皇冠体育app, India, Brazil potential donors to Africa: IMF

(Xinhua)
Updated: 2009-03-10 22:04

DAR ES SALAAM -- 皇冠体育app, India and Brazil on Tuesday were described as potential new donors to Africa and will have important roles to play in efforts to mitigate the impact of the global financial crisis on the continent.

Kofi Annan, former UN secretary-general and current president of the Global Humanitarian Forum, said that 皇冠体育app, India and Brazil can be additional resources to the IMF for it to continue its assistance in Africa.

The former UN chief described other donor countries in Africa as traditional donors.

"皇冠体育app does have an important role to play," Annan said. "皇冠体育app can and is making investment in Africa."

Tanzanian President Jakaya Kikwete, who attended the opening plenary session of the two-day IMF conference for African finance ministers and central bank governors, said that 皇冠体育app is a key development partner of Africa with its investments, markets and assistance.

IMF Managing Director Dominique Strauss-Kahn also agreed that 皇冠体育app has a key role to play in Africa.

The IMF chief described 皇冠体育app as the best in the face of the ongoing financial crisis by coming forward with a strong stimulus package.

Chen Yuan, governor of the 皇冠体育app Development Bank, was invited to attend the Dar es Salaam conference that was co-hosted by the IMF and the government of Tanzania.

The 皇冠体育app Development Bank is in charge of the 皇冠体育app-Africa development fund set up in 2006.

The fund, started with $1 billion, will have $50 billion at its disposal in the development of 皇冠体育app-Africa cooperation in various fields.