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At Gleneagles, the leaders of the U.S., Japan and the wealthiest European countries vowed to supply $21.5 billion in aid to Africa by 2010, to help the continent work its way out of poverty by tackling dire problems in health and education. But with just a year to go, only...

Author: /time Magazine | Title: Why Wealthy Nations Are Stiffing Africa | 6/12/2009 | See Source »

Booming prices for oil, copper, gold and other commodities over the past decade have produced annual GDP growth rates as high as 6% in some African countries. But the International Monetary Fund predicts continent-wide economic growth of only about 1.7% this year - compared with last year's growth estimate...

Author: /time Magazine | Title: Why Wealthy Nations Are Stiffing Africa | 6/12/2009 | See Source »

Bongo was far from the only postcolonial African head of state to take his country's riches as a personal reward for the burdens of office. The French-property portfolios of two others - Denis Sassou-Nguesso of Congo Brazzaville and Teodoro Obiang of Equatorial Guinea - are also under investigation, and...

Author: /time Magazine | Title: Gabon Faces Bongo's Disastrous Legacy | 6/10/2009 | See Source »

There is hope that Bongo's death may help set a new pattern for Africa, opening the way for a new era of reform and shared prosperity. Across the continent, the old "Big Men" dinosaurs are dying off. Gone are Idi Amin of Uganda, Mobutu Sese Seko of Zaï...

Author: /time Magazine | Title: Gabon Faces Bongo's Disastrous Legacy | 6/10/2009 | See Source »

It's perhaps an inevitable consequence of European parliamentary elections that voters in country after country across the continent so often choose to thump national politicians over distinctly domestic issues. As the results of Thursday's Europe-wide poll trickled in late Sunday, nowhere was that more evident than Britain...

Author: /time Magazine | Title: European Elections: A Blow to Brown, Boost for Merkel | 6/8/2009 | See Source »

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