US ECONOMIC INTERESTS IN AFRICA

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CIA-RDP79S01091A000300050001-3
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November 9, 2016
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January 6, 1999
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1
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September 1, 1973
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Approved For Release 1999/09/08 : CIA-RDP79SO1091A0003 ~ 013 . Intelligence Handbook US Economic Interests in Africa ER H 73-3 September 1973 Copy N2 4 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 WARNING This document contains information affecting the national defense of the United States, within the meaning of Title 18, sections 793 and 794, of the US Code, as amended. Its transmission or revelation of its contents to or re- ceipt by an unauthorized person is prohibited by law. Classified by 015319 Exempt from general declassification schedule of E.O. 11652 exemption category 58(1),(2),(3) Automatically declassified on Date Impossible to Determine Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/=L%4C1?RIRIP79S01091A000300050001-3 Page Introduction ....................................................... 1 Trade Between the United States and Africa: Value and Geographical Distribution, 1972 (map) ........................................ 2 Discussion Perspective: Africa's Economic Relations with the West ............... 3 US-African Trade ................................................. 4 US Private Investment in Africa .................................. 6 US Aid to Africa ................................................. 7 Economic ..................................................... Military Outlook for US Trade and Investment .............................. 7 1. United States: Imports from Africa, by Region and Country ........ 9 2. United States: Exports to Africa, by Region and Country ......... 10 3. United States: Imports from Africa, by Major Product, 1972....... 11 4. United States: Principal Imports from Africa, 1972 ................ 12 5. United States: Imports for Which Africa is an Appreciable Source, 1972 ....................................................... 13 6. United States: Exports to Africa, by Major Product, 1972 .......... 14 7. United States: Principal Exports to Africa, 1972 .................. 15 8. United States: Exports for Which Africa is an Appreciable Market, 1972 ....................................................... 15 9. United States: Estimated Stock of Private Direct Investment in Africa and Worldwide ................ ........... 16 10. United States: Estimated Stock of Private Direct Investment in Africa, by Industry ......................................... 16 11. United States: Economic Aid Commitments to Africa ............. 17 12. United States: Military Aid Commitments to Africa .............. 18 13. Africa: Basic Economic Data, by Country ....................... 19 CONFIDENTIAL i Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release I 99AOy TI A-RDP79S01091A000300050001-3 Country Data Sheets Page Algeria ...................... 22 Angola ...................... 24 Cameroon ................... 26 Egypt ....................... 28 Ethiopia .................... 30 Gabon ................ ..... 32 Ghana ................ ..... 34 Ivory Coast ........... ..... 36 Kenya ................ ..... 38 Liberia ...................... 40 Libya ....................... 42 Malagasy Republic ........... 44 Page Morocco .................... 46 Mozambique ................. 48 Nigeria ...................... 50 Sierra Leone ................. 52 South Africa .................. 54 Sudan ....................... 56 Tanzania .................... 58 Tunisia ..................... 60 Uganda ..................... 62 Zaire ........................ 64 Zambia ..................... 66 Appendix Weaknesses in the Investment Data ............................... 69 ii CONFIDENTIAL Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999?)EQ RDP79S01091A000300050001-3 INTELLIGENCE HANDBOOK US ECONOMIC INTERESTS IN AFRICA This handbook is a compendium of information on US economic ties with Africa. The handbook starts with a short treatment of the economic interests of the West in Africa and continues with a general discussion of key features of US-Africa trade, US investment in Africa, and US aid to Africa. Detailed statistical tables present information, by region and country, on these topics, as well as basic economic data on individual African countries. A second part of the handbook consists of data sheets on the 23 African countries that account for 95% of US trade with Africa. The sheets include broad economic data and information on foreign trade, investment, and aid, with emphasis on economic ties to the United States. Because of rounding, figures in the statistical tables and the data sheets sometimes do not add to the totals shown. The term investment in this handbook normally refers to the cumulated value of all foreign-owned assets in an African country at a given time rather than to the addition to assets made in any given year. A short appendix describes some of the glaring weaknesses in the data on foreign investment in Africa. NOTE: Comments and queries regarding this publication arc welcomed. They 25X1A9a may be directed to of the Office of Economic Research, Code 143, Extension 6404. Approved For Release 1999/G~Mg' ~I[ kDP79SO1091A000300050001-3 1 Approved For Release 1999/0 MAI'lD q~ftr DMS01091A000300050001-3 TRADE BETWEEN THE UNITED STATES AND AFRICA: VALUE AND GEOGRAPHICAL DISTRIBUTION, 1972 Gabon Million US $ Pei cent SUB-SAHARAN AFRICA 1,555 60 (EXCEPT SOUTH AFRICA) Nigeria 385 :2 Ghana 123 4 Angola 116 4 Ivory coast 114 4 Liberia 94 3 Ethiopia 82 3 Zaire 80 3 Cameroon 61 2 Kenya 53 2 Uganda 52 2 Malagasy Republic 48 2 Mozambique 41 1 Zambia 37 1 Tanzania 33 1 Sierra Leone 30 1 Sudan 30 1 Gabon 24 1 All others (21 countries) 150 5 Million US $ Percent NORTHERN TIER 628 20 Algeria 202 6 Libya 201 6 Egypt 93 3 Morocco 69 2 Tunisia 63 2 Egypt \\. *Including, in a customs union, Botswana, Lesotho, South-West Africa, and Swaziland. 2 Approved For Release I 999/ / IDdb'-?FkDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/@WDEQtA4-RDP79S01091A000300050001-3 Perspective: Africa's Economic Relations with the West 1. Economic relations between Africa 1 and the developed countries are essential for rapid economic progress in Africa. At the same time--except for gold from South Africa and petroleum from Algeria, Libya, and Nigeria-most of these relations are presently of minor importance to the United States and the other nations of the developed Western world .2 Trade with Africa represents only about 5% of total Western trade. Direct investments in Africa constitute only 8%-10% of all Western foreign investments by private business firms; 3%-5% in South Africa alone. As for aid, a substantial part of British, French, and Belgian foreign aid goes to Africa. In the past several years, 7% of US foreign aid has been committed to the area. 2. The interest of European and American importers and investors in Africa has focused on primary products, such as petroleum, gold, diamonds, copper, iron ore, coffee, cocoa, cotton, and palm and vegetable oils. Other major African exports are uranium, bauxite, phosphates, wood products, sugar, peanuts, sisal, and wine. More than 35% of the West's imports from Africa in 1972 con- sisted of petroleum. Gold has accounted for an additional 10%.3 3. The exploitation of mineral resources almost certainly will continue to characterize private foreign investment in Africa over the next decade. Invest- ment in other branches of industry is less promising because of market limitations (scattered populations and low incomes), a widespread movement toward nationalization, and scarcity of skilled manpower. In general, African countries (with the exception of South Africa) have not been able to generate sustained economic momentum because: ? Agricultural production has barely kept up with rapid population growth; ? Wide fluctuations in the prices of key exports copper, cocoa, and coffee ---have inhibited orderly economic planning; ? Increases in exports have often been matched by increases in im- ports of consumer goods; and, ? Governments, racked by tribal animosities, have not acquired the political strength and administrative expertise to sponsor effective economic development programs. 1 Africa for this handbook includes all the countries of the African continent, Malagasy Republic, and Mauritius. 2 As regards trade, in this handbook, the developed Western world consists of the market economies of Europe, North America, Japan, Australia, and New Zealand; and as regards investment, the West is limited to the 16 of these countries that constitute the Development Assistance Committee (DAC) of the Organization for Economic Cooperation and Development (OECD). 3 This is a rough estimate, which includes an allowance for the substantial volume of gold sales that is not reflected in the normal world trade data. (Gold sales are often treated, in foreign trade accounts, not as items of trade but as sales to financial institutions.) CONFIDENTIAL 3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999MMA)EPIAtRDP79S01091A000300050001-3 4. Since World War [I, US economic relations with Africa have expanded as part of the general rapid growth in US international trade, investment, and foreign aid. Trade with Africa remains only a small share of total US foreign trade--3% in 1972. From the African point of view, US-Africa trade is more important, making up about one-tenth of the continent's trade in recent years. (For detailed trade data on Africa, by region and country, see Tables 1 and 2.) The commodity flow is as follows: a. US imports from Africa: petroleum, coffee, diamonds, cocoa, fish, iron, and other primary products (see Tables 3, 4, and 5). b. US exports tc Africa: industrial machinery, transportation equip- ment, other manufactured goods, and foodstuffs (see Tables 6, 7, and 8). 5. Africa accounts fir only 3% of US imports (see Table 3). Foodstuffs (vanilla, cloves, cocoa, coffee, and nuts), metallic ores, cotton, and diamonds are among the few US imports for which Africa is an appreciable source (see Table 5). 6. Africa has supplied some of the strategic materials the United States has stockpiled to meet emergency needs--but not recently. No new foreign procure- ment for the stockpiles has occurred since the mid-1960s; the President's announced intent is to reduce their size and scope. Of the types of goods in stockpiles, the United States imports from Africa substantial quantities of manganese ores, chromium, rubber, silver, and platinum as well as smaller quantities of cobalt and columbium. 