World's rich failing on Africa promises - Bono

The world’s biggest industrial countries are failing to keep up with financial promises they made to Africa, rock star Bono said, calling a new progress report “a cold shower” for the Group of Eight.

G8 members in 2004/06 contributed less than half the amount needed to make good their promises to double Africa aid to $50bn by 2010, according to a report released by Data – Debt, Aids, Trade, Africa – the Africa advocacy group founded by the 47-year-old lead singer of U2.