Africa has about nine percent of world reserves. The Middle East has sixty percent. A lot of African oil goes to America too, but where it goes is irrelevant. Oil is a fungible product, it's available for sale globally. What really matters is who gets to produce it.
It's interesting that you're comparing American and Chinese actions in Africa to get access to African resources. There's quite a historical record to look back on. One country largely supplies their guy with millions of dollars of weapons. The other country sets up economic co-operation agreements, sends engineers to build roads, dams and so on, sends cheap consumer goods and sets up economic development funds to allow the Arfican countries to bypass the World Bank and the IMF which lock African countries into the tender mercies of the western financial system.
Which country do you think aspiring developing African democracies want to do deals with?
Bookmarks