Island of Comoros Raises $4 Billion to Fund Infrastructure, Tourism
- Indian Ocean archipelago mobilizes money at Paris conference
- France, China, Saudi and Kuwait funds made commitments
A woman walks along a road in Moroni, Comoros.
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Comoros raised almost $4 billion in financing, more than threefold the size of its economy, to develop strategic projects on the Indian Ocean island.
The financing was mobilized in investments, debt and donations at a meeting in Paris this week, Foreign Minister Souef Mohamed El-Amine said in a text-message, without giving details.