From Africa Recovery, Vol.14#1 (April 2000), Watch page

FINANCIAL FLOWS
Fifth year of falling aid to sub-Saharan Africa

Net official development assistance (ODA) to sub-Saharan Africa fell in 1998, even as global ODA rose by almost 10 per cent, according to the Organization for Economic Cooperation and Development (OECD). It said ODA to sub-Saharan Africa has fallen in each of the last five years, from $18.8 bn in 1994 to $13.5 bn in 1998 (see page 7).

Global ODA ended a five-year decline, rising from $48.3 bn in 1997 to $51.9 bn in 1998. ODA to South and Central Asia and to Far East Asia in 1998 increased by $651 mn and $1.4 bn respectively.

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