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From Congo Siasa
Tue Aug 14 2012, 16:00:00
Yesterday, Sweden announced that it was suspending aid to Rwanda. Their aid was $32 million last year, which would come on top of the aid that the Netherlands ($6 million), the African Development Bank ($38 million), Germany ($26 million over next five years), the United Kingdom (up to $50 million), and the United States ($200,000). That's a total of $152 million. There are now suggestions that even the World Bank and the European Union, who give large amounts of aid to Rwanda, are reviewing their portfolios.
But the key word here should be: "suspended." With the exception of the US, which was legally forced to cut a symbolic amount of military aid, all these donors have frozen aid while they wait to see what Rwanda's response will be to allegations of support to the M23. After several ... [view whole blog post ]
Tue Aug 14 2012, 03:13:16
I just finished reading a phenomenal book. Resilience: Why Things Bounce Back, was co-authored by my good friend Andrew Zolli of PopTech fame and his won-derful colleague Ann Marie Healey. I could easily write several dozen blog posts on this brilliant book. Consider ... Continue reading → [view whole blog post ]