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AFRICA STILL IN CHAINS


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AFRICA STILL IN CHAINS

Mike Walsh

A common misconception is that post-colonial Africa has been a failure and its natural resources are squandered by incompetent or corrupt African despots. Not quite.

What we do have is ethnic-African bank managers dressed up as presidents and prime ministers. The natural and human resources of the largest of the earth’s continents are today plundered more than at any time in the history of the Dark Continent.

Recent research reveals that companies listed on the London Stock Exchange control over $1 trillion worth of Africa’s resources. These key resources are just five in number; oil, gold, diamonds, coal and platinum. There are many other forms of natural and human resource exploitation.

 

Recently research reveals that 101 companies, most of them British registered but not necessarily British owned, control $305billion worth of platinum, $276billion worth of oil and $216billion worth of coal at current market prices.

 

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Africa Still in Chains

Africa Still in Chains

A common misconception is that post-colonial Africa has been a failure and its natural resources are squandered …

 

 

 

Michael Walsh

Author, Publishing and Broadcasting

Michael Walsh

http://spinfreehistory.com/

European Correspondent

Free Thinking Journalism, Broadcasting 

Spin-Free History


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