6 Ways Africa Is Being Exploited by Europeans and Asian Neo-Colonists

china-is-very-busy-milking-africas-resources

Asymmetric Trade

Trade between China and Africa was worth more than $200 billion last year, 20 times what it was in 2000. Many Africans say that China is a better partner than Europe or the U.S. However, China’s extraction of billions of dollars in African resources, which are used to make the manufactured goods that are then sold back to Africans at a marked-up price, is the essence of European colonialism. This results in the same outcome where the value and money from the natural resources go to the West and East Asia rather than Africa, further causing poverty on the continent.

Still independent.

We hope this story was worth your time. For over 14 years, Atlanta Black Star has stayed Black-owned and independently run. We didn't get here by waiting on ad budgets that were never built to prioritize us. Our readers did that.

Corporate support for Black media has always been thin. Outlets like ours get roughly 1% of the $170 billion spent on U.S. advertising each year, and that margin is shrinking further as advertisers walk back the DEI-linked commitments they made in 2020. That's the backdrop. It's not why we're asking.

The wider picture isn't any steadier. Newspaper ad revenue has fallen more than 80% since 2005, and local newsrooms are closing at a rate of roughly two a week nationwide. When outlets go under, it's rarely the ones built to center a Black perspective from the ground up that get to stick around.

We know a request for support isn't why you came here. But without readers choosing to fund this work directly, the depth of reporting we can do at home and abroad shrinks along with everyone else's. If you're not in a position to give, that doesn't change how much we value you as a reader.

If you are able to, a recurring contribution does more for us than a single one-time gift, because it lets us plan the next investigation instead of just the next invoice. It takes about 30 seconds, no long form, no account. Thank you for continuing to support independent journalism and freedom of the press.

Back to top