"...Africa is rich in mineral and natural resources with large parts of its terrain teeming with wild life and magnificent plant life. It possesses 99 percent of the world's chrome resources, 85 percent of its platinum, 70 percent of its tantalite, 68 percent of its cobalt, and 54 percent of its gold, among others. It has significant oil and gas reserves. Nigeria and Libya are two of the leading oil producing countries in the world. Further, Africa is the home to timber, diamonds, and bauxite deposits...The 19th-century scramble for Africa saw the great powers rush to control land so they could exploit natural resources. Today, the scramble continues — the continent still a vital arena of strategic and geopolitical competition among the United States, France, Britain, China, and India. The key question for many is: will the exploitation of Africa's rich resources benefit anyone other than the continent's elites?.."...More


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