7. Africa accounts for only 3% of US exports. Machinery and transport equipment, which account for more than half the commodities the United States exports to Africa, constitute only 4% of the US market for such products (see Table 6). From the overall point of view, the continent is important as a market to the United States only in the case of oils and fats, of which Africa takes 16%. In no other major commodity group does Africa's share exceed 5% (see Table 8). From the point of view of many individual US business firms, however, Africa is a leading customer (e.g., for mining equipment) or a leading supplier of raw materials. 8. As for the geographical distribution, South Africa (including the small countries within its custorrs union) accounts for 30% of the total African trade with the United States (see the map). The five countries of the northern tier account for another 20%. Nigeria represents a further 12%, and the remaining 37 states of sub-Saharan Africa share 38%. 9. South Africa has si.,able two-way trade with the United States. Oil-rich Nigeria, Algeria, and Libya have two-way trade with the United States on a much smaller scale, exporting oil and importing US transport equipment, machinery, and food. Sumriary data for US trade with Africa and with the four principal African trading Partners, for 1972, follow: 4 Approved For Release 1999/09/08ENGIA-RDP79S01091A000300050001-3 Approved For Release 1999/09/OPCCQIIR79S01091A000300050001-3 Million US$ To/From Africa To/From World Africa US exports 1 535 100 3.1 US imports 1,581 100 2 8 South Africa US exports 603 39 . 1.2 US-imports 330 21 0 6 Nigeria US exports 114 7 . 0.2 US imports 271 17 0 5 Algeria US exports 98 6 . 0.2 US imports 104 7 0 2 Libya US exports 85 6 . 0.2 US imports 116 7 0.2 10. US imports of Ghanaian cocoa and Angolan, Ivorian, and Ethiopian coffee place these countries in the second tier of the United States' African trading partners. Egypt and Morocco are customers for US oils and fats, food, machinery, and transport equipment. Liberia exports iron ore and rubber to the United States and takes a miscellany of products in return. Zaire, nearly balanced its trade with the United States in 1972 by reducing its imports of US manufactures while maintaining exports of coffee, cobalt, and other ores and minerals. (For detailed trade data for these and other African countries, see the country data sheets.) 11. For the first time since 1959, the United States had an unfavorable trade balance with Africa in 1972. US exports worldwide increased nearly 13% in 1972 whereas exports to Africa shrank 8%. US imports from Africa rose by 29%, compared with a 22% increase in imports worldwide. The decline in US exports to Africa in 1972 was largely in the machinery and transport equipment and chemicals sectors. The increase of petroleum imports to US$476 million in 1972, compared with $162 million in 1971, largely accounted for the jump in imports, as follows: CONFI NT1AL 5 Approved For Release 1999/09/08 : CIA-RDP79S01091A000300050001-3 Approved For Release 1 pMA IAPCIA-RDP79S01091 A000300050001-3 Million US$ Change from 1971 to 1972 1972 1971 Million US$ Percent World US exports 49,676 44,137 5,539 12.5 US imports 55,555 45 ,602 9,953 21.8 Balance --5,879 -1 465 Africa US exports 1 ,535 1 ,667 --132 -7.9 US imports 1,581 1 ,227 354 28.9 Balance --46 440 12. The United States had a less favorable balance of trade with South Africa and with the group of no thern tier countries in 1972 compared with 1971. The deficit with the remaining countries rose sharply, as follows: Africa -- 46 440 South Africa 273 339 Northern Tier 114 265 Sub-Saharan Africa, except South Africa --433 -164 US Private Investment in Africa 13. US private direct investment in Africa prior to the 1940s was limited mainly to rubber plantations in Liberia and mining interests in Zambia and South Africa. The scope of investment widened rapidly in the 1960samounting to $1 billion in 1960, $2 billion in 1966, and $4 billion in 1972.4 (For estimates of US direct private investments, 1962-71, by region and country, see Table 9). The rapid growth in investment has increased Africa's share of the US direct foreign investment from 3% to 4.5%, as follows: End of Year Percent 1960 2.9 1962 3.3 1964 3.8 1966 3.8 1968 4.1 1970 4.5 1971 4.5 1972 preliminary 4.5 4 Book value. For discus3ion of the uncertainties that surround investment data, see the Appendix. 6 Approved For Release 19995& URE'G1 -RDP79S01091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL 14. About half of US direct investment in South Africa is in manu- facturing. Elsewhere in Africa, more than 80% is in extractive industries. Petroleum and other extractive industries accounted at the end of 1971 for $2.8 billion of the $3.8 billion of US direct investment. (For estimates of US private direct investment, by industry, since the end of 1960, see Table 10.) 15. US economic aid commitments to African countries in fiscal years 1962-72 totaled approximately $5 billion. About three-fourths of this amount has been drawn. Most was official development assistance, of which AID ac- counted for 45% and Food for Peace 38%. The balance consisted largely of Export-Import Bank long-term loans. Economic aid to Africa has been divided roughly half and half into loans and grants. Egypt, Morocco, Nigeria, Tunisia, and Zaire together have received more than half of US economic aid. Algeria, Ethiopia, Ghana, and Liberia have accounted for another 20%. (For details on US economic aid to Africa, see Table 11.) Military 16. In the same period, US military assistance to Africa totaled $350 million. Ethiopia received 40% of the military aid; Morocco, 28%; Zaire, 12%; Tunisia, 11%; and Libya, 4%. (For details on US military aid to Africa, see Table 12.) 17. Although most African commodities are not now critical to US needs, their importance clearly will increase. Africa supplies the United States with a growing share of its crude petroleum (8% in 1971 and 18% in 1972) and possesses a large proportion of world reserves of various nonferrous minerals.5 18. Because of the growing shortage of fuels, US industry will attach in- creasing importance to African petroleum and natural gas, as indicated by the recent major agreement for US imports of liquefied natural gas (LNG) from Algeria. In addition, the United States no doubt will have to depend on Africa for more chromite and the platinum group metals, which are found in unique con- centrations in southern Africa. Chromite (chrome ore) is used in the metallurgical, refractory, and chemical industries. South Africa and Rhodesia are the principal African suppliers, together accounting for 22% of US imports in 1972. The US automobile industry is seeking larger amounts of platinum from South Africa for emission control systems. 19. Other important African minerals include tantalite, used in electronics; petalite, used in the manufacture of special types of glass; crocidolite asbestos; and natural industrial diamonds. Again, these minerals are found primarily in 5 Minerals from Africa received in the United States via markets in Europe or after processing in Europe and other foreign areas are outside the scope of this handbook. CONFIDENTIAL 7 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL white-dominated southern Africa. Africa appears to provide no more than a small fraction of US imports of any of these commodities other than industrial diamonds, 29% of which were from Africa in 1972 (see Table 5). 20. Africa is expected to continue to supply the United States with appre- ciable amounts of manganese ore, beryllium, columbium, cobalt, antimony, and other nonferrous ores and metals; pyrethrum (used in insecticides); precious stones; and foodstuffs such as cocoa, tea, fish, vanilla, cloves, and nuts. Certain commodities, such as bauxite and copper, which are not now imported from Africa in large amounts, proba'Ay will be purchased in volume by US firms as world supplies tighten over the next few years. 21.. US manufactured goods find a ready acceptance in Africa. African countries that are benefiting from rising sales of petroleum and other raw materials constitute a growing market for US machine tools, transport equip- ment, construction equipment, consumer durables, and other industrial products. US oils and fats will be sold in increasing volume in northern African countries. 22. Continued growth of US private investment in Africa is to be expected, especially in petroleum and other extractive industries. US investment almost certainly will broaden into other fields, including manufacturing, as the growth of African exports permits rapid modernization in a few countries, particularly those with extensive oil resources. A number of the poorer African countries will continue to be torn by the wish to modernize rapidly and the desire to limit foreign influence in their economies. 8 CONFIDENTIA~. Approved For Release 1999/09/08: CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/0941gQP79S01091A000300050001-3 Table 1 United States: Imports from Africa, by Region and Country 1962 1964 1965 1966 1967 1968 1969 1970 1971 1972 Total Africa 1 725.4 922.1 870.2 970.9 897.9 1,115.0 1,040.5 1,103.5 1 1,231.0 0 102 1,584.3 2 257 Northern Tier 52.2 66.3 62.8 90.8 71.9 144.4 161.5 84. . 19 8 . 4 104 Algeria 5.3 5.3 5.3 3.0 3.1 5.3 2.3 9.5 . 1 19 . 16 9 Egypt 23.1 24.3 16.2 17.8 15.0 35.6 38.0 22.9 1 39 . 2 51 . 2 116 Libya 11.8 28.6 30.5 57.3 36.3 89.7 110.6 . . 9 6 . 11 4 Morocco 10.6 7.0 6.3 9.8 12.6 10.6 8.6 9.6 . 5 0 . 8 3 Tunisia 1.4 1.1 4.5 2.9 4.9 3.2 2.0 3.0 . 124 9 1 . 7 323 1 Sub-Saharan Africa 694.5 850.5 795.0 875.0 817.2 978.3 875.7 1,019.5 . , 400 9 . , 0 458 Southern White Redoubt 319.1 321.1 290.8 322.9 310.9 352.1 317.9 374.4 . . South Africa (including four others in customs union) 251.6 243.5 225.1 250.5 228.3 255.7 247.3 288.4 287.8 12 3 330.4 2 115 Portuguese areas 45.1 64.3 55.7 63.0 76.0 94.8 70.5 85.9 . 1 2 . 6 89 Angola 38.7 55.5 48.3 53.2 62.6 76.8 54.4 68.2 90. 1 . 6 25 Mozambique 6.4 8.8 7.4 9.8 13.4 18.0 16.1 17.7 22. 0 8 . 4 12 Rhodesia 22.42 13.3 10.0 9.4 6.6 1.6 0.1 0.1 . 399 5 . 527 5 West Africa 195.1 250.3 238.0 256.1 224.7 274.6 280.3 328.3 . 4 87 . 8 96 Francophone 32.4 69.4 50.2 69.8 52.1 86.6 58.0 99.7 . 82 8 . 8 91 Ivory Coast 30.2 64.0 45.9 65.2 48.1 79.1 53.6 92.2 . 4 6 . 0 5 Others3 2.2 5.4 4.3 4.6 4.0 7.5 4.4 7.5 . 8 9 . 374 5 Anglophone 122.1 123.7 123.1 112.2 111.3 122.9 155.8 170.0 . 25 6 1 05 . 79 6 Ghana 64.5 77.8 58.8 46.4 57.3 78.2 68.5 90.7 . . 2 . 9 270 Nigeria 47.7 35.2 58.8 51.7 43.7 36.3 70.8 71.3 130. 1 3 . 24 0 Sierra Leone 9.9 10.7 5.4 14.1 10.3 8.4 16.5 8.0 2 . l N . l N Gambia .... Negl. 0.1 Negl. Negl. Negl. Negl. Negl. . eg 0 . eg 5 52 Liberia 31.3 48.4 50.7 58.9 52.3 51.1 60.3 50.9 49. 