RaceandHistoryHowComYouComAfrica SpeaksRootsWomenTrinicenter AmonHotep
Rootsie's Blog
Home » Archives » November 2005 » Sudan at the head of a global sweep to mop up world's oil resources

[Previous entry: "Racial Divide Evident in Military"] [Next entry: "Tehran Backing Chalabi as Iraq's Next PM"]


11/09/2005:

"Sudan at the head of a global sweep to mop up world's oil resources"

...Chinese business is blazing a trail across the continent. Trade with China has almost tripled in five years. Railways in Angola, roads in Rwanda, a port in Gabon and a dam in Sudan have all been paid for with Chinese loans and built by Chinese contractors. Business with Nigeria and South Africa is booming. And this year China is expected to overtake the UK as Africa's third largest trading partner.

The driving ingredient is oil. China's flagship African project is in Sudan. Isolation from the west meant that Khartoum barely pumped a barrel of crude a decade ago. Now, after intensive Chinese investment, it has the third largest oil business in sub-Saharan Africa.
guardian.co.uk

Home | Archives

November 2005
SMTWTFS
  12345
6789101112
13141516171819
20212223242526
27282930   

Articles
Rootsie's Forum
Reasoning Board
Haiti's Coup
Venezuela Watch

Weblogs

Africa Speaks
RootsWomen
Kurt Nimmo


Back to top

Rootsie's Homepage | Forum | Articles | Weblog Homepage

Copyright (c) 2004 Rootsie.com
Rootsie.com at www.rootsie.com grants permission to cross-post original Rootsie.com articles in their entirety on community internet sites, as long as the text and title of the article are not modified. The source must be acknowledged as follows: rootsie.com at www.rootsie.com The active URL hyperlink address of the original article and the author/s copyright note must be clearly displayed. For articles from other sources, check with the original copyright holder, where applicable. For publication of rootsie.com articles in commercial sites, print and other forms, contact us here.
Powered by greymatterforums, Rootsie.com, Trinicenter.com and Rootswomen.com