Mail & Guardian
Mail & Guardian
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An artisanal miner pans for gold in Senegal. (Photo by JOHN WESSELS/AFP via Getty Images)
AFRICA

How Wall Street profits from African debt and resource extraction

Companies owned by global investment firms mine Africa and take the profits. Cash-strapped governments then borrow from the same firms at high interest

  • Lydia Namubiru, The Continent
  • Jaume Portell Caño
4 min read