2 4 . 7 3 Others4 9.3 8.8 14.0 15.2 9.0 14.0 6.2 7.7 . 4 108 . 3 117 Equatorial Africa 70.7 102.3 94.4 11.9.1 106.8 123.9 104.5 105.7 . 6 42 . 8 44 Francophone 1.9.6 29.0 38.1 57.3 49.8 62.1 50.7 43.4 . 8 19 . 8 23 Cameroon 6.8 10.6 13.2 27.7 22.0 23.7 16.1 25.3 . 0 . 1 11 Gabon 2.4 7.1 10.9 12.5 11.8 14.4 11.7 8.9 12. 10 8 . 9 9 Others5 10.4 11.3 14.0 17.1 16.0 24.0 22.9 9.2 . . 9 42 Zaire 48.1 48.8 38.3 44.9 40.1 42.0 36.4 40.6 43.3 22 5 . 29 6 Others6 3.0 24.5 18.0 16.9 16.9 19.8 17.4 21.7 . 2 171 . 174 0 East Africa 90.9 156.9 140.0 151.2 151.0 186.4 138.4 177.2 . 3 95 . 2 100 Anglophone 56.4 97.3 69.2 97.2 83.1 130.4 81.1 96.0 . 6 25 . 1 27 Kenya 15.1. 24.3 13.1 21.5 13.7 19.7 15.6 22.8 . 7 . 1 21 Tanzania 12.2 14.1 1.1.1 16.9 14.5 24.6 20.3 23.8 19. . 1 49 Uganda 29.1 46.4 42.7 57.3 44.2 51.7 42.2 47.5 43.2 8 6 . 9 2 Zambia ....2 12.5 2.3 1.5 10.7 34.4 3.0 1.9 . 61 0 . 8 57 Ethiopia 29.5 53.2 63.6 45.2 51.1 46.4 44.5 67.3 . 11 5 . 2 12 Sudan 4.3 6.0 6.6 6.3 14.7 7.1 8.7 1.1.8 . 3 4 . 8 3 Others7 0.72 0.4 0.6 2.5 2.1 2.5 4.1 2.1 . 44 9 . 9 46 Indian Ocean Islands 18.7 19.9 31.8 25.7 23.8 41.3 34.6 33.9 . 6 9 . 0 37 Malagasy Republic 15.8 18.2 29.1 22.5 22.6 37.4 27.8 31.7 3 . 5 3 . 9 9 Mauritius 2.9 1.7 2.7 3.2 1.2 3.9 6.8 2.2 . 4 1 . 4 3 Errors and omissions - 21.3 5.3 12.4 5.1 8.8 --7.7 3.3 -- 0.1 . . 1 The value of US imports-f.o.b.-exceeds that shown elsewhere in this handbook for recent years because of a broader geographical definition of Africa that includes a few islands other than the Malagasy Republic and Mauritius. 2 The Rhodesian figure for 1962 includes values for Zambia and Malawi, which are believed to be small. 3 Dahomey, Mali, Mauritania, Niger, Senegal, Togo, and Upper Volta. 4 Guinea, Portuguese Guinea, and Spanish Sahara. 5 Central African Republic, Chad, and Congo. 6 Burundi, Equatorial Guinea, and Rwanda. 7 Malawi and Somalia. pp NTIAL 9 Approved For Release 1999/09/0j9& : ADP79S01091A000300050001-3 Approved For Release I 9991,@"Ik~ PIA RDP79S01091 A000300050001-3 Table 2 United States: Exports to Africa, by Region and Country 1962 1964 196. 1966 1967 1968 1969 1970 1971 1972 Total Africa 1 968.3 1,201.8 1,204.6 1,299.2 1,142.1 1,250.5 1,370.1 1,556.4 1 669 8 1 538 4 Northern Tier 426.7 449.3 341.1 412.5 285.2 334.4 369.7 385.2 , . 366 6 , . 371 3 Algeria 49.9 53.0 20.5 66.7 32.7 52.8 63.8 61.8 . 82.2 . 97 7 Egypt 234.4 267.9 158.0 189.3 66.2 48.5 67.2 80.6 62 9 . 76 1 Libya 43.9 58.9 63.7 57.7 85.1 114.9 134.1 104.4 . 77 7 . 85 1 Morocco 52.6 37.4 55.3 55.6 49.1 69.7 52.8 89.1 . 102 1 . 57 8 Tunisia 45.9 32.1 43.6 43.2 52.1 48.5 51.8 49.3 . 41 7 . 54 6 Sub-Saharan Africa 542.7 754.5 866.9 893.6 859.7 916.2 1,000.6 1 171.8 . 1 300 8 . 1 163 7 Southern White Redoubt 256.0 423.1 482.7 439.2 475.6 510.9 566.5 , 628.2 , . 684 7 , . 645 5 South Africa (in- cluding four others in cus- toms union) 222.6 392.7 437 8 400.5 426.9 456.9 507.5 568.0 . 627 2 . 603 0 Portuguese areas 19.0 18.3 22 1 31.2 44.9 52.0 58.5 59.7 . 56 8 . 41 8 Angola 11.4 11.2 13 3 17.2 35.4 36.8 32.0 38.1 . .35 7 . 26 0 Mozambique 7.6 7.1 8 8 14.0 9.5 15.2 26.5 21.6 . 21 1 . 15 8 Rhodesia 14.42 12.1 22 8 7.5 3.8 2.0 0.5 0.5 . 0 7 . 7 0 West Africa 1.44.3 180.9 198.2 259.5 204.1 200.1 255.0 312.1 . 344 1 . 278 9 Francophone 24.1 36.8 27.6 40.8 32.2 32.0 49.4 59.8 . 56 9 . 59 5 Ivory Coast 7.8 19,0 11.0 23.2 13.2 12.4 19.9 36.3 . 21 6 . 22 3 Others 3 16.3 17.8 16.6 17.6 19.0 19.6 29.5 23.5 . 35 3 . 37 2 Anglophone 59.5 94.9 126.2 161.4 113.5 119.9 143.3 196.3 . 230 6 . 165 4 Ghana 22.8 25.0 36.3 52.6 42.9 56.0 62. 1 58.9 . 54 8 . 43 6 Nigeria 33.3 04.2 74.3 103.0 63.4 56.2 72.3 128.7 . 168 4 . 114 5 Sierra Leone 3.1 4.6 14.0 5.2 6.8 7.0 8.1 8.3 . 6 2 . 6 5 Gambia 0.3 1.1 1.6 0.6 0.4 0.7 0.8 0.4 . 1 2 . 0 8 Liberia 51.0 35.3 39.3 38.1 48.4 38.4 43.9 46.3 . 42 7 . 41 2 Others a 9.7 13.9 5.1 19.2 10.0 9.8 18.4 9.7 . 13 9 . 12 8 Equatorial Africa 79.6 81.8 90.1 82.1 68.7 73.6 73.6 97.7 . 124 6 . 100 5 Francophone 8.8 12.6 14.) 15.0 17.8 19.5 26.7 30.7 . 35 2 . 57 3 Cameroon 4.3 5.8 7.>, 6.1 9.8 10.2 13.7 18.9 . 14 4 . 37 0 Gabon 2.1 4.8 5.:: 5.0 4.3 4.3 7,9 6.6 . 6 1 . 13 4 Others 5 2.4 2.0 2.5 3.9 3.7 5.0 5.1 5.2 . 14 7 . 6 9 Zaire 68.8 65.8 70. 56.9 47.8 50.7 43.8 62.0 . 84 2 . 37 3 Others s 2.0 3.4 5.4 10.2 3.1 3.4 3.1 5.0 . 5 2 . 5 9 East Africa 58.9 62.8 90.4 107.6 106.3 124.5 92.5 121 9 . 135 8 . 123 4 Anglophone 18.2 32.8 50.11, 74.3 70.4 65.6 58.9 . 80.9 . 98 8 . 74 8 Kenya 14.8 13.9 23.h 27.9 19.5 19.8 1.9.1 34.3 . 40 5 . 25 6 Tanzania 2.4 6.0 6.9 8.2 9.3 12.9 10.2 11.6 . 13 3 . 11 9 Uganda 1.0 1.6 2.1 2.0 3.9 3.4 3.3 4.2 . 6 7 . 2 9 Zambia 11.3 18.E 36.2 37.7 29.5 26.3 30.8 . 38 3 . 34 4 Ethiopia 23.2 12.5 21.( 15.6 14.8 46.3 21.5 25.7 . 26 1 . 24 1 Sudan 12.9 15.5 14.E 13.8 15.7 6.2 7.0 6.9 . 6 1 . 18 2 Others 7 I d 4.6 2.0 4., 3.9 5.4 6.4 5.1 8.4 . 4.8 . 6 3 n ian Ocean Islands M l 3.9 5.9 5.1' 5.2 5.0 7.1 13.0 11.9 11.6 . 15 4 a agasy Republic 2.8 4.0 3.9 4.2 3.4 6.0 11.9 7.0 '41.8 . 11.5 Mauritius 1.1 1.9 1.3 1.0 1.6 1.1 1.1 4.9 3.8 3.9 Errors and omissions -1 .1 -2.0 --3.4 --6.9 --2.8 -0.1 -0.2 -0.6 2.4 3.4 I The value of US exports-f.o.b.-exceeds that shown elsewhere in this handbook for recent years definition of Africa that includes a few islands other than the Malagasy Republic and Mauritius. 2 The Rhodesian figure for 1962 includes values for Zambia and Malawi, which are believed to 3 Dahomey, Mali, Mauritania, Niger, Senegal, Togo, and Upper Volta. 4 Guinea, Portuguese Guinea, and Spanish Sahara. 5 Central African Republic, Chad, and Congo. 6 Burundi, Equatorial Guinea, and Rwanda. 7 Malawi and Somalia. 10 Approved For Release 1~VYf6~~N A'blA-RDP79S01091 A000300050001-3 Approved For Release 1999/09/08& 4 7L9SO1091A000300050001-3 Africa's Percentage Share of Million US$ US Imports Total 1,580.7 2.8 Food, beverages, and tobacco 563.3 7.6 Of which: Coffee 326.5 25.6 Cocoa 90.0 44.0 Fish and products 58.2 4.8 Sugar and products 27.1 2.9 Nuts (coconuts, Brazil, and cashew) 20.1 22.0 Tea 17.8 20.3 Vanilla 9.1 87.5 Beverages and tobacco 5.1 0.5 Vegetables 4.9 1.0 Cloves 3.3 80.2 Crude inedible materials 167.9 4.4 Of which: Crude rubber 28.6 11.3 Iron ore and concentrates 24.4 5.9 Manganese ore and concentrates 22.1 64.4 Industrial diamonds 11.4 29.4 Textile fibers (including wool, cotton, and sisal) 10.5 5.3 Pulp and waste paper 8.2 1.6 Plants, seeds, and flowers (including pyrethrum) 8.1 33.4 Hides and skins 6.6 5.7 Chrome ore and concentrates 6.4 23.0 Wood and lumber 5.5 0.5 Asbestos (including crocidolite) 3.6 4.1 Mineral fuels and lubricants 490.6 10.2 Of which: Crude petroleum 475.9 18.3 Oils and fats 10.0 5.6 Chemicals 15.1 0.8 Of which: Radioactive materials 4.4 4.0 Manufacturing goods, by materials 303.9 2.7 Of which: Nonindustrial diamonds (stones) 133.3 20.9 Iron and steel (mostly ferromanganese, ferrochrome, and other ferroalloys) 43.0 1.5 Copper 25.3 4.9 Aluminum 19.5 5.3 Textile yarns and fabrics 18.7 1.2 Silver and platinum group metals 18.3 10.3 Nickel 11.8 3.4 Zinc 6.9 3.7 Lead 2.7 4.2 Wood manufactures (nonfurniture) 3.7 0.6 Paper and manufactures 3.1 0.2 Machinery, equipment, and miscellaneous manufactures 7.5 Negl. Unclassified 22.4 1.4 Approved For Release 1999/09/08C-?R 9SO1091A000300050001-3 11 Approved For Release 199940 /08;T1C[A-RDP79S01091A000300050001-3 United States: Principal Imports from Africa, 1972 Crude petroleum 476 Coffee 326 Nonindustrial diamonds (stones) 133 Cocoa 90 Fish and products 58 Iron and steel (mostly ferron.anganese, ferrochrome, and other ferroalloys) 43 Crude rubber 29 Sugar and products 27 Copper (brass and bronze) 25 Nuts and vegetables 25 Iron ore and concentrates 24 'Manganese ore and concentrates 22 Aluminum 20 Textile yarns and fabrics 19 Tea 18 Silver and platinum group metals 18 12 Approved For Release 199 RICB'tTl3IA-RDP79S01091A000300050001-3 Approved For Release 1999/09/08C&1t ARF12S01091A000300050001-3 United States: Imports for Which Africa is an Appreciable Source, 1972 Million US$ Africa's Percentage Share of US Imports Vanilla 9 88 Cloves 3 80 Manganese ore and concentrates 22 64 Beryllium, columbium, and other ores of non- ferrous base metals 7 50 Cocoa 90 44 Plants, seeds, and flowers (including pyrethrum) 8 33 Industrial diamonds 11 29 Cotton fibers 4 27 Coffee 326 26 Chrome ore and concentrates 6 23 Cobalt, antimony, and other nonferrous base metals 15 22 Nuts (coconuts, Brazil, and cashew) 20 22 Nonindustrial diamonds (stones) 133 21 Tea 18 20 Crude petroleum 476 18 Sisal and other agaves 1 15 Crude rubber 29 11 Silver and platinum group metals 18 10 Iron ore and concentrates 24 6 Hides and skins 7 6 Oils and fats 10 6 Approved For Release 1999/09/01?'?MIQEN 79S01091A000300050001-3 13 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL United States: Exports to Africa, by Major Product, 1972 Total Food, beverages, and tobac(,o Crude inedible materials Of which: Textiles fibers Pulp and waste paper Crude rubber Mineral fuels and lubricant,; Of which: Petroleum products Oils and fats Chemicals Manufacturing goods, by materials Of which: Textile yarn and fabrics Iron and steel manufactures Machinery and transport equipment Nonelectrical machinery Electrical machinery Transport equipment Miscellaneous manufactures Unclassified Special category (military Supplies) Africa's Percentage Share of Million US$ US Exports 1 ,535.0 3.1 195.8 2.9 52.6 1.0 29.2 3.9 9.0 2.3 4.2 2.4 21.8 1.3 21.7 4.9 82.9 16.2 103.7 2.5 147.5 2.9 32.4 4.1 28.6 3.4 807.1 3.7 404.1 4.2 84.0 2.2 319.0 3.9 80.3 2.4 29.4 1.9 13.9 N. A. 14 Approved For Release 199=91MINU4A-RDP79S01091A000300050001-3 Approved For Release 1999/09/08cCPAp PAT9SO1091A000300050001-3 United States: Principal Exports to Africa, 1972 Machinery 488 Transport equipment 319 Food, beverages, and tobacco 196 Chemicals 104 Oils and fats 83 Crude inedible materials (nonfuels) including fibers, crude rubber, and pulp 53 Manufactures (miscellaneous and other) 228 United States: Exports for Which Africa is an Appreciable Market, 1972 Million US$ Africa's Percentage Share in US Exports Oils and fats 83 16 Petroleum products 22 5 Machinery and transport equipment 807 4 Textile fibers 29 4 Approved For Release 1999/09/OiQ'Cl.RWB'079SO1091A000300050001-3 15 Approved For Release 1+pgtWpgpi~PIA-RDP79S01091A000300050001-3 Total 37,226 40,686 44,386 49,328 54,711 59,486 64,983 71,016 78,178 86,001 Africa 1,246 1,426 1,685 1,918 2,075 2,273 2,680 2,982 3,482 3,833 Northern Tier N.A. N.J'.. N.A. 613 604 701 944 1,057 1,276 1,313 Libya N.A. N.F.. 402 428 389 451 678 787 1,012 1,044 Algeria N.A. N.7.. N.A. 63 72 69 74 75 48 49 Morocco N.A. N.E.. N.A. 22 24 27 30 32 34 38 Egypt and Tunisia2 N.A. N.I.. N.A. 100 119 154 162 163 182 182 Sub-Saharan Africa N.A. N. 1,. N.A. 1,305 1,471 1,572 1,736 1,925 2,206 2,520 South Africa 357 411 467 529 600 666 692 755 868 964 Anglophone N.A. N.7.. N.A. 327 398 453 527 586 664 832 Ghana N.A. N.E.. N.A. 49 54 4.7 45 53 71 77 Nigeria, Sierra Leone, and Gambia N.A. N.I. N.A. 137 202 251 293 307 326 463 Kenya, Tanzania, and Uganda N.A. N.1- N.A. 36 30 34 44 47 59 62 Zambia, Malawi, and Rhodesia N.A. N.!.. N.A. 105 112 121 145 179 208 230 Francophone (excluding Guinea and Malagasy Republic) N.A. N.I. . N.A. 161 167 180 189 198 215 234 Zaire N.A. N.A. N.A. 19 19 19 23 23 32 49 Liberia 184 11,7 189 204 207 174 174 172 187 191 Others3 N.A. N.i,. N.A. 65 80 80 131 191 240 250 I Data are as of end of year and are for book values. For the countries other than Libya, South Africa, and Liberia, figures are subject to wide error. For a discussion of the weaknesses in investment data, see the Appendix. 