General lines of policy for consultations in Non-African countries

Abstract

In the discussions that took place during the Committee's first meeting in Monrovia it was made clear that the Committee of Nine were in devour of restricting the participation in the share capital of the African Development Bank to the African States only the contributions by, non African countries would, it was considered, take the form of loans and grants. The reports of the three teams that visited the African States will show whether these States have endorsed, the opinion of the Committee or have suggested certain modifications. These modifications, if any, will be the subject of discussion by the Committee of Nine in its second meeting. Teams visiting the non-African countries would know the trend of thinking in the Committee in so far as the share capital problem is concerned.