The Looting Machine

Warlords, Oligarchs, Corporations, Smugglers, and the Theft of Africa's Wealth

Recommended by Trevor Ncube, and 1 others. See all reviews

Ranked #64 in Oil, Ranked #78 in African History

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...

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Trevor Ncube @shumbamutasa @PTChimusoro Agreed. Powerful book. Read it about 2 years ago. #twitterbookclub (Source)

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