First Published in 1976, Arab Dollars for Africa examines how Arab funds can be recycled into the African Economy. The long-term industrial future of the Arab oil producers is dependent on the availability of raw materials. Africa as a whole contains vast reserves of vital minerals, but they require considerable investment for their exploitation. The Arab states are well placed to participate in the development of the African economy both on the basis of state-to-state cooperation and through individual enterprises.
Africa and the Arab world share economic goals as members of the developing world and as key primary producers and have a common purpose in bringing about a new international economic order. This book deals in detail with investment opportunities in national development banks and in individual agricultural and industrial projects. This is an important historical analysis for scholars and researchers of African studies, international politics and geopolitics.