Reversing The Resources Curse
The theme of the competition among global powers in the hoarding of African resources and the impact of this new “scramble for Africa” on the continent’s development were the focus of the workshop, sponsored by the Institute for International Policy Studies (ISPI) and the Italian Ministry of Foreign Affairs. The seminar, held in Rome, was attended by several journalists and experts on African issues. The discussion showed that, due to the fact that traditional Western partners in Africa are faced with increasing competition of other powers (ranging from China to India, from Russia to Brazil), African countries can negotiate more advantageous contracts in handing over their natural resources. However, there is still the problem of corruption among the African ruling elite, which undermines the possibility of using the “royalties” of mining concessions to improve the conditions of the population and diversify African economies which are still too dependent on monocultures and the mining sector alone. In several African countries, there is, however, an emerging civil society that is asking its own leaders to give accounts of financial resources gained from the exploitation of minerals and oil. Among the most active in this field are several bishops’ conferences and individual bishops such as Comboni Bishop Michele Russo, Bishop of Doba in Chad, who launched an appeal asking that African resources be used to improve the living conditions of its inhabitants. Africa, a continent in turmoil, whose population has recently exceeded one billion inhabitants, has a huge economic potential, yet untapped. Most of its natural resources, in fact, have not yet been taken advantage of. The arrival of new economic partners could change that. However, as pointed out in the final conclusions of the seminar, including those of South-South cooperation, Africa is likely to remain the junior partner, as it has yet to do some “catching-up,” even in comparison to Asian and South American partners.

