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2018 | OriginalPaper | Chapter

2. Neo-Colonialism and Foreign Corporations in Africa

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Abstract

Foreign corporations challenge African countries’ empirical sovereignty through a variety of regressive forms of foreign direct investment (FDI). This chapter examines the role of foreign companies in the oil sector and agribusiness. It assesses the role of oil companies in Ghana, the home-nation of Kwame Nkrumah, and queries lucrative arrangements that deny Ghanaians the true value of their natural resources. Focussing on the New Alliance for Food Security and Nutrition (NAFSN), the chapter also queries whether corporation mobilisation for food security genuinely benefits local communities. Notably here, the chapter draws attention to ‘land grabs’ which deny subsistence farmers access to land in favour of intensive cash crop cultivation by large-scale agribusiness.

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Metadata
Title
Neo-Colonialism and Foreign Corporations in Africa
Author
Mark Langan
Copyright Year
2018
DOI
https://doi.org/10.1007/978-3-319-58571-0_2

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