2 Including Spanish Africa. 3 Including Ethiopia, Somalia, Sudan, the Portugues; territories, Guinea, Botswana, the Malagasy Republic, and all islands. Total Mining and Smelting Petroleum Manufacturing Other Million US$ Million US$ Percent Million US$ Percent Million US$ Percent Million US$ Percent 1960 925 247 26.7 407 44.0 118 12.8 153 16.5 1961 1,067 285 26.7 491 46.0 113 10.6 178 16.7 1962 1,246 307 24.7 627 50.3 141 11.3 171 13.7 1963 1,426 349 24.5 702 49.2 177 12.4 198 13.9 1964 1,685 358 21.2 883 52.4 227 13.5 217 12.9 1965 1,918 364 19.0 1,029 53.7 292 15.2 233 12.1 1966 2,075 368 17.7 1,104 53.2 333 16.1 270 13.0 1967 2,273 400 17.6 1,219 53.6 370 16.3 284 12.5 1968 2,680 395 14.8 1,565 58.4 403 15.0 317 11.8 1969 2,982 427 14.3 1,763 59.1 453 15.2 339 11.4 1970 3,482 454 13.0 3,086 59.9 538 15.5 404 11.6 1971 3,833 494 12.9 3,284 59.6 611 15.9 444 11.6 A.L Approved For Release 1 ?)btTl' IA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/081 CIA~p DPA79SO1091A000300050001-3 Total 661.1 630.4 448.5 421.0 370.5 360.4 324.1 330.5 279.0 359.1 462.7 Northern Tier 323.8 370.7 231.0 197.8 126.7 122.6 129.4 95.5 84.7 146.9 232.9 Algeria 9.6 69.5 45.3 15.1 19.4 13.2 .... 2.0 2.2 15.0 21.9 Egypt 200.5 156.6 95.5 97.6 27.6 12.6 .... .... .... .... 104.6 Libya 18.2 12.3 7.3 1.3 1.2 1.1 1.7 2.2 0.4 .... Negl. Morocco 48.3 67.1 39.0 33.6 57.7 40.7 73.5 44.6 36.4 77.5 57.6 Tunisia 47.2 65.2 43.9 50.2 20.8 55.0 54.2 46.7 45.7 54.4 48.8 Sub-Saharan Africa (including South Africa) 337.3 259.7 217.5 223.2 243.8 237.8 194.7 235.0 194.3 212.2 229.8 Southern White Redoubt 0.7 0.6 0.5 1.9 5.2 8.1 2.5 2.3 7.6 8.9 12.5 South Africa (including four others in customs union) Negl. 0.1 0.1 1.9 5.2 8. 1 2.5 2.3 7.6 8.9 12.5 Portuguese areas, consisting of Angola and Mozambique ???? .... .... .... .... .... .... .... Rhodesia 0.7 0.5 0.4 .... .... .... .... .... .... .... .... West Africa 167.7 116.9 127.0 120.7 85.5 97.2 121.9 176.3 121.9 113.2 111.9 Francophone 15.6 17.7 24.9 13.0 21.2 19.3 41.8 19.7 26.4 20.2 35.0 Ivory Coast 2.5 5.0 8.9 4.8 5.7 1.4 32.4 8.0 16.8 2.1 21.6 Others2 13.1 12.7 16.0 8.2 15.5 17.9 9.4 11.7 9.6 18.1 13.4 Anglophone 129.8 37.1 68.9 44.7 45.3 66.4 67.1 121.9 86.3 69.5 58.9 Ghana 102.2 3.0 4.0 2.9 9.4 35.3 37.4 29.9 31.2 22.1 15.1 Nigeria 25.0 30.1 51.0 36.1 30.2 26.8 25.7 87.1 52.4 41.4 39.8 Sierra Leone 2.6 4.0 13.9 5.6 5.5 3.9 3.8 4.2 2.4 4.7 3.5 Gambia Negl. Negl. Negl. 0.1 0.2 0.4 0.2 0.7 0.3 1.3 0.5 Liberia 11.9 46.2 16.4 42.2 11.7 10.2 8.5 13.0 8.0 11.0 17.3 Others3 10.4 15.9 16.8 20.8 7.3 1.3 4.5 21.7 1.2 12.5 0.7 Equatorial Africa 102.6 80.0 49.9 37.6 44.0 47.1 30.4 1.3.6 17.6 35.9 21.7 Francophone 15.2 5.4 8.8 10.4 5.4 5.8 2.7 4.8 2.3 5.7 14.6 Cameroon 13.1 1.6 2.5 6.2 2.3 1.6 0.8 3.8 0.6 2.5 11.4 Gabon 0.4 1.3 1.7 1.5 1.1 1.2 0.6 Negl. 0.1 Negl. 0.1 Others' 1.7 2.5 4.6 2.7 2.0 3.0 1.3 1.0 1.6 3.2 3.1 Zaire 83.7 73.4 39.3 25.5 35.3 40.4 27.0 8.4 13.1 29.1 5.9 Others,' 3.7 1.2 1.8 1.7 3.3 0.9 0.7 0.4 2.2 1.1 1.2 East Africa 65.6 61.1 38.6 58.2 107.3 82.5 38.8 42.0 43.1 51.6 82.2 Anglophone 26.3 25.2 16.6 19.4 31.4 24.5 14.9 15.2 20.5 27.2 37.5 Kenya 9.7 5.6 3.8 9.2 19.5 4.5 5.0 3.9 12.3 13.8 5.2 Tanzania 12.0 12.1 9.2 6.7 6.9 6.7 6.1 3.6 4.8 5.7 3.1 Uganda 4.2 7.0 2.8 2.5 4.0 7.2 2.6 5.6 3.2 3.4 5.7 Zambia 0.4 0.5 0.8 1.0 1.0 6.1 1.2 2.1 0.2 4.3 23.5 + Ethiopia 9.2 14.7 9.2 21.3 51.5 19.0 9.3 20.8 18.9 23.4 33.0 Sudan 13.2 11.3 6.6 6.2 15.4 20.0 0.3 0.3 Negl. 0.1 8.0 Others6 16.9 9.9 6.2 11.3 9.0 19.0 14.3 5.7 3.7 0.9 3.7 Indian Ocean Islands 0.7 1.1 1.5 4.8 1.8 2.9 1.1 0.8 4.1 2.6 1.5 Malagasy Republic 0.7 1.0 1.4 4.7 1.7 2.8 0.3 0.7 1.2 0.6 0.4 Mauritius Negl. 0.1 0.1 0.1 0.1 0.1 0.8 0.1 2.9 2.0 1.1 I Data are by fiscal year and include loans and grants. 2 Dahomey, Mali, Mauritania, Niger, Senegal, Togo, and Upper Volta. 3 Guinea, Portuguese Guinea, and Spanish Sahara. ' Central African Republic, Chad, and Congo. 5 Burundi, Equatorial Guinea, and Rwanda. 6 Malawi and Somalia. Approved For Release I 999/09/084 I44PRIIYF 9S01091A000300050001-3 17 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL 196.2 1963 1964 1965 1966 1.967 1968 1969 1970 1971 1972 Total 36,7 33.2 17.7 30.9 26.2 46.2 19.3 29.8 16.7 47.2 36.1 Northern Tier 12.5 19.4 4.5 13.2 7.1 24.1 5.1 15.2 3.8 21.1 19.9 Algeria .... .... .... .... .... Egypt Libya 2.2 1.3 1.9 2.0 2.2 [.8 1.0 0.4 0.1 .... .... Morocco 5.7 10.3 2.2 10.9 4.3 17.2 1.7 11.5 0.8 15.8 15.9 Tunisia 4.6 7.8 0.4 0.3 0.6 5.1 2.4 3.3 2.9 5.3 4.0 Sub-Saharan Africa 24.2 19.8 13.2 17.7 19.1 22.1 14.2 14.6 12.9 26.1 16.2 Southern White Redoubt South Africa (including four others in customs union) Portuguese area, consisting of Angola and Mozambique .... .... .... .... Rhodesia West Africa 2.4 3.7 1.2 2.8 1.9 ... 1.1 0.7 0.5 0.5 0.7 2.9 Francophone 1.7 2.2 0.2 0.6 0.9 0.1 .... Negl. Negl. Negl. 0.5 Ivory (,east 0.1 .... .... .... .... .... .... .... .... .... .... Others 2 1.6 2.2 0.2 0.6 0.9 0.1 .... Negl. Negl. Negl. 0.5 Anglophone Negl. 1 egl. 0.6 0.3 0.3 0.2 Negl. Negl. Negl. 0.2 0.1 Ghana Negl. b egl. .... ... .... Negl. Negl. Negl. Negl. Negl. Nigeria Negl. D egl. 0.6 0.3 0.3 0.2 Negl. Negl. Negl. 0.2 0.1 Sierra Leone .... .... .... .... .... .. Gambia 1 1 ... 0.6 0.8 0.7 0.5 0.5 0.5 2.3 Liberia . 0 8 1 0 .... .... .... .... .... .... Others3 Equatorial Africa . 5.9 . 2.9 3.4 2.1 2.4 1.7 13.6 2.4 Francophone, consisting of Cameroon, and others' Gabon 0.2 .... .... .... .... .... .... .... .... , Zaire 1.1 1.1 4.9 5.9 2.9 3.4 2.1 2.4 1.7 13.6 2.4 .... .... .... .... ... Others 5 East Africa 20.5 15.0 7.1 9.0 14.3 17.6 11.4 11.7 10.7 11.8 10.9 Anglophone, consisting of Kenya, Uganda, and Zambia Tanzania ... .... .... .... .... , Ethiopia 20.5 15.0 7.1 8.7 14.2 16.0 11.4 11.7 10.7 11.8 10.9 Sudan Negl. Negl. Negl. 0.3 0.1 1.6 .... .... .... Others 6 .... Negl. Indian Ocean Islands Malagasy Republic .... Negl. Mauritius I Data are for fiscal years and include loans and grants. 2 Dahomey, Mali, Mauritania, Niger, Senegal, Togo, and Upper Volta. 3 Guinea, Portuguese Guinea, and Spanish Sahara. ' Central African Republic, Chad, and Congo. 5 Burundi, Equatorial Guinea, and Rwanda. 6 Malawi and Somalia. 18 Approved For Release 19 IfO8NTaIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09108 : CIA-RDP79S01091A0003000500014ONFIDENTIAL Table 13 Africa: Basic Economic Data, by Country Population Latest Estimate Gross Domestic Product Trade Year Area (Thousand Growth Million US$ of Square Rate Million Independence Miles) Million (Percent) Year US$ Major Sector Percent Second Sector Percent Year Exports Imports Northern Tier Algeria 1962 950 15.7 3.1 1971 5,000 Trade and finance 22 Public administration 19 1971 925 1,306 Egypt 1953 386 35.6 2.4 1971 6,000 Agriculture 29 and defense Service, including 28 1971 823 1,219 Libya 1951 679 2.2 3.7 1970 2,900 Mining 54 government Public administration 11 1971 2,807 819 Morocco 1965 158 16.3 2.9 1970 2,700' Agriculture 28 and defense Trade and finance 19 1971 499 698 Tunisia 1956 63 5.5 2.2 1971 1 ,200' Public administration 17 Agriculture 16 1971 216 343 Suh-Saharan Africa Southern White Redoubt and defense 2 311 4 039 South Africa (including South-West Africa) 1910 790 24.4 3.2 1972 21,900 Manufacturing 22 Trade and finance 18 1971 , , Portuguese areas Angola Territory 481 5.9 1.6 1970 1,200 N.A. N.A. 1971 433 445 Mozambique Territory 304 8.7 2.2 1970 1,300 N.A. N.A. 1971 169 354 Rhodesia 1965 (unilateral) 151 5.9 3.5 1971 1,628 Manufacturing 23 Service, including 23 1971 420 418 Former British High Commission Territories Botswana 1966 220 0.6 3.1 1968 59 Agriculture 47 government Service, including 14 1969 18 43 Lesotho 1966 12 1.0 1.9 1968 902 Agriculture 65 government Service, including 21 1970 5 32 Swaziland 1968 7 0.5 3.2 1968 75 Agriculture 36 government Service, including 35 1970 70 60 West Africa Francophone Dahomey 1960 45 3.0 2.8 1971 230 Agriculture 46 government Trade and finance 19 1971 42 76 Ivory Coast 1960 125 5.1 3.3 1971 l ,580 Agriculture 34 Trade and finance 23 1971 456 399 Mali 1960 465 5.4 2.4 1971 280 Agriculture 54 Trade and finance 15 1971 38 49 Mauritania 1960 419 1.2 2.3 1968 170 Agriculture 38 Mining 27 1969 74 42 Niger 1960 489 4.4 2.7 1969 372 Agriculture 62 N.A. 1969 22 45 Senegal 1960 76 4.1 2.2 1971 746 Trade and finance 34 Agriculture 33 1971 125 218 Togo 1960 22 2.1 2.6 1971 290 Agriculture 45 Trade and finance 18 1971 49 70 Upper Volta 1960 106 5.7 2.0 1971 325 Agriculture 58 Service, including 40 1971 17 55 Anglophone Ghana 1957 92 9.3 2.7 1970 2,500 Agriculture 42 government Manufacturing 13 1971 381 469 Nigeria 1960 357 59.6 2.7 Mar 1972 6,800 Agriculture 563 Trade and finance 123 1971 1,793 1,510 Sierra Leone 1961 28 2.7 1.5 mid-1970 425 Agriculture 31 Mining 19 1971 107 122 Gambia 1965 4 0.4 2.2 1971 46 N.A. N.A. 1970 16 17 Guinea 1958 95 4.1 2.6 1965 275 Agriculture 54 Public administration 13 Sep 1970- 51 80 and defense Sep 1971 Liberia 1847 43 1.7 3.3 1971 440 Mining 28 Agriculture 25 1971 224 162 Portuguese Guinea Territory 14 0.5 0.2 1969 1074 N.A. N.A. 1969 4 23 Spanish Sahara Territory 103 0.1 N.A. N.A. N.A. N.A. 1968 Negl. 1 Equatorial Africa Francophone Cameroon 1960 183 6.1 1.7 1971 1,195 Agriculture 37 Trade and finance 22 1971 206 250 Central African Republic 1960 242 1.7 2.2 1971 213 Agriculture 49 N.A. 1970 33 41 Chad 1960 496 3.9 2.0 1967 241 Agriculture 54 Trade and finance 20 1970-71 28 62 Congo 1960 135 1.0 2.0 1967 228 Transportation and 34 Public administration 25 1968 60 86 Gabon 1960 102 0.5 1.7 1971 378 communications Agriculture 23 and defense Mining 18 1970 189 105 Burundi 1962 11 3.8 2.0 1971 205 Agriculture 60 Service, including 11 1970 21 26 Equatorial Guinea 1968 11 0.3 1.8 1968 40 N.A. government N.A. 1970 25 21 Rwanda 1962 10 4.1 3.1 1970 195 Agriculture 69 Manufacturing 14 1971 24 36 Zaire 1960 905 23.5 4.2 1971 2,100 Agriculture 22 Public administration 18 1971 798 626 East Africa Anglophone Kenya 1963 225 12.5 3.8 1971 1,4405 Agriculture 36 and defense Trade and finance 15 1971 300 560 Tanzania 1961 363 14.4 2.7 1971 1,140' Agriculture 54 Trade and finance 14 1971 281 382 Uganda 1962 91 10.8 3.2 1970 1,015 Agriculture 58 Trade and finance 10 1971 259 250 Zambia 1964 288 4.7 2.4 1970 1,700 Mining 37 Trade and finance 13 1971 679 554 Ethiopia Time immemorial 455 26.5 2.5 1970 1,630 Agriculture 64 Trade and finance 8 1971 136 204 Malawi 1964 37 4.8 2.5 1971 362 Agriculture 51 Trade and finance 16 1971 76 94 Somalia 1960 246 3.0 2.3 1968 137 N.A. N.A. 1971 39 58 Sudan 1956 967 16.9 2.5 1969 1,600 Agriculture 54 Trade and finance 15 1971 313 316 Indian Ocean Islands Malagasy Republic 1960 230 7.2 2.3 1970 890 Agriculture 32 Public administration 20 1971 147 214 Mauritius 1968 1 0.9 1.4 1970 161 Services, including 28 and defense Agriculture 24 1970 69 76 government r At 1966 prices. 