Aid flows, debt relief, and economic growth on the rise in Africa, but threats to poverty alleviation remain: World Bank Report.

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M2 PRESSWIRE-30 June 2005-WORLD BANK: Aid flows, debt relief, and economic growth on the rise in Africa, but threats to poverty alleviation remain: World Bank Report(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:29062005 WASHINGTON - Net aid to Sub-Saharan African countries rose about 40 percent in 2003 - five percentage points higher than in 2002 - and the continent received greater debt relief over the same period, according to the annual World Bank publication, African Development Indicators (ADI) 2005, launched today.

"There is no question that there is an enormous, compelling moral urgency to the conditions of Africa and there is no question that there are needs. But there is a lot more going on than just need. Africa may be on the verge of being a...