> UN Development Programme launches 'Timbuktoo' initiative to spur investment in Africa / 34FQ6NL
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UN Development Programme launches 'Timbuktoo' initiative to spur investment in Africa / 34FQ6NL
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Achim Steiner, Administrator of the United Nations Development Programme, presents a new initiative called "Timbuktoo", a plan to invest $1 billion of public and private capital in innovative start-ups across Africa. It comes as African countries put on a show of force at the World Economic Forum, seeking to transform their image by grabbing private investment rather than development aid. IMAGES AND SOUNDBITES