Devex Examines U.K. Prime Minister May’s Plan To Increase Investments In Africa
Devex: Theresa May in Africa: The key development issues
“During a week-long trip to several African countries last week, United Kingdom Prime Minister Theresa May pledged to deliver ‘a radical expansion of the U.K.’s presence in Africa,’ the heart of which is a £4 billion ($5.13 billion) investment strategy, largely channeled through the U.K. government’s development finance institution, CDC. But aid experts have questioned whether May will be able to get her government to deliver on the ambitious plan, and also expressed concerns that using the aid budget to boost trade and investment on the continent could compromise pro-poor development…” (Edwards, 9/4).
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