UN entrepreneur taps African oil for child health

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UN entrepreneur taps African oil for child health

By Tom Miles GENEVA (Reuters) - Republic of Congo has become the first country to agree to divert part of its oil revenues toward childhood nutrition, a victory for "innovative financing" to help the world's poorest, the scheme's creator Philippe Douste-Blazy said in an interview. The breakthrough may pave the way for similar financing schemes with other oil producers, first in Africa and then further afield, said Douste-Blazy, the U.N. under-secretary general for innovative finance for development. "It's a first. ...

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