Bob Geldof: What I see is crap and it makes me angry

Celebrity swearer Bob Geldof is back in the media spotlight, after launching a $750m private equity fund to invest in Africa.

Bob Geldof, the former pop singer and celebrity activist, is back in the media spotlight. This time he's launching a $750m private equity fund, 8 Miles (so named because it is eight miles from Gibraltar to Africa).

A scruffy 58-year-old musician and fund management hardly seem a natural fit. But Geldof has been a successful businessman for years and has apparently been persuaded that Africa can best be helped through direct investment rather than aid, says Margareta Pagano in The Independent. "I have never understood the concept that business is dull," he tells Fred Redwood in The Sunday Times. "There's an element of creativity that's just as strong in business as it is in music."

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