Africa is fabulously rich in natural resources, more than any other continent. According to Capitalism Magazine, it has 50 per cent of the world’s gold and diamonds. It possesses a seemingly endless supply of minerals, including most of the world’s bauxite, chromium, cobalt, manganese and platinum, along with large untapped oil reserves. It has an abundance of timber, millions of acres of fertile land, and lakes and rivers capable of producing 40 percent of the world’s supply of hydroelectric power. The list could go on.