Tag Archives : African aid

More than half a century ago, the United States of America ‘helped rebuild a war-torn Europe’ through its Marshall Plan. Will Hillary Clinton’s recent visit to Africa signal the semblance of another Marshall Plan, this time for Africa? It might do Africa a world of good since the continent has been subsisting on foreign aid over the past four [...]

It is but 18 months away from the G8′s self-imposed deadline for promises pledged to aid Africa but only $7 billion out of the $21.5 billion in aid, promised at the Gleneagles summit in 2005, have actually been delivered. This means that a paltry one-third of the total pledges made by the G8 group of industrialized countries has actually benefited [...]