Geldof 'S New Targets Awareness On Africa Is Harder to Raise Than Money
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Summary
THE twentieth anniversary of Live Aid and the meeting of the G8 leaders at Gleneagles next month was always going to be too good a coincidence to miss for a man with the political instincts of SirBob Geldof. "Overmy dead body, " is an approximation of his response to the notion of marking both events with a reincarnation of the original groundbreaking extravaganza - simultaneous concerts in London and Philadelphia. The performer turned campaignerwas right to perceive that any attempt at Live Aid II would be a recipe for disaster, not because of the impossibility of recreating that heady night when Madonna sang backing vocals for the Thompson Twins and Mick Jagger duetted with Tina Turner, but because ultimately it did little to help Africans. People dug deep for Live Aid, raised pounds- 40m, salved their consciences about Ethiopian famine victims, then carried on as if nothing had happened.
Meanwhile, Africa's share of world trade declined from 5-per cent in the 1980s to 3-per cent in the 1990s. During the same decade, foreign aid to the continent actually fell. By 2003 it had increased to around dollars-68bn a year but, if the Millennium Goals for reducing poverty, inequality and poor health in Africa are to be achieved on schedule, the UN says dollars-100bn a year is required.See the full content of this document
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Geldof 'S New Targets Awareness On Africa Is Harder to Raise Than Money
Meanwhile, Africa still faces annual debt repayments of dollars- 10bn.
The most impor...See the full content of this document
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