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As a result, Africa loses £30bn more each year than it receives in aid, loans and remittances. In Britain’s case, the Commonwealth has served very nicely to advocate its particular shopping list: liberalised, extractor-friendly regimes, low corporate tax rates, and a creative system of tax havens predominantly located in – you guessed it – other Commonwealth countries. At present, British companies control more than $1 trillion worth of Africa’s key resources: gold, diamonds, gas and oil, and an area of land roughly to four times the size of the UK.Īll countries use diplomacy to lobby in their own interests – there is nothing wrong with that. Take Britain’s relationship with the African continent, for example. This is not a question of conjecture, but of fact.
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