April 5, 2013

Why Africa Still Needs Aid

Bob Geldof, CNN

AP Photo

With the U.K. becoming the first G-8 country to spend 0.7 percent of its gross national income on overseas aid, the government’s recent budget was an exciting moment for the international development community.

But with extreme poverty falling all around Africa, and the continent’s mineral resources providing more revenue now than international aid, some observers are asking whether international aid is out of date.

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TAGGED: Bob Geldof, Africa

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