The New Scramble for Africa
By Padraig Carmody (Author)
Paperback: 240 pages; Publisher: Polity (June 21, 2011); Language: English; ISBN-10: 0745647855; ISBN-13: 978-0745647852
Once marginalized in the world economy, the past decade has seen Africa emerge as a major global supplier of crucial raw materials like oil, uranium and coltan. With its share of world trade and investment now rising and the availability of natural resources falling, the continent finds itself at the centre of a battle to gain access to and control of its valuable natural assets. China's role in Africa has loomed particularly large in recent years, but there is now a new scramble taking place involving a wider range of established and emerging economic powers from the EU and US to Japan, Brazil and Russia.