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African News

Groups Commit $200M to African Colleges

Saturday, September 17, 2005 9:57:40 AM
By KIM GAMEL

United Nations Secretary General Kofi Annan speaks at the Ford Foundation announcement of a $200 million commitment over five years to strengthen higher education in seven African countries Friday, Sept. 16, 2005 in New York. The countries to receive funding include Ghana, Mozambique, Nigeria, South Africa, Tanzania, Uganda, and Kenya. (AP Photo/Adam Rountree)NEW YORK (AP) - Six American foundations are donating $200 million to support universities in seven African nations.

The funding, announced Friday by U.N. Secretary-General Kofi Annan, will be spread over five years and builds on $150 million already spent by four of the foundations in Ghana, Mozambique, Nigeria, South Africa, Tanzania and Uganda. Kenya was recently added.

More than $5 million of the new money will help universities obtain eight times the amount of Internet bandwidth available to them two years ago, at less than a third of the price being paid now.


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