Britain to end direct aid to South Africa in 2015

Rappler.com

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View of Capetown, AfricaBritain announced Tuesday that it will cut off direct aid to South Africa in 2015, citing its status as Africa’s biggest economy. London currently gives £19 million ($29 million, 22 million euros) of bilateral aid a year to Pretoria, down from a peak of more than £40 million in 2003. Britain said its relationship with South Africa should now be based on trade rather than aid following its transition from apartheid to a “flourishing democracy”. “South Africa has made enormous progress over the past two decades, to the extent that it is now the region’s economic powerhouse and Britain’s biggest trading partner in Africa,” International Development Secretary Justine Greening was due to tell a conference of African ministers and business leaders in London.


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