on Monday. Rich countries need to do more by investing in basic services like electricity and transportation, he said. These services are necessary for businesses to function and engage in trade, as well as help people in their daily lives, communicate with one another and acquire knowledge.