G8 countries have yet to put their money where their mouths are. While George, Vladimir, Silvio et al were in Edinburgh telling us all to throw cash at Africa, their countries' bankers were nowhere to be seen. According to the data providers at Zephyr, African mergers and acquisitions are at an all-time high – reaching €7bn in the first six months of this year – but only 23% of that came from G8 countries, or more precisely, from France and Britain. The US, Italy, Germany, Canada, Russia and Japan do not feature in the figures at all.