scramble for africa2 12.10.10.jpgThe rush for African resources which has seen the discovery of vast  oilfields in Ghana and huge diamond deposits in Zimbabwe is taking a new dimension with multi-national corporations attempting to claim large stakes of  the continents’ resources in moves described as attempts to repartition the resource rich continent.

 

Just like in 1884 when Western countries gathered in Germany for the Berlin Conference to partition Africa, the scramble for African resources is still on today.

 

The discovery of diamonds in Zimbabwe is poised to see the country contributing more than a quarter of the world’s diamonds at full exploitation.

 

But the battle to control these precious stones is far from over as former colonisers want to have not just a slice of the cake but a bigger chunk.

 

In West Africa, Ghana is to begin full oil exploitation in December producing more than 120 000 barrels per day, a figure that is expected to be doubled in three years time.

 

Again Western multi-national corporations are fighting to control Ghana’s oil.

 

International relations analyst, Mr. Wellington Gadzikwa says, the West is still as determined to loot Africa as it was over a century ago.

 

While African governments continue to battle the resource encroachment designs by mult-inational corporations, reports that by 2020 Africa will replace America as the third largest oil producer is not falling on deaf ears.

 

The continent’s governments have been warned to stand guard and ensure that it is the local Africans who should benefit from their resources.

 

Ghana’s Kosmos and American consortium Exxon Mobil clash with the government is no different from the Zimbabwe government’s clash with the British-owned Africa Consolidated Resources.

 

The two cases serve as a typical example of neo-colonial encroachments on the continent’s resource base.

 

With experts warning that Africa should stand guard, sentiments are built on the fact that laws seeking to address resource ownership by local indigenous people like Zimbabwe’s Indigenisation Act have come at the right time.