Africa creates its own dollars 1m peace fund

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The Independent Online
(First Edition)

ADDIS ABABA - African foreign ministers said yesterday they had launched a peace fund to try to end conflicts on the world's poorest continent, Reuter reports. A communique issued by the Organisation of African Unity (OAU) said the fund was 'a practical manifestation of Africa's commitment to work for peace'. The OAU's Secretary-General, Salim Ahmed Salim, said ministers had decided dollars 1m (pounds 675,000) should be earmarked for the fund.