The anatomy of the Resource Curse: predatory investment in Africa’s extractive industries
▻http://africacenter.org/2015/05/the-anatomy-of-the-resource-curse-predatory-investment-in-africas-extr
#Africa #Resource_Curse #corruption
This #ACSS Special Report delves into the often murky linkages between senior government officials, unscrupulous natural resource investors, and the loopholes they exploit in the international financial system. By tracing the actions of the Hong Kong-based #Queensway Group, a major actor in Africa’s extractive sector, the report provides a detailed portrait of the mechanics that perpetuate the inequitable development, weak institutions, and instability so frequently observed in Africa’s resource-rich countries.