Africa: main commitments

Main committments of G8 pledge on aid to Africa:

Main committments of G8 pledge on aid to Africa:

• Underlined strong interest in stable, democratic and prosperous Africa.

• Will implement development promises made at Gleneagles two years ago, including multilateral debt relief of up to $60 billion, increase overseas development assistance (ODA) to Africa to $25 billion a year by 2010 and increase global ODA to $50 billion by 2010.

• Will scale up efforts to contribute towards the goal of universal access to HIV/Aids treatment and prevention programmes.

READ MORE

• Will try to provide at least $60 billion over the coming years towards securing the UN's millennium development goals for fighting HIV/Aids, malaria and tuberculosis.

• Is committed to $6-8 billion replenishment by 2010 of the Global Fund to Fight Aids, Tuberculosis and Malaria - the multilateral body that channels funds to fight those diseases.

• Backs three plans worth $4.8 billion to help prevent mother-to-child HIV transmission, paediatric treatments and maternal and child health.

• Will work with 30 African countries, responsible for 80 per cent of malaria deaths, to cut malaria deaths by half in next few years.

• Supports access to cheap drugs and local production of medicines.

• Backs initiatives to improve access to primary education and will tackle funding shortfalls of about $500 million in 2007 in current education programmes.

• Pledges to support good governance in Africa, including transparent use of public funds, fighting corruption and peer review of governments.

•Will help foster economic activity.

•Will help Africa trade through duty and quota-free access and simpler mechanisms on rules of origin, and by increasing aid for trade to $4 billion.