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G8 meeting will not be a pledging conference        24-Jun- 02

With all eyes being placed on the G8 meeting at Kananaskis in Canada, Africa should be well aware that the outcome from the meeting could be different from what was required or expected. The 4 member team of African leaders which includes SA president Thabo Mbeki will have an opportunity to address the group which is something that has never happened before. No outside party has ever been given the privilege of addressing the G8 in it's 27 year history. The Nepad plan which requires $64 bn a year in order to succeed will not be the topic of conversation, but rather a subject of how to work out an "enhanced partnership" between African countries and the G8. Robert Fowler, a Canadian diplomat has already stated that this will not be a pledging conference. The G8 already account for 74% of all foreign aid flows to Africa and have increased their contributions by $12 bn a year since the Monterrey Development conference. Under these circumstances one could safely say that Africa must start showing some goodwill. Various African countries are still not aware that what they do affects the entire continent from a sentiment point of view, and this needs to be addressed post haste.

 

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e c o n o m e t r i x 10-Apr-02