Abstract
While Africa is often referred to as a loser in the globalization process, natural resources in oil and gas turn the continent into a very interesting one for Western oil-dependent economies. It has been suggested that Africa is witnessing a 'New Scramble' with China and the United States, competing for access to Africa's resources. This article aims to scrutinize the claim that Africa is facing a New Scramble, analyzing the nature of the economic and political changes at work, the importance of Africa's oil and the likely effects of the new oil rush. This article focuses on the US, China and some developing countries, such as Malaysia, Brazil, India or South Korea, who are also making efforts to secure access to African oil resources.
