Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Nations Hope to Raise $400 Million for Mali

01/22/2013 | 12:36pm US/Eastern

BRUSSELS--National leaders hope to raise about $400 million at a donors' conference on Mali next week, European Union officials said Tuesday.

That amount would be split between the two military forces that are taking on the rebels who have surged out of northern Mali in recent days, a joint French-Mali force and a group of African-led troops.

The figure provides one of the first pictures of the scope of international aid that might be needed to support the military effort to push back the Mali insurgents. The figure is preliminary, EU officials stressed, and could change as leaders discuss the matter at the conference in Addis Ababa.

Earlier Tuesday, the EU said it would contribute 50 million euros ($66.57 million) to the African forces. EU officials didn't specify whether the money sought at the donors' conference would be in addition to this.

For now, France is the only non-African country that has undertaken a direct military intervention in Mali, with other countries donating equipment or money.

Write to Naftali Brendavid at naftali.brendavid@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

React to this article
Latest news
Date Title
11:44p QAF : Announcement of Appointment of Joint Group Managing Directors (Designate), Appointment of Independent Directors
11:39p CALIFORNIA ASSOCIATION OF NONPROFITS : An update on the minimum wage (bad)
11:32p WESTAR ENERGY : Bill sparks power line rights feud ; Westar wrestles KCP&L over transmission control
11:23p SPROTT MOLYBDENUM PA : CuMoCo announces Silver stream funding and details of Annual General Meeting
11:23p QAF : Announcement of Appointment of Independent Director - Tan Teck Huat
11:23p QAF : Announcement of Appointment of Independent Director - Dawn Pamela Lum
11:16p AMGEN : Mystery cannabis 'consortium' reportedly interested in Longmont's Amgen facility
11:07p SOUTHWEST GAS : BRIEF: Ruptured natural gas line temporarily closes road
11:06p COLUMBIA SPORTSWEAR : stock jumps 13 percent on strong quarterly results (BRIEF)
11:03p ZILLOW C : BRIEF: This Queensridge home is crowned the king of clicks by Zillow
Latest news
Advertisement
Hot News 
AVENIR TELECOM : CSU textiles, design museum opens four exhibits to mark major expansion
VENTURE LIFE : In GBP3.7 Million Fundraising To Buy Mouthwash Maker (ALLISS)
DEUTSCHE POSTBANK : self-service solutions put control in customers' hands
LONDON & ASSOCIATED PROPERTIES : AND ASSOCIATED PROPERTIES PLC - Director/PDMR Shareholding
Paragon Offshore to File for Bankruptcy
Most Read News
06:20p CALIFORNIA AIR RESOURCES BOARD : ARB Newsclips for February 12, 2016.
10:21p PGA TOUR : Palmer's ace a winner for lucky fan
10:01p ROBBINS GELLER RUDMAN & DOWD LLP : Files Class Action Suit Against Navient Corporation
09:41p BULLSEYE GLASS COMPANY : Voluntarily Suspends Hexavalent Chromium Use Pending Further Data Provided by Oregon DEQ
10:01p Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against Aerojet Rocketdyne Holdings, Inc. (AJRD)
Most recommended articles
08:55p FOREX WEEKLY FORECAST : Dollar is the Big Loser until this Changes
08:50p US Dollar in Danger of Further Losses – Here are the Key Risks
08:40p Visa's investment in Square represents about 1 percent stake
08:30p China Reopens after Holiday Week, How Will the Yuan Respond?
08:15p Gold Rockets to Fresh Highs as Equity Rout Continues