Friday, June 20, 2008

Rich nations fall short on Africa aid


The world's richest nations are falling short on pledges to double aid to Africa by 2010 at a time whensoaring food prices risk destroying decades of economicprogress on the continent, a watchdog said on Monday.

The Africa Progress Panel, set up to monitor commitmentsmade at the Group of Eight (G8) summit in 2005 at Gleneagles inScotland, said in a report rich nations would be $40 billion(20 billion pounds) shy of their pledges based on currentplans.

During a visit to London, U.S. President George W. Bushsaid he would push, along with Prime Minister Gordon Brown, atthe G8 summit in Japan next month for more African aid.

"My message at the G8 is: 'looking forward to working withyou, thanks for coming to the meeting, just remember that thereare people needlessly dying on the continent of Africa today',"he told a joint news conference with Brown.

See full Article.