THE LOOTING MACHINE WARLORDS OLIGARCHS CORPORATIONS SMUGGLERS AND THE THEFT OF AFRICAS WEALTH

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The Looting Machine

Author : Tom Burgis
ISBN : 0007523106
Genre :
File Size : 59.14 MB
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An investigative journey into the ways the resource trade wreaks havoc on Africa, 'The Looting Machine' sheds light on the shadowy networks that connect Goldman Sachs, BP, the Hong Kong underworld and the murderous cabals that rule some oil states.
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The Looting Machine

Author : Tom Burgis
ISBN : 0007523092
Genre : Business & Economics
File Size : 87.11 MB
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The discovery of one of the world's most promising oil frontiers along Africa's west coast has seen the area touted as a prime investment destination. But talk of the reinvention of a continent masks a more troubling truth. The dirty trade in African resources has been grossly underreported. We have failed to grasp the importance of African commodities in our daily lives, be it the Guinean aluminium in our cutlery or the Nigerian petrol in our cars. As our dependency on these resources increases, the stories of those who live under their curse become all the more urgent. In this vital and arresting book, investigative journalist Tom Burgis hunts out the human stories both of the power brokers who run the looting machine and of those whose lives have been shattered by it, discovering how the price of the raw ingredients that fuel the global economy is rightly measured not in dollars, but in minds scarred and lives lost.
Category: Business & Economics

The Looting Machine

Author : Tom Burgis
ISBN : 9781610397483
Genre : History
File Size : 25.81 MB
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The trade in oil, gas, gems, metals and rare earth minerals wreaks havoc in Africa. During the years when Brazil, India, China and the other “emerging markets” have transformed their economies, Africa's resource states remained tethered to the bottom of the industrial supply chain. While Africa accounts for about 30 per cent of the world's reserves of hydrocarbons and minerals and 14 per cent of the world's population, its share of global manufacturing stood in 2011 exactly where it stood in 2000: at 1 percent. In his first book, The Looting Machine, Tom Burgis exposes the truth about the African development miracle: for the resource states, it's a mirage. The oil, copper, diamonds, gold and coltan deposits attract a global network of traders, bankers, corporate extractors and investors who combine with venal political cabals to loot the states' value. And the vagaries of resource-dependent economies could pitch Africa's new middle class back into destitution just as quickly as they climbed out of it. The ground beneath their feet is as precarious as a Congolese mine shaft; their prosperity could spill away like crude from a busted pipeline. This catastrophic social disintegration is not merely a continuation of Africa's past as a colonial victim. The looting now is accelerating as never before. As global demand for Africa's resources rises, a handful of Africans are becoming legitimately rich but the vast majority, like the continent as a whole, is being fleeced. Outsiders tend to think of Africa as a great drain of philanthropy. But look more closely at the resource industry and the relationship between Africa and the rest of the world looks rather different. In 2010, fuel and mineral exports from Africa were worth 333 billion, more than seven times the value of the aid that went in the opposite direction. But who received the money? For every Frenchwoman who dies in childbirth, 100 die in Niger alone, the former French colony whose uranium fuels France's nuclear reactors. In petro-states like Angola three-quarters of government revenue comes from oil. The government is not funded by the people, and as result it is not beholden to them. A score of African countries whose economies depend on resources are rentier states; their people are largely serfs. The resource curse is not merely some unfortunate economic phenomenon, the product of an intangible force. What is happening in Africa's resource states is systematic looting. Like its victims, its beneficiaries have names.
Category: History

Africa

Author : Richard Dowden
ISBN : 9780786741427
Genre : History
File Size : 79.98 MB
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After a lifetime's close observation of the continent, one of the world's finest Africa correspondents has penned a landmark book on life and death in modern Africa. It takes a guide as observant, experienced, and patient as Richard Dowden to reveal its truths. Dowden combines a novelist's gift for atmosphere with the scholar's grasp of historical change as he spins tales of cults and commerce in Senegal and traditional spirituality in Sierra Leone; analyzes the impact of oil and the internet on Nigeria and aid on Sudan; and examines what has gone so badly wrong in Zimbabwe, Rwanda, Burundi, and the Congo. Dowden's master work is an attempt to explain why Africa is the way it is, and enables its readers to see and understand this miraculous continent as a place of inspiration and tremendous humanity.
Category: History

