Bono enters the blogosphere

Posted By Blake Hounshell Monday, September 29, 2008 - 7:18 AM Share

Spencer Platt/Getty Images

I didn't realize that Bono (a.k.a. the king of Ireland) had been blogging last week for the Financial Times about the U.N.'s Millennium Development Goals. Turns out the U2 frontman is something of a long-winded fella, though one can find some interesting tidbits amid the filler.

For instance, he offers some sound investment advice here at a time of financial crisis:

As I mentioned earlier in the week, there are 18 non-oil economies in Africa which have grown now at 5.5% for a decade, countries which on average have seen a 66% increase in aid, most are democracies and most have received full debt cancellation. With statistics like these it proves it's still time to aid Africa. But it also proves it's time to invest in Africa. Any remaining capital out there couldn't find a better long-term bet than the African subcontinent, that's my tip for the week.

Seems like Bono has been listening to Gareth Penny and the folks at DeBeers.

EXPLORE:AFRICA, DEVELOPMENT, MEDIA, UNITED NATIONS

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