G8 puts Africa in focus

G8 finance ministers have warned against giving African countries cheap loans that they will struggle to repay.

But in statements issued at the end of a two-day meeting in Germany, the group stressed African countries must manage their own finances responsibly. Attendees included Britain’s next Prime Minister Gordon Brown and Robert Kimmitt, US Deputy Treasury Secretary.The G8 countries include the US, Britain, Canada, France, Germany, Italy, Japan and Russia.Ministers said Africa would be a focal point of the wider G8 summit next month in Heiligendamm, on the Baltic Sea coast.They reinforced their commitment to deliver on aid commitments and called for responsible investment in the continent.Nampa-AFPAttendees included Britain’s next Prime Minister Gordon Brown and Robert Kimmitt, US Deputy Treasury Secretary.The G8 countries include the US, Britain, Canada, France, Germany, Italy, Japan and Russia.Ministers said Africa would be a focal point of the wider G8 summit next month in Heiligendamm, on the Baltic Sea coast.They reinforced their commitment to deliver on aid commitments and called for responsible investment in the continent.Nampa-AFP