2 GNP. s Does not reflect the sharp rise in the significance of petroleum extraction. 4 At 1963 prices. 5 At 1964 prices. CONFIDENTIAL 19 Approved For Release 1999/09108 : CIA-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08c: & FAT9SO1091A000300050001-3 Introduction to Country Data Sheets US economic relations with 23 individual African nations are highlighted in the country data sheets that follow. The 23 countries accounted for 95% of African trade with the United States in 1971 and 1.972.1 Twenty-one other African countries accounted for the remaining 5%. Trade data presented in the country sheets were extracted from the follow- ing sources: the trade data for 1971 for individual African countries were pro- vided either by the countries themselves or by the International Monetary Fund; the data on US trade with African countries in 1972 were derived from US Government statistics. Because of the general inadequacy of economic statistics on Africa and because of the well-known difficulties with trade nomenclature, trade statistics from different sources often vary. Investment data are subject to wide discrepancies as explained in the Appendix. Data on total foreign private investment are those compiled by the Development Assistance Committee (DAC) of the OECD, when available. Data on US private investment are from the US Department of Commerce, State Department, and commercial information. Data on US official economic assistance come from the Agency for International Development (AID). 1 In the data sheet for South Africa, the trade figures include data for South- West Africa and for three small countries within the South African customs union-Botswana, Lesotho, and Swaziland. Approved For Release I 999/09/08: i RV~t9SO1091A000300050001-3 Approved For Release 19~8(pp TI1IA-RDP79S01091A000300050001-3 ALGERIA POPULATION MID-1973: 15,688,000 GROSS DOMESTIC PRODUCT 1971: Total: $5.0 billion Per Capita: $350 By Sector of Origin: Trade and finance, 22%; public administration and defense, 19%; agriculture, 17%; mining, 17%; manufacturing, 8%; transportation, communications, and utilities, 5%; construction, 4%; other, 8 %. 1971 Exports: $925 million Exports to the United States Percent Million 'UUS$ Percent of total US im- ports of the commodity All Commodities 104 0.2 By Commodity By Customer Petroleum 102 2.1 Petroleum 75 West Germany 24 Agricultural France 24 products 12 Italy 8 Industrial USSR 7 equipment 5 Benelux 5 Raw Netherlands 4 materials 4 United Kingdom 4 Others 4 Brazil 4 UNITED STATES 2 Others 18 Imports: $1,306 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 98 0.2 By Commodity By Supplier Food 33 0.6 Nonelectric machinery 27 0.3 Industrial France 38 Transport equipment 21 0.3 equipment 37 West Germany 9 Oils and fats 4 0.8 Semi-finished Italy 9 Chemicals 3 0.1 goods 2.7 UNITED STATES 8 Cotton 2 0.5 Food 13 United Kingdom 5 Electrical machinery 2 0.1 Consumer USSR 4 Iron and steel 1 0.1 goods 12 Netherlands 3 Other manufactures 1 0.1 Raw materials 7 Spain 3 Fuels and Canada 3 lubricants 3 China 3 Agricultural Other 15 22 Approved For Release I 90R $NT '154-RDP79S01091A000300050001-3 Approved For Release 1999/09/08d.WA7L9S01091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $210 million i US PRIVATE INVESTMENT, 1971: $49 million BREAKDOWN OF US INVESTMENT 25X1X6 25X1X6 urrent direct US investment ($57 million) is confined primarily to the petroleum sector ($44 million). There are also minority holdings in manufacturing and other industrial facilities. NON-US FOREIGN INVESTMENT, 1971 - France: $924 million, almost exclusively in petroleum Great Britain: $8 million Italy: $4 million :$1 billion 25X1 X6 COMMENTS: In general, direct foreign investment is strongly discouraged. Petroleum is the exception, but Algeria insists on 51 % ownership of any venture. On the other hand, Algeria actively seeks private foreign firms to contract for the non-equity installation and operation of capital-intensive projects under the country's development plan. US Export-Import Bank loan disbursements should increase rapidly, as loans in excess of $400 million have been signed recently. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Million US$ Total FY1970 FY1971 FY1972 Total 213.3 2.2 15.0 21.9 Loans 48.4 .... 15.0 21.8 Grants 164.8 2.2 .... 0.1 I No rationalization of the large discrepancy between these estimates can be offered. Approved For Release 1999/09/0~q'dl~- 79S01091A000300050001-3 23 Approved For Release 19C8M%gATi,clA-RDP79SO1091AO00300050001-3 POPULATION MID-1973: 5,908,000 GROSS DOMESTIC PRODUCT 1970: Per Capita: $220 1971 Exports: $433 million Exports to the United States Percent Million US$ Percent of total US im- ports or the commodity All Commodities 90 0.2 By Commodity By Customer Coffee 69 5.4 Crude petroleum 12 0.5 Coffee 34 Portugal 33 Fish 3 0.3 Petroleum 15 UNITED STATES 20 Manganese ore 1 3.6 Diamonds 13 Japan 10 Unclassified 3 0.2 Fish 11 Netherlands 7 Cotton 6 Canada 5 Sugar 2 Spain 3 Sisal 2 Denmark 3 Corn 2 West Germany 3 Other 15 United Kingdom 2 Other 14 Imports: $445 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 26 0.1 By Commodity By Supplier Nonelectric machinery 10 0.1 Transport equipment 5 0.1 Machinery 22 Portugal 35 Miscellaneous Transport UNITED STATES 11 manufactures 3 0.1 equipment 16 West Germany 11. Food 2 Negl. Food and United Kingdom 9 Chemicals 2 Negl. tobacco 14 Japan 6 Electrical machinery 1 Negl. Textiles 12 France 5 Textile fibers 1 0.1 Metals and Italy 4 Beverages and tobacco 1 0.1 products 11 South Africa 4 Chemicals 9 Benelux 3 Mineral products 3 Netherlands 2 Plastics 3 Other 10 Other 10 24 Approved For Release I 99? ~gNb'' -RDP79S01091 A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $270 million BREAKDOWN OF US INVESTMENT: US investment is largely in exploration for oil and minerals and in their production. At least 25 US companies are active in Angola. Prominent among these are: Gulf (principal US investor; approximately $130 million) Texaco Exxon Corporation Union Carbide Mobil Standard Oil of California Diamond Prospecting Diversa, Inc. Diamond Distributors of New York Other Tenneco agreed in 1969 to develop deposits of sulfur; investment is to reach about $50 million. NON-US FOREIGN INVESTMENT: Larger than US investment, with Portugal the principal source. The United Kingdom has sub- stantial interests. COMMENTS: The government encourages foreign investment through exemptions from customs duties and certain taxes. Approved For Release 1999/09/08 : MER S01091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL Total: $1.2 billion Per Capita: $200 By Sector of Origin: Agriculture, 37%; trade and finance, 22%; public administration and defense, 13%; manu- facturing, 11%; transportation, communications, and utilities, 9%; construction, 4%; other, 4%. 1971 Exports: $206 million Exports to the United States Percent Million US$ Percent of total US im- ports of the commodity All Commodities 24 Ne l . g By Commodity By Customer Coffee 19 1.5 Tobacco and products 3 1.5 Cocoa and France 28 Fish 1 0.1 products 31 Netherlands 25 Cocoa 1 0.5 Coffee 26 West Germany 10 Aluminum and UNITED STATES 9 products 9 Africa 7 Wood 8 Japan 3 Cotton 4 United Kingdom 3 Rubber 2 Italy 2 Palm oil and Benelux 2 kernels 2 Other 11 Bananas 1 Peanuts Other 1 Imports: $250 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 37 0 1 . By Commodity By Supplier Transport equipment 25 0.3 Nonelectric machinery 3 Negl. Capital goods 27 France 50 Beverages and tobacco 2 0.2 Semi-finished West Germany 8 Iron and steel 1 0.1 goods 12 UNITED STATES 7 Miscellaneous Foods, beverages, Italy 5 manufactures 1 Negl. and tobacco 11 Africa 5 Oils and fats 1 0.2 Fuels and United Kingdom 4 lubricants 5 Benelux 3 Raw materials 5 Netherlands 3 Consumer goods 40 Japan 3 Other 12 26 Approved For Release 1 WWtPCIA-RDP79S01091 A000300050001-3 Approved For Release 1999/09/08 :CC14-15 iA9S01091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $195 million US PRIVATE INVESTMENT, 1971: About $14 million BREAKDOWN OF US INVESTMENT Million US$ Petroleum 11.3 Exploration 6.8 Marketing 4.5 Fishing 0.2 Banking 0.4-1.2 Other 0.6-1.4 Principal US investors: Gulf (exploration), Texaco, Mobil, and Exxon (marketing), Gorton's of Gloucester (fishing), Bankers' Trust and Morgan Guaranty Trust (banking). NON-US FOREIGN INVESTMENT: Estimate of distribution dating from at least 1971: Percent French 87 West German 5 Belgian 2 Swiss 2 Italian 1 Other 3 25X1X6 25X1X6 Investment opportunities include food processing, fertilizer, and forestry extractive operations. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Million US$ Total 46.4 0.6 2.5 11.4 Loans 27.8 .... 1.3 10.4 Grants 18.6 0.6 1.2 1.0 Approved For Release 1999/09/08 ~ML0tJS01091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL Total: $6.0 billion Per Capita: $180 By Sector of Origin: Agriculture, 29%; services, including government, 28%; industry and mining, 23%; trade and finance, 9%; transportation and communications, 6%; other, 5%. 