Africa seen as an El Dorado

With all the resources it is disposing of, Africa is land of wealth. However, its inhabitants struggle to exploit them or even if they succeed to do so, cannot make it sustainable. Most of the times African countries call upon foreign companies to explore those resources. As a matter of fact, it is those companies that first benefit from this partnership in addition to the cheap labour it is providing them with. However, who of the continent and those companies is benefiting the most from it?

Seen that way, it is quite understandable that more and more foreign companies settle in Africa. The cheap labour they have and all those resources constitute for them a real competitive advantage comparing to those set in Europe. Furthermore, it has been shown that world companies established in Africa need less than two years to recover what they have invested when creating their enterprise.

Africa is then really attractive to foreign companies. Even though they do help Africans develop their countries, it is somehow as if they were abusing them. The continent does not always feel the good side of their presence, given that they are the ones who mostly benefit from it.

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