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Geldof wants Africa trade, fears financial crisis

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Investors should look past the dire images of poverty from Africa to see genuine opportunities, antipoverty campaigner Bob Geldof said on Monday, warning the global financial crisis would hurt the poorest worst.

Campaigners said not enough of the fruits of economic growth got through to the poor, but nevertheless poverty levels began to fall in much of the continent.

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{"commentId":5842064,"authorDomain":"nigeriawhatisnew"}

The concern that people think poverty in Africa is caused by low investment must be highlighted here. It is wrong and this is part of the misconception and spin that helped turn poverty into extreme poverty. The Jeffrey Sachs school of thought on extreme poverty is flawed and the black hole of charity will only be filled when those doing their best without knowledge learn Corruption breeds poverty, poverty breeds corruption - Justice Emmanuel Olayinka Ayoola.

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    Reply#1 - Tue Mar 10, 2009 3:55 AM EDT
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