1971 Exports: $823 million Exports to the United States Percent Million US$ Percent of total US im- ports of the commodity All Commodities 17 :Vegl. By Commodity By Customer Crude petroleum 7 0.3 Textile yarns and fabrics 6 0.4 Cotton 45 Eastern Europe and Cotton 2 14.5 Finished Cuba 61 products 27 Western Europe 14 Semi-finished Asia 14 products 14 The Americas 2 Raw material Africa 2 (other than Arab World 2 cotton) Fuels 8 Other 5 Imports: $1,219 million Imports from the United States All Commodities Million US$ 76 Percent of total US ex- ports of the commodity 0.2 By Commodity By Supplier Oils and fats 37 7.1 Machinery and trans- port equipment 14 0.1 Chemicals 6 0.2 Food 6 0.1 Miscellaneous manufactures 3 0.1 Iron and steel 2 0.3 Petroleum products 2 0.4 28 Approved For Release 1MNMWTItlA-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $88 million US PRIVATE INVESTMENT, 1971: $100 million-$170 million BREAKDOWN OF US INVESTMENT: Not available NON-US FOREIGN INVESTMENT: Not available COMMENTS: The Sadat regime officially reversed the antagonistic attitude toward private investment that characterized the Nasir government. The restrictive terms of Law No. 156 of 1953 have been substantially modified by Laws Nos. 1 and 65 of 1971. The 1971 legislation, designed to encourage foreign capital in- flow, provides foreign investors with tax relief, exemption from detailed regulation of operations, and pro- tection against expropriation of assets and profits. Investment is particularly encouraged in export industries and tourism and, secondarily, in import-substitution industries and activities that introduce new technology. Despite liberal terms, capital inflow has been slowed by the requirement to obtain ap- proval for projects from the slow-moving Egyptian Authority on Foreign Investment and Free Zones. Uncertainty about the course of the confrontation with Israel and the pending merger with Libya also has hampered investment. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Total Loans Grants Total FY1970 FY1971 FY1972 695.0 .... .... 104.6 550.5 .... .... 104.6 144.5 Approved For Release 1999/09/08 fiQROPk?9S01091A000300050001-3 29 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL POPULATION MID-1973: 26,541,000 GROSS DOMESTIC PRODUCT 1970: Total: $1.6 billion Per Capita: $60 By Sector of Origin: Agriculture, 64%; trade and finance, 8%; manufacturing, 7%; public administration and defense, 5%; construction, 3%; transportation, communications, and utilities, 3%; other, 10%. FOREIGN TRADE: 1971 Exports: $136 million Percent Exports to the United States Million Percent of total US im- By Commodity By Customer Coffee UNITED STATES 44 US$ All Commodities 58 ports of the commodity 0.1 Oil seeds and West Germany 8 Coffee 53 4.1 cakes 12 Saudi Arabia 6 Hides and skins 3 2.3 Hides and skins 8 French Territories 6 Chemicals 1 0.1 Pulses 7 Japan 6 Meat and live Italy 5 animals 4 France 2 Re-exports and United Kingdom 2 other 13 Other 21 Imports: $204 million Imports from the United States Percent Million Percent of total US ex- US$ ports of the commodity By Commodity By Supplier All Commodities 161 Negl. Machinery 19 Italy Transport Japan 16 15 Nonelectric machinery 6 0.1 equipment 12 West Germany 11 Transport equipment 4 Negl. Chemicals 11 United Kingdom 9 Electrical machinery 1 I Negl. N l Metals and goods 10 UNITED STATES 9 Chemicals . eg Petroleum Iran 7 Food 1 Negl. products Textiles and clothing 9 8 France Netherlands Other 3 3 27 Miscellaneous manufactures Electrical goods 6 Food 6 Rubber products 4 Paper and products 2 Other 13 1 Table 2 shows a total of $24.1 million for US exports to Ethiopia. The difference is the result of the inclusion of the value of military supplies in the larger total of US exports to Ethiopia, which is excluded from the distribution by commodity class. fication-according to US Government procedure for reporting "special category" shipments abroad. 30 Approved For Release I 999 T9MNT 1A-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $65 million 1 US PRIVATE INVESTMENT, 1971: About $25 million BREAKDOWN OF US INVESTMENT Major Industries Petroleum 20.5 Manufacturing 3.1 Transportation and utilities 0.1 Other 1.3 25X1X6 Principal US firms: Tenneco (petroleum exploration), Mobil (petroleum sales), NFC International (manufacturing), Crown Cork and Seal (manufacturing), Parsons and Whittemore (manufacturing). NON-US FOREIGN INVESTMENT, 1971 Italy 200 Netherlands 20 Japan 4 India 3 United Kingdom 2 France 2 25X1X6 COMMENTS: Non-US forei n investment is a very rough estimate, based largely on undetailed information from 25X1 X6 The Ethiopian government has no figures at all on foreign investment. Ethiopia maintains a liberal investment code and offers tax concessions and protection to foreign investment. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Total Loans Grants Total FY1970 FY1971 FY1972 230.3 18.9 23.4 33.0 128.8 10.6 14.9 26.7 101.4 8.3 8.5 6.3 1 No rationalization of the large discrepancy between these estimates can be offered. Approved For Release 1999/09/08 ~@ MFI JS01091A000300050001-3 31 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL POPULATION MID-1973: 525,000 GROSS DOMESTIC PRODUCT 1971: Total: $378 million Per Capita: $''60 By Sector of Origin: Agriculture, 23%; mining, 18%; trade and finance, 10%; transportation and communications, 10%; construction, 9%; manufacturing. 6%; other, 24%. 1970 Exports: $189 million Exports to the United States Million US$ Percent of total US im- ports of the commodity Percent All Commodities 11 Negl. By Commodity Petroleum 36 By Customer France 39 Manganese ore and concentrates Timber products 36 Netherlands 14 Manganese 20 Antilles 13 Other 8 UNITED STATES 11 Africa (non-UDEAC) 8 Other 15 Imports: $105 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 13 Negl. By Commodity By Supplier Transport equipment 6 0.1 Nonelectric machinery 5 0.1 Machinery 20 France 57 Motor vehicles Other EC (of Six) 17 and parts 18 UNITED STATES 11 Iron and steel 18 Africa 5 Consumer Other 10 manufactures 16 Foodstuffs, beverages, and tobacco 1.5 Other 13 32 Approved For Release 1989198JITIQ.IA-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 C64TWIX9S01091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $350 million 1 US PRIVATE INVESTMENT, 1972: $125 million BREAKDOWN OF US INVESTMENT Million US$ Petroleum 47 minimum Mining and smelting 77 Commerce N.A. 25X1X6 Major US investors: US Steel, Mobil, Gulf, Bethlehem Steel, Texaco, Union Carbide, First National City Bank, and Morgan Guaranty Trust 25X1 X6 NON-US FOREIGN INVESTMENT, 1971 French 403 United Kingdom 38 Netherlands 25 COMMENTS: The government's stated intent is to gain control of one-fourth of the capital of established foreign private enterprises through purchase of stock, as government finances permit. At the same time, the president encourages private enterprise, which he considers more efficient than state operations. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Total Loans Grants 8.0 0.1 Negl. 0.1 .... 8.0 0.1 Negl. 0.1 1 No rationalization of the large discrepancy between these estimates can be offered. Approved For Release I 999/09/085 W- 'T '9501091 A000300050001-3 33 Approved For Release 1 $UM ]APIA-RDP79SO1091A000300050001-3 Total: $2.5 billion Per Capita: $280 By Sector of Origin: Agriculture, 42%; manufacturing, 13%; trade and finance, 12%; public administration and defense, 7%; transportation, communications, and utilities, 5%; construction, 4%; mining, 2%; other, 15 %. Exports: $381 million Percent Exports to the United States Million Percent of total US im- US$ ports of the commodity By Commodity 1 By Customer All Commodities 80 0.2 Cocoa 67 United Kingdom 27 Cocoa 53 25.9 Wood 10 UNITED STATES 17 Aluminum 19 5.3 Gold S West Germany 10 Fish 2 0.1 Diamonds 3 Netherlands 10 Wood and lumber 2 0.2 Manganese ore 2 Japan 7 Manganese ore 1 3.6 Coffee USSR 5 Petroleum products 1 2NTeg1. Other 9 Yugoslavia 4 Other Europe 5 Canada 2 Australia 2 Other 11 orts from the United States Im p Imports: $469 million Percent Million Percent: of total US ex- US$ ports of the commodity All Commodities 44 0.1 By Commodity By Supplier Chemicals 10 0.2 Producers' goods United Kingdom 25 Nonelectric machinery 5 0.1 Materials 27 West Germany 13 Petroleum products 5 1.1 Equipment 27 Japan 9 Food 5 0.1 Durables 12 France 4 Textile fibers 5 0.6 Consumer goods Netherlands 3 Cotton 4 0.8 Foods and Italy 3 Electrical machinery 2 Negl. other non- Norway 2 Transport equipment 1 Neg1. durables 22 USSR 2 Iron and steel 1 0.1 Durables 6 UNITED STATES 2 Textile yarn 1 0.1 Fuels and Benelux 1 [Nonmetallic mineral lubricants 6 Canada 1 manufactures 1 1.2 Other 35 Beverages and tobacco 1 0.1 I Ghana does not report aluminum as an export, because its aluminum industry is treated as a foreign enclave. Purchasers of Ghanaian aluminum identify Ghana as the country of origin. 34 Approved For Release 19i~W6%9TH'` 'IA-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 ; %WR179?S01091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $345 million 1 US PRIVATE INVESTMENT, 1971: $77 million 1 25X1X6 Million US$ Petroleum 24.2 Exploration 16.0 Distribution 8.2 Manufacturing 4.7 Mining and smelting 155.0 Transportation and utilities 0.2 Commerce 0.9 Other (primarily agriculture) 5.0 Principal US investors: Kaiser Aluminum and Chemical (aluminum manufac- ture) 130.5 Reynolds Metals (aluminum manufacture) 25X1 X6 14.5 NON-US FOREIGN INVESTMENT, 1971 : $150 million minimum 1 Participating countries: United Kingdom (most important), France, West Germany, Switzerland, Italy, Canada, and Japan. COMMENTS: Ghana welcomes large inputs of foreign capital and technology in joint ventures with local citizens in essential industries. Through the Ghana Business Promotion Act it seeks to reserve small business for Ghanaians. Because agreement has not yet been reached between Ghana and its creditors on how payment of Ghana's huge foreign debt should be handled, potential foreign investors currently are very cautious. Remittances of profits from existing investments have been delayed by a lack of foreign exchange. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Total Loans Grants 292.2 31.2 22.1 15.1 242.7 23.8 16.0 9.5 49.5 7.3 6.0 5.6 1 No rationalization of the large discrepancy between these estimates can be offered. Approved For Release 1999/09/08 c IR S01091A000300050001-3 Approved For Release 1t9g9 RWIALCIA-RDP79S01091A000300050001-3 Total: $1.6 billion Per Capita: 5360 By Sector of Origin: Agriculture, 34%; trade and finance, 23%; transportation, communications, and utilities, 12%; public administration and defense, 1C %; manufacturing, 9%; construction, 6%; mining, 1%; other, 5 %. 