Africa trades mainly with the countries of Western Europe, North America, and Japan. Africa is also diversifying its trade by dealing with socialist … - Walter Rodney

The process by which Africa produced thirty-odd sovereign states was an extremely complex one, characterized by an interplay of forces and calculations on the part of various groups of Africans, on the part of the colonial powers, and on the part of interest groups inside the metropolis. [...] It must be stressed that the move for the regaining of independence was initiated by the African people; and, to whatever extent that objective was realized, the motor force of the people must be taken into account.

Imperialism is itself a phase of capitalist development in which Western European capitalist countries, the U.S.A., and Japan established political, economic, military, and cultural hegemony over other parts of the world which were initially at a lower level and therefore could not resist domination. Imperialism was in effect the extended capitalist system, which for many years embraced the whole world—one part being the exploiters and the other the exploited, one part being dominated and the other acting as overlords, one part making policy and the other being dependent.

It is the practice of monopoly concerns to move into new fields which supplement or even replace their old business. That is necessary to avoid their entire capital from being tied up in products that go out of fashion.