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Friday, August 26, 2016

How British Companies and Others Control Over US$1Trillion of Africa's Resources

How British Companies and Others Control Over US$1Trillion of Africa's Resources


Give them their parliament but we will control the banks
Lusaka Times, August 26, 2016
~ By Mark Curtis

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 $305billion worth of platinum, $276billion worth of oil and $216billion 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.

Click here to read the full report.

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