African Union chairman Olusegun Obasanjo urged rich nations on Monday to send the continent "massive" financial help, saying it was moving from a past of military coups to a future of good governance. Obasanjo, president of Africa's most populous country Nigeria, said he hoped this week's Group of Eight (G8) summit would extend a recent debt cancellation beyond the 14 African countries that benefited from it, Reuters reported. "This is not the time for a lot of talk but more of a time for serious and concerted action," he told the opening session of a half-yearly summit of the 53-nation African Union. He praised a British-backed report recommending more help for Africa to be presented to the G8 summit chaired by British Prime Minister Tony Blair on Wednesday and Thursday. --More 2317 Local Time 2017 GMT