1971 Exports: $456 million Exports to the United States Percent Million US$ Percent of total US im- ports of the commodity All Commodities 92 0.2 By Commodity By Customer Coffee 52 4.1 Cocoa 24 11.9 Foods, beverages, France 33 Fish 10 0.8 and tobacco 64: UNITED STATES 17 Wood 2 0.2 Agricultural Netherlands 9 Wood manufactures 2 Negl. products 30 West Germany 9 Petroleum products 1 Negl. Manufactured Italy 8 goods 3 Communist countries 3 Semi-manufac- Other Franc Zone 7 tures Other Europe 9 Other 5 Imports: $399 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 22 Negl. By Commodity By Supplier Nonelectric machinery Electric machinery 8 I 0.1 Negl. Machinery and France 46 Iron and steel 2 0.3 manufactures 28 UNITED STATES 7 Transport equipment 1 Negl. Semi-manufac- Italy 7 Chemicals 1 Negl. tures West Germany 6 Textile fibers 1 0.2 Industrial Netherlands 5 Foods 1 Negl. materials 2 Japan 4 Other manufactures 4 0.1 Consumer goods 30 Communist countr es 2 Foods, beverages, Other Franc Zone 7 and tobacco 15 Other Europe 8 Agricultural Other 8 products Petroleum 2 products 5 36 Approved For Release 1 ?)TelA-RDP79S01091A000300050001-3 Approved For Release 1 999/09/ NP RF79SO1091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $300 million 1_ US PRIVATE INVESTMENT, 1972: About $36 million BREAKDOWN OF US INVESTMENT Million US$ Petroleum distribution and other sales organizations 15.6 Manufacturing 4.5 Mining 3.0 Commerce and service industries 6.6 Banks, financial institutions, and insurance 6.5 Companies: American International Reinsurance Bank of America Bankers Trust Company Burroughs Corporation Chase International Investment Corp. Fairmont International Corp .2 First National City Bank 2 Intercontinental Hotels 2 International Business Machines 2 Lazard Freres and Company 25X1X6 Mobil Oil Corp.3 Morgan Guaranty Trust Co. National Cash Register Co. Riegel Textile Co. Singer Sewing Machine Co. Standard Oil of New Jersey2 Texaco, Inc1 Union Carbide Corp .2 Van Camp Seafood Co. Harry Winston, Inc 2 25X1X6 NON-US FOREIGN INVESTMENT, 1971 $764 million 1 Million US$ France 464 Other Europe: 200 Belgium, West Germany, Italy, Netherlands, Switzerland, United Kingdom Canada, Japan, and others COMMENTS: The Ivory Coast encourages foreign investment by granting tariff and tax exemptions under a liberal code, particularly for export industries. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Million US$ Total Loans Grants 1 No rationalization of the large discrepancy between these estimates can be offered. 2 More than $1 million. 3 More than $5 million. Total FY1970 FY1971 FY1972 109.2 16.8 2.1 21.6 92.8 1.6.1 .... 20.8 16.5 0.7 2.1 0.8 Approved For Release 1999/09c!'iI b 37 P79S01091A000300050001-3 Approved For Release 1999c(MP$ENgh -RDP79S01091A000300050001-3 KENYA POPULATION MID-1973: 12,476,000 GROSS DOMESTIC PRODUCT, 1971 (1964 prices): Total: $1.4 billion Per Capita: $120 By Sector of Origin: Agriculture, 36%; trade and finance, 15%; public administration and defense, 12%; manu- facturing, 11%; transportation, communications, and utilities, 10%; construction, 4%; other, 12%. 1971 Exports: $300 million Exports to the United States Million Percent of total US im- Percent All Commodities US$ 27 ports of the commodity Negl. By Commodity Coffee Tea Petroleum products Meat and preparations Pyrethrum flowers and extract Hides and skins Other By Customer 18 Uganda 11 Tanzania United Kingdom 8 West Germany UNITED STATES 4 Zambia Netherlands Other 3 2 54 18 14 14 6 5 4 3 36 Coffee Tea Fish Sugar Fruits and vegetables Plants, seeds, and flowers (including pyrethrum) Copper 8 6 3 1 1 5 2 0.6 10.3 0.2 0.1 0.1 18.8 0.3 Imports: $560 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 26 0.1 By Commodity By Supplier Nonelectric machinery 7 0.1 Industrial United Kingdom 28 Chemicals 5 0.1 supplies 35 Japan 10 Transport equipment 4 Negl. Transport West Germany 8 Manufactures 2 0.1 equipment 18 UNITED STi TES 8 Electrical machinery 2 Negl. Machinery and Iran 5 Crude materials 1 Negl. equipment 16 Tanzania 4 Food 1 Negl. Consumer Uganda 4 Unclassified 1 0.1 goods 12 Other 33 Food and beverages 10 Fuels and lubricants 8 Other 1 38 Approved For Release 1999/~916W:E6TX-'RDP79S01091A000300050001-3 Approved For Release 1999/09/0041&-,79S01091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $200 million' US PRIVATE INVESTMENT, 1971: About $55 million 25X1X6 BREAKDOWN OF US INVESTMENT, 1972 _ $75 million 1 Petroleum 26.5 Manufacturing 34.8 Mining and smelting 0.2 Transportation and utilities Commerce 13.0 Other (mostly tourism and ranching) Principal US firms: Exxon, Caltex, and Mobil (petroleum); Firestone and Union Carbide (manufacturing); Continental Ore (mining); First National City Bank and Chase Manhattan Bank (banking and commerce); Intercontinental Hotels (commerce and tourism). NON-US FOREIGN INVESTMENT, 1972 United Kingdom: $245 million Other sources: West Germany, Italy, and France. 25X1X6 _ $290 million 1 COMMENTS: Most of the US investment figures derive from the companies themselves. The figures probably are inflated or deflated depending on the profile the firm desires to maintain within Kenya. Kenya maintains a liberal investment code and protects foreign investment. The government, however, insists on 51 % ownership in mining and has reserved the right to take similar ownership in new tourist projects. The best opportunities are in tourism and food processing. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Total Loans Grants 92.5 12.3 13.8 5.2 32.8 7.1 8.6 0.8 59.8 5.2 5.2 4.4 1 No rationalization of the large discrepancy between these estimates can be offered. Approved For Release 1999/09/6eN '6'79S01091A000300050001-3 39 Approved For Release 1992e~ffi Nff2 -RDP79S01091A000300050001-3 Total: $440 million Per Cap_ta: $370 By Sector of Origin: Mining, 28%; agriculture, 25%; trade and finance, 11%; public administration and defense, 9%; transportation, communications, and utilities, 6%; construction, 5%; manufacturing, 5%; other, 11 %. 1971 Exports: $224 million Exports to the United States Percent All Commodities Million US$ 52 Percent of total US im- ports of the commodity 0.1 By Commodity Iron ore Rubber Diamonds Wood products Coffee and cocoa. Other 70 17 3 3 2 5 By Customer Europe UNITED STATES Asia Other America Africa 67 22 8 2 1 Iron ore Rubber Coffee Nonindustrial diamonds Fish Vegetable oils and fats 23 22 3 2 1 1 5.5 8.9 0.2 0.3 0.1 0.4 Imports: $162 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 41 0.1 By Commodity By Supplier Transport equipment 9 0.1 Nonelectric machinery 8 0.1 Machinery and Europe 49 Food 8 0.1 transport UNITED STATES 32 Electrical machinery 3 0.1 equipment Manufactured 33 Asia Africa 14 2 Textiles and fabrics Miscellaneous 2 0.2 goods 22 Other America 2 manufactures 2 Negl. Food 15 Other 1 Iron and steel 1 0.1 Mineral fuels and Chemicals 1 Negl. lubricants 7 Crude materials 1 Negl. Chemicals 7 Petroleum products 1 0.1 Beverages and Beverages and tobacco 1 0.1 tobacco 3 Crude materials 1 Oils and fats 1 Other 11 AO Approved For Release 199BE #A-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 : EP7T1AS01091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $315 million US PRIVATE INVESTMENT, 1971 (Department of Commerce data): $191 million BREAKDOWN OF US INVESTMENT, 1970 Million US$ Total 252 Petroleum 2 Manufacturing (nearly all in an oil refinery) 19 Mining and smelting 129 Transportation and utilities 3 Commerce (including oil distribution) 11 Other (primarily agriculture-$67 million) 88 25X1X6 Major US investors: Bethlehem Steel, Republic Steel, Union Carbide, Chevron, Vancouver Plywood, Inc., Firestone, Uniroyal, Goodrich 25X1X6 NON-US FOREIGN INVESTMENT, 1970 More than $297 million Million US$ West Germany 150 maximum Switzerland 2 Lebanon 50 Italy N.A. France 2 Sweden 89 United Kingdom 4 Netherlands and other N.A. COMMENTS: Liberia uses the American dollar as its currency. The country has traditionally maintained concession arrangements with foreigners, without restrictions on repatriation of profits and capital. Currently the policy is for the government to participate in major foreign operations sufficiently to obtain half the profits or otherwise to acquire equivalent income through taxes. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Total Loans Grants Total FY1970 FY1971 FY1972 196.4 8.0 11.0 17.3 99.3 0.9 3.0 8.1 97.2 7.1 8.0 9.2 Approved For Release 1999/09/08 fJ!1kb0t501091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL GROSS DOMESTIC PRODUCT 1970: Total: $2.9 billion Per Cap.ta: $1,500 By Sector of Origin: Mining, 54%; public administration and defense, 11 %; construction, 8%; trade and finance, 8%; agriculture, 4%; transportation, comnmunications, and utilities, 4%; manufacturing, 2%; other, 9%. 1971 Exports: $2,807 million Exports to the United States Percent Million US$ 116 Percent of total US im- ports of the commodity 0.2 By Commodity By Customer Crude petroleum 99 Italy Other 1 West Germany United Kingdom France UNITED STATES Netherlands Spain Belgium Other 22 18 17 12 9 6 6 2 8 Crude petroleum 114 4.4 Imports: $819 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 85 0.2 By Commodity By Supplier Nonelectrical machinery 41 0.4 Transport equipment 10 0.1 Machinery and Italy transport United Kingdom 22 10 Electrical machinery Miscellaneous 8 0.2 equipment 28 West Germany 9 manufactures 5 0.2 Manufactures 19 France 9 Other manufactures 4 0.2 Food 19 UNITED STATES 7 Chemicals 4 0.1 Miscellaneous Japan 6 Food 3 Negl. manufactures 16 Netherlands 3 Iron and steel 3 0.4 Chemicals 7 Other 34 Beverages and tobacco 2 0.2 Fuels and lubricants 4 Crude materials 3 Oils and fats 3 Other 1 Unclassified 2 0.1 42 Approved For Release 1999/aWre61PEUT RDP79S01091A000300050001-3 Approved For Release 1999/09/08Cbq % lPT9SO1091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $1,400 million US PRIVATE INVESTMENT, 1971 (Department of Commerce data): $1,044 million BREAKDOWN OF US INVESTMENT: US investment is almost entirely in petroleum. US firms account for more than 90% of oil production. US firms in the principal consortia ranked from left to right in order of 1972 output: Oasis Occidental Exxon Amoseas Amerada Occidental Standard Oil of Texaco New Jersey Continental Grace Petroleum Standard Oil of California Marathon Sinclair NON-US FOREIGN INVESTMENT: British Petroleum interests were nationalized in December 1971. The Italian State Oil Company (ENI) owns a sizable field jointly with the Libyan State Oil Company. All other holdings--including German and French-are small. COMMENTS: Most foreign investment in Libya must be in the form of joint ventures with state firms. The oil sector is the last segment of the Libyan economy to become Libyanized (forced to cede half or more of its assets to Libyan ownership). The government is currently engaged in efforts to gain 51 % state participation in the operations of petroleum producing companies in Libya. In addition, workers committees formed under Colonel Qadhafi's "cultural revolution" have been harassing foreign managers. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Million US$ Total FY1970 FY1971 FY1972 Total 45.7 0.4 .... Negl. Loans .... .... .... Grants 45.7 0.4 .... Negl. Approved For Release 1999/09/08 : IkFI 'P'7~~01091A000300050001-3 Approved For Release 199MMfi1A-RDP79S01091A000300050001-3 MALAGASY REPUBLIC POPULATION MID-1973: 7,221,000 GROSS DOMESTIC PRODUCT 1970: Total: $890 million Per Capil;a: $130 By Sector of Origin: Agriculture, 32%; public administration and defense, 20%; trade and finance, 18f./o; manu- facturing, 11 `Y; transportation, communications, and utilities, 10%; other, 9%. 