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World Bank Pledges $1 Billion for African Great Lakes Region

The World Bank pledged $1 billion in funding for the African Great Lakes region to help increase trade, expand road networks and boost electricity generation.

“We believe this can be a major contributor to a lasting peace in the Great Lakes region,” World Bank President Jim Yong Kim said in an e-mailed statement. “This funding will help revitalize economic development, create jobs and improve the lives of people who have suffered for far too long.”