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$1.5-billion credit to help Africa fight HIV-AIDS

Amit Baruah

NEW DELHI: India has earmarked $1.5 billion in lines of credit to help Africa fight HIV-AIDS and other pandemics, Prime Minister Manmohan Singh said in a message to the July 4-5 African Union summit in Sirte, Libya.

The Prime Minister, in his communication to 53 heads of Government in the Union, said India would encourage its pharmaceutical companies to establish production facilities in Africa to cater for the increasing requirement of affordable medicines and to participate in upgrading the delivery systems.

The Government is putting together this initiative. India will link the lines of credit to the setting up of production facilities by its pharmaceutical firms.

As Africa moved firmly to take charge of its own destiny, the Prime Minister promised India's active partnership in establishing democracy and good governance, expanding education and healthcare, building peace and democracy and bridging the digital divide.

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