I never know what to make of Bono as an activist. His blog on FT has a rather passionate plea about why the rest of the world needs Africa, and therefor how it deserves more aid. That’s a slightly tricky argument. What if we don’t need Africa’s minerals, trees etc., then is it okay not to give them aid? Not that I have anything against need-based aid, but given his own political stand, doesn’t this sound a little .. dubious?
Every time you make a cell phone call you make it with the help of coltan, an African metallic ore. It’s a rich continent: zinc, copper, oil, gas, silver, gold, diamonds… Just for its resources Africa will play a critical role in how the 21st century is shaped. If we want to breathe we’re going to need African cooperation on climate change (Congo is the second biggest rainforest on earth.) Anyway, I tell you all this to point out that while there is a meltdown happening on the markets and in our banking systems, you FT readers should keep one eye on the opportunity of Africa.
Sometimes I wish he’d just go back to making good music.