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BONO18 MAY 2012 1 MIN READ

The Resource Miracle

Natural resources in developing regions must benefit the many, not the few, writes Bono in Time Magazine.

18 May 2012

In the new edition of Time Magazine Bono calls on the leaders of the G8, meeting in Camp David, to ensure that a resource boom in developing regions like Africa benefits the many, not the few.

'In many ways, Africa is to this century what North America was to the 19th. It has 60% of the world's undeveloped arable land and vast reserves of coal, oil and minerals, together with enormous renewable-energy resources.

Sub-Saharan Africa is also home to 400 million of the world's poorest people. These resources should be theirs. Get the development of them right and the forthcoming financial resources--invested well--can transform the lives of countless numbers of people.'

Read Bono's article in full.

More about the G-8 Meeting on the One Blog.