Tag Archives : African export slump

France and Italy short on original pledges for Africa aid

France and Italy short on original pledges for Africa aid

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 [...]