Dancing In The Glory Of Monsters

Author : Jason Stearns
ISBN : 9781610391597
Genre : History
File Size : 76.39 MB
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At the heart of Africa is Congo, a country the size of Western Europe, bordering nine other nations, that since 1996 has been wracked by a brutal and unstaunchable war in which millions have died. And yet, despite its epic proportions, it has received little sustained media attention. In this deeply reported book, Jason Stearns vividly tells the story of this misunderstood conflict through the experiences of those who engineered and perpetrated it. He depicts village pastors who survived massacres, the child soldier assassin of President Kabila, a female Hutu activist who relives the hunting and methodical extermination of fellow refugees, and key architects of the war that became as great a disaster as--and was a direct consequence of--the genocide in neighboring Rwanda. Through their stories, he tries to understand why such mass violence made sense, and why stability has been so elusive. Through their voices, and an astonishing wealth of knowledge and research, Stearns chronicles the political, social, and moral decay of the Congolese State.
Category: History

Fortunes Of Africa

Author : Martin Meredith
ISBN : 9781471135460
Genre : History
File Size : 30.84 MB
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In this vast and vivid panorama of history, Martin Meredith, bestselling author of The State of Africa, follows the fortunes of Africa over a period of 5,000 years. With compelling narrative, he traces the rise and fall of ancient kingdoms and empires; the spread of Christianity and Islam; the enduring quest for gold and other riches; the exploits of explorers and missionaries; and the impact of European colonisation. He examines, too, the fate of modern African states and concludes with a glimpse into their future. This is history on an epic scale.
Category: History

African Anthropologies

Author : Mwenda Ntarangwi
ISBN : 1842777637
Genre : History
File Size : 31.69 MB
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Drawing on empirical and experiential material from the Horn, East and West Africa, this title presents an original overview of the challenges facing African anthropology and its future prospects.
Category: History

The Fate Of Africa

Author : Martin Meredith
ISBN : 9781610391320
Genre : History
File Size : 39.11 MB
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First published in 2005, The Fate of Africa was hailed by reviewers as "A masterpiece....The nonfiction book of the year" (The New York Post); "a magnificent achievement" (Weekly Standard); "a joy," (Wall Street Journal) and "one of the decade's most important works on Africa" (Publishers Weekly, starred review). Now Martin Meredith has revised this classic history to incorporate important recent developments, including the Darfur crisis in Sudan, Robert Mugabe's continued destructive rule in Zimbabwe, controversies over Western aid and exploitation of Africa's resources, the growing importance and influence of China, and the democratic movement roiling the North African countries of Tunisia, Egypt, and Jordan.
Category: History

A Continent For The Taking

Author : Howard W. French
ISBN : 9780307424303
Genre : History
File Size : 53.68 MB
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In A Continent for the Taking Howard W. French, a veteran correspondent for The New York Times, gives a compelling firsthand account of some of Africa’s most devastating recent history–from the fall of Mobutu Sese Seko, to Charles Taylor’s arrival in Monrovia, to the genocide in Rwanda and the Congo that left millions dead. Blending eyewitness reportage with rich historical insight, French searches deeply into the causes of today’s events, illuminating the debilitating legacy of colonization and the abiding hypocrisy and inhumanity of both Western and African political leaders. While he captures the tragedies that have repeatedly befallen Africa’s peoples, French also opens our eyes to the immense possibility that lies in Africa’s complexity, diversity, and myriad cultural strengths. The culmination of twenty-five years of passionate exploration and understanding, this is a powerful and ultimately hopeful book about a fascinating and misunderstood continent. From the Trade Paperback edition.
Category: History