Rich states should pay for Africa mineral advice – panel

source: Mmegi

Rich countries should pay for African governments to get advice on negotiating the best deals for exploiting their natural resources, a panel set up by former British Prime Minister Tony Blair said yesterday.

The Commission for Africa, which includes serving and former African leaders and financial figures among its 17 members, also called on donor governments to provide an extra $10-billion to $20-billion a year to help Africa adapt to climate change. Five years after the commission’s initial report helped focus international efforts to boost development in the poorest continent, the panel issued a new report praising the progress African countries had made on the economy and on increasing spending on health, education and agriculture.

But it said much remained to be done. Despite average annual growth rates for Africa of six percent for much of the past decade and a [continue reading]

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