Italy to help Africa amid global crisis
13.03.2009
Italy will help Africa through the global economic downturn and aid its recovery when the worst is over, an Italian government official said here on Wednesday. At a briefing after a two-day meeting concerning the impact of the global economic crisis on funding for African infrastructure, Foreign Undersecretary Vincenzo Scotti said Italy will propose "financial mechanisms that mitigate risk and foster greater funding from private groups" at this year's G8 summit on the island of La Maddalena off Sardinia.