Investing in Africa
The G-8 should treat African development like an investment rather than a charity case, says the Christian Science Monitor. It may be an opportunity the industrialized world cannot afford to pass up.
The G-8 should treat African development like an investment rather than a charity case, says the Christian Science Monitor. It may be an opportunity the industrialized world cannot afford to pass up. “Once again, the Group of Eight industrialized economies invited African leaders to their meeting. Will they again let them down at the next one?…It’s embarrassing that the G8 fell short of its Africa promise when it has thrown so much money at banks. (Indeed, it pledged less on Friday toward global maternal and child care than expected.) The world could certainly do with another region booming right now, and the G8 should be doing all it can to encourage this one,” says the Monitor’s Editorial Board.
