PC-WELT - World Bank Group head Paul Wolfowitz Monday called for increased investment and involvement in development projects targeting poverty particularly in Africa. World Bank Group head Paul Wolfowitz Monday called for increased investment and involvement in development projects targeting poverty particularly in Africa.

"Africa's infrastructure may have been adequate in the 1960s and 1970s but high population growth combined with rapid urbanization has lead to a severe mismatch between the need for infrastructure and what's available," said Wolfowitz speaking at the Foreign Correspondents' Club of Japan. He is in Tokyo to attend a two-day World Bank conference on development economics.

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Posted by at July 28, 2006 10:38 AM