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Book review: The Looting Machine - how Africa was robbed

Shadow states are pillaging Africa's immense wealth, from Angola to Zimbabwe, while corroding its societies, writes Tom Burgis, who has reported on the continent for the Financial Times for nine years. The result is a nation such as Nigeria, one of the world's major oil producers, generating half as much electricity as North Korea.

 

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The former president of the Democratic Republic of Congo, Laurent Kabila, is said to have received US$4 million a week in cash-filled suitcases. Photo: AFP

by Tom Burgis
William Collins
Augustin Katumba Mwanke was a young banker in South Africa when he was persuaded to return home to help rebuild the Democratic Republic of Congo by the new government of Laurent Kabila. A year later, he got a call from the president, also from Katanga province, and was made governor of an area the size of France, with control over some of the world's most valuable mineral deposits.

This marked the start of his rapid rise to power beside the president, at the core of a network of Congolese officials, foreign businessmen and organised criminals plundering the nation's immense wealth.

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First, they transferred US$5 billion of state assets into the pockets of private firms with no benefit to the state. After this was exposed, Katumba created a shadow state to steal funds, buy elections and bribe supporters. One witness said Kabila was handed at least US$4 million a week in cash-filled suitcases from mining companies.

The victims, of course, are those millions of people condemned by the "resource curse" to conflict and poverty in a country that remains among the world's poorest, despite the huge riches beneath their feet.

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As this timely book shows, similar shadow states are pillaging Africa's immense wealth, from Angola to Zimbabwe, while corroding its societies. The result is a nation such as Nigeria, one of the world's major oil producers, generating half as much electricity as North Korea - enough to power only one toaster for every 44 of its citizens.

After nine years reporting on Africa for the Financial Times, Tom Burgis exposes how the extractive industries have turned into a hideous looting machine, the West guilty of complicity in the raping of a continent. Corruption does not end at the borders, Burgis says: kleptocratic regimes use avaricious allies to sell their commodities and stash illicit cash. "Its proponents include some of the world's biggest companies, among them blue-chip multinationals in which, if you live in the West and have a pension, your money is almost certainly invested."

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