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African News

Report: Wars in Africa Siphoned Billions

Wednesday, October 10, 2007 9:14:59 PM
By TODD PITMAN

DAKAR, Senegal (AP) - Africa's nearly two dozen wars in recent decades have robbed the continent of about $18 billion a year that could have gone to helping one of the world's poorest regions build stronger economies, according to a report being released Thursday.

"This is money Africa can ill afford to lose," Liberian President Ellen Johnson Sirleaf wrote in an introduction to the report by the British charity Oxfam and two groups that seek tougher controls on small arms, Saferworld and the International Action Network on Small Arms.

"The sums are appalling: the price that Africa is paying could cover the cost of solving the HIV and AIDS crisis in Africa, or provide education, water and prevention and treatment for tuberculosis and malaria," Sirleaf added. "Literally thousands of hospitals, schools, and roads could have been built."


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