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The only reason I see for *not* abolishing the debt and giving more aid is that many of the countries in Africa are run by corrupt despots who have been diverting aid money (whether they are loans or not) to their own coffers for years (a large amount of the money raised by LiveAid went to feed and equip the Ethiopian army rather than the starving people; The Democratic Repoublic of the Congo -- formerly Zaire -- has about 5 billion in debt but in the years that they have accumulated this debt their leader has amassed a personal fortune equal to about 4 billion... these are just two examples amongst many).
Abolishing the debt is just one side of the equation. The other side is responsible, democratic governments (with emphasis on responsible).
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"My hands are on fire. Hands are on fire. Ain't got no more time for all you charlatans and liars."
- Old Man Luedecke
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