The resource cure. A gold mine in the Democratic Republic
of Congo.The country holds natural resources worth trillions
of dollars but the population is blighted with extreme poverty
and violence. in a new edition of his book 'The Looting
Machine,' Investigative journalist Tom Burgis explores
why resource-rich states are falling their people.
The resource cure. Ugandan Prime Minster Milton Obote,
speaking on stage following the declaration of Ugandan
independence, Uganda September 10th 1962.
Burgis argues that exploitation of colonialism continued
after independence in many African states, as new ruling
elites used natural resources to enhance their wealth and
power at the expense of their public.
The resource curse. International mining compagnies were
allowed to maintain power in independent African states
despite their involvement with colonial-era exploitation
The resource curse. Botswana has sought to counter-act
the 'resource curse' effect by building high-skill industries
such as diamond polishing, rather than just exporting
The resource curse. Innoson Motors factory in Nnewi.
Nigeria is attempting to diversify its economy away
from oil dependency, and towards manufacturing.
The resource curse.
The resource curse. The global supply chain still relies on
cheap raw materials from Africa, which makes western
governments and consumers complicit in the crimes
around resource extraction, says Burgis.
The resource curse. Some measures have been taken to
address the issue, such as the Kimberly Process to
stop 'blood diamond' trafficking.
Workers extracting cobalt from a lake in Katanga
province, DR Congo.
British businessman Cecil Rhodes (center) founded the
De Beers diamond company in South Africa,
implicated in colonial atrocities.
Garbage piles up as so little of Angola's wealth trickles
down to the communities.