Financial Times FT.com

Rich countries fall short on Africa pledges

By Ben Hall in Paris

Published: June 18 2008 14:56 | Last updated: June 18 2008 14:56

Rich countries have so far given only one-seventh of the extra aid they promised to Africa three years ago, with France particularly off-track, according to a report published on Wednesday.

The G8 group of industrialised countries in 2005 promised to increase their combined aid to Africa to $50bn a year by 2010. But so far they have provided only $3bn of the extra $22bn required to meet the target, said DATA, the aid campaign group supported by rockstars Bob Geldof and Bono.

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