Britain’s New African Empire – Mark Curtis

Britain’s New African Empire

by markcurtis

Published in the Huffington Post, 26 July 2016

Companies listed on the London Stock Exchange control over $1trillion worth of Africa’s resources in just five commodities – oil, gold, diamonds, coal and platinum. My research for the NGO, War on Want, which has just been published, reveals that 101 companies, most of them British, control $305 billion worth of platinum, $276 billion worth of oil and $216 billion worth of coal at current market prices. The ‘Scramble for Africa’ is proceeding apace, with the result that African governments have largely handed over their treasure.

Tanzania’s gold, Zambia’s copper, South Africa’s platinum and coal and Botswana’s diamonds are all dominated by London-listed companies. They have mines or mineral licences …… (to read more visit Mark’s site here)
July 27, 2016 at 07:30
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