1971 Exports: $147 million Exports to the United States Percent Million US$ Percent of total US im- ports of the commodity All Commodities 37 0 1 By Commodity By Customer Coffee 15 . 1.2 Cloves 3 78 5 Coffee 26 France 34 Vanilla 9 . 87 4 Cloves 14 UNITED STATES 22 Fish and preparations 3 . 0 2 Vanilla 9 Other EC (of six) 8 Sugar 2 . 0 2 Rice 5 Other 36 Chemicals 2 . 0 1 Sugar 3 Crude fertilizers 1 . 0 3 Chromite 2 Crude rubber 1 . 0 3 Other 41 . Imports: $214 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 11 Negl By Commodity By Supplier Transport equipment 7 . 0.1 Consumer goods 30 France 56 Nonelectric machinery Miscellaneous 1 Negl. Industrial Other EC (of six) 18 manufactures 1 Negl equipment 27 UNITED STATES 5 Oils and fats 1 . 0 1 Raw materials 23 Other 21 Electrical machinery 1 . Negl Food 14 . Petroleum Agricultural 5 equipment 1 44 Approved For Release 1 T!IA-RDP79S01091 A000300050001-3 Approved For Release 1999/09/08 : PIANF ~DNT AS01091A000300050001-3 MALAGASY REPUBLIC FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $90 million US PRIVATE INVESTMENT: $21 million 1 BREAKDOWN OF US INVESTMENT, 1971 Million US$ Petroleum 20 Other (meat processing) I 25X1 X6 Principal US investors: Caltex and Exxon (distribution, equity in refinery), Conoco, Chevron, Texas Gulf, and Tenneco (exploration). NON-US FOREIGN INVESTMENT: Small, predominantly French, but including Chinese, Indian, and Israeli interests. COMMENTS: The old government granted tariff, tax, and other benefits. A military government, in power only a short while, has not yet embarked on any new policy concerning foreign investment. The best invest- ment opportunities are in consumer goods industries, maintenance facilities for agricultural machinery, and food processing plants. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Million US$ Total FY1970 FY1971 FY1972 Total 15.5 1.2 0.6 0.4 Loans 3.0 Grants 12.5 1.2 0.6 0.4 ' The figure for 1972 could be as high as $52 million, if all prospecting costs are capitalized in the petroleum industry. Approved For Release 1999/09/0~-f31~t9S01091A000300050001-3 45 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL POPULATION MID-1973: 16,259,000 GROSS DOMESTIC PRODUCT, 1970 (1966 prices): Total: $2.7 billion Per Capita: $170 By Sector of Origin: Agriculture, 28%; trade and finance, 19%; manufacturing, 12%; public administration and defense, 11%; construction, 5%; mining, 5%; electricity, gas, and water, 3%; other, 17%. 1971 Exports: $499 million Percent Exports to the United States Million Perce at of total US im- US$ ports of the commodity By Commodity By Customer All Commodities 11 Negl. Phosphates Citrus products Other agricultural products Other primary products Semi-finished goods Consumer goods Other 23 15 33 13 8 7 1 France 36 West Germany 9 United Kingdom 5 Italy 5 Spain 4 Benelux 4 China 4 USSR 4 Algeria 3 Netherlands 3 Spices Sugar and honey Vegetable extracts Leather and shoes Textile yarns and fabrics Manufactures Manganese ore 1 1 1 1 1 2 1 1.4 0.1 5.1 0.3 0.1 Negl. 3.7 Poland 2 Other (including UNITED STATES) 21 Imports: $698 million Imports from the United States Percent Million US$ Percent of total US ex- ports of the commodity By Commodity By Supplier All Commodities 58 0.1 Food 21 0.4 Equipment 22 France 31 Oils and fats 13 2.5 Semi-finished UNITED STATES 14 Nonelectric machinery 6 0.1 goods 22 West Germany 8 Beverages and tobacco 4 0.4 Raw materials 13 Italy 6 Transport equipment 3 Negl. Food 22 United Kingdom 4 Cotton 2 0.4 Consumer goods 15 USSR 4 Electrical machinery 2 Negl. Other 6 Spain 4 Chemicals 1 Negl. Netherlands 3 Textile yarn 1 0.1 Benelux 2 Miscellaneous Sweden 2 manufactures 1 Negl. Cuba 2 Unclassified 1 0.1 Japan 2 Other 18 46 Approved For Release 1990 X13'114-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $240 million 1 US PRIVATE INVESTMENT, 1971: $38 million 1 BREAKDOWN OF US INVESTMENT, 1971 25X1X6 Million US$ Total1 47.2 Petroleum distribution 18.9 Manufacturing 16.2 Transportation and utilities 1.8 Commerce, banking, and insurance 6.5 Other (hotels and agribusiness) 3.8 The number of US firms operating in Morocco rose from 46 in 1967 to 59 in 1971. Major US investors are Mobil, American Tire, IBM-France, Exxon, and Holiday Inns. Others are Bank of America, Coca Cola, Colgate-Palmolive, and American Chewing Gum. 25X1X6 NON-US FOREIGN INVESTMENT, 1971 More than $3 billion i Million US$ France 3,000 Spain 10 Italy 10 Belgium 10 United Kingdom 5-10 Netherlands 5-10 West Germany 5 COMMENTS: The government is anxious to attract US investment. The American presence is growing in agribusiness and tourism. In March 1973, all remaining foreign-owned agricultural lands were nationalized. They were held by French (two-thirds) and Spanish (one-third) interests. Compensation will be made. Moroccanization of the tertiary sector is at a cautious rate so as not to discourage foreign investment. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Million US$ Total FY1970 FY1971 FY1972 Total 576.0 36.4 77.5 57.6 Loans 336.8 16.4 53.1 47.1 Grants 239.3 20.0 24.4 10.5 ' No rationalization of the large discrepancy between these estimates can be offered. Approved For Release 1999/09/09:OCfA ROPI79S01091A000300050001-3 47 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL POPULATION MID-1973: 8,698,000 1971 Exports: $169 million Exports to the United States Percent Million US$ percent of total US im- ports of the commodity All Commodities 26 Negl. By Commodity By Customer Cashews and other nuts 18 19.9 Tea 2 2.5 Agricultural Portugal 37 Textile yarns and products 62 UNITED STATES 14 fabrics Cashews 20 South Africa 9 Crude fertilizer and Cotton 12 India 7 minerals 1 0.2 Sugar 12 Angola 5 Crude materials 1 0.3 Tea 5 United Kingdom 4 Unclassified 1 0.1 Copra 5 Netherlands 3 Timber 4 West Germany 3 Other 4 Other 18 Textiles 15 Fuel oil 3 Other 20 Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 16 Negl. By Commodity By Supplier Nonelectric machinery 7 0.1 Transport equipment 3 Negl. Machinery 18 Portugal 26 Chemicals 3 0.1 Metal and South Africa 15 Manufactures 2 Negl. products 15 West Germany 8 Electrical machinery 1 Negl. Transport United Kingdom 8 equipment 14 UNITED STATES 7 Food, beverages, Japan 6 and tobacco 11 Iraq 5 Textiles 11 Italy 4 Minerals 11 France 4 Chemicals 8 Other 17 Plastics 4 Paper 3 Other 5 48 CONFIDENTIAL Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $120 million US PRIVATE INVESTMENT, 1971: About $15 million BREAKDOWN OF US INVESTMENT: Most US investment is concentrated in resource exploration and development, especially oil prospecting. Principal US firms involved are: Clark Oil, Skelly, Sunray, Gulf, Pan American Oil, Texaco Others: Firestone, Holiday Inns, Charles Pfizer & Co. NON-US FOREIGN INVESTMENT: Portugal is the largest single source of private foreign investment. COMMENTS: The government encourages investment by granting tax and customs rebates and allowing transfers of profits and capital. Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL POPULATION MID-1973: 59,607,000 GROSS DOMESTIC PRODUCT, F:11972 (ended March 1972): Total: $6.8 billion Per Capita: $120 By Sector of Origin 1: Agriculture, 56%; trade and finance, 12%; public administration and defense, 8%; manu- facturing, 7%; transportation, ccmmunications, and utilities, 6%; construction, 5%; mining, 3%; other, V/6. Exports: $1,793 million Percent Exports to the United States Million Percent of total US im- By Commodity Petroleum Cocoa Palm kernels Peanuts Tin metal Cotton Rubber Other 75 11 2 2 2 1 1 6 By Customer United Kingdom UNITED STATES France Netherlands West Germany Italy Eastern Europe Japan Norway 22 18 15 14 6 4 3 1 1 US$ ports of the commodity All Commodities 271 0.5 Crude petroleum 245 9.4 Cocoa 11 5.2 Petroleum products 5 0.3 Rubber 3 1.0 Wood 1 0.1 Hides and skins 1 1.1 Iron ore 1 0.2 Tin metal 1 0.3 Other 16 Imports: $1,510 million Imports from the United States Million Percent of total US ex- US$ ports of the commodity All C diti 114 By Commodity By Supplier ommo es 0.2 Nonelectric machinery 46 0.5 Food 21 0.4 Machinery and United Kingdom 32 Iron and steel 9 1.1 transport UNITED STATES 14 Electrical machinery 8 0.2 equipment 40 West Germany 12 Transport equipment 7 0.1 Manufactures 36 Japan 4 Textiles and fabrics 3 0.4 Chemicals 11 France 4 Chemicals 3 0.1 Food 8 Italy 4 Miscellaneous Crude materials 2 Netherlands 4 manufactures 5 0.1 Mineral fuels 1 Eastern Europe 3 Other manufactures 5 0.2 Other 2 China 2 Benelux 2 Other 19 1 Historical material that does not reflect the sharp rise in the significance of petroleum extraction. 50 CONFIDENTIAL Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 ~GJ*Aql~,J9501091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $1,700 million US PRIVATE INVESTMENT, 1971: Less than $450 million i BREAKDOWN OF US INVESTMENT, 1971 (Department of State): $800 million t Major US participants are: Gulf, Mobil, Texaco-Chevron Selected other US investors: Bank of America, Colgate-Palmolive, IBM, Motorola, National Cash Register NON-US FOREIGN INVESTMENT, 1972: United Kingdom, more than $1,000 million; France, $140 million; others include Greece, India, Japan, and Lebanon COMMENTS: The government welcomes foreign investment, especially in large and medium-size ventures. At the same time, the government wishes greater Nigerian participation in the equity and management of foreign concerns. Twenty-two small-scale manufacturing and service sectors were reserved in 1972 for Nigerian citizens. Tax and import concessions are offered selectively to foreigners. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Total Loans Grants 445.6 52.4 41.4 39.8 147.8 5.8 24.3 31.1 297.8 46.6 17.1 8.7 i No rationalization of the large discrepancy between these estimates can be offered. Approved For Release 1999/09/08VIRE1 9S01091A000300050001-3 Approved For Release I 9c9 /9 1 ARIA-RDP79SO1091A000300050001-3 SIERRA LEONE POPULATION MID-1973: 2,666,000 GROSS DOMESTIC PRODUCT, FY1970 (ended June 1970): Total: $425 million Per Capita: $170 By Sector of Origin: Agriculture, 31%; mining, 19%; trade and finance, 15%; transportation and communication, 8%; manufacturing, 6%; public administration and defense, 5%; construction, 4%; other, 12%. 1971 Exports: $107 million Exports to the United States Percent Million US$ percent of total US im- ports of the commodity All Commodities 24 Negl. By Commodity By Customer Nonindustrial diamonds 16 2.5 Coffee 5 0.4 Diamonds 61 United Kingdom 63 Fish and preparations 2 0.2 Iron ore 14 EC (of six) 16 Palm kernels 7 Japan 7 Coffee 4 UNITED STATES 6 Cocoa 3 Other 8 Bauxite 3 Rutile 1 Other 7 Imports: $122 million Imports from the United States Million Percent of total US ex- US$ ports of the commodity All Commodities 6 Negl. By Commodity By Supplier Food 3 0.1 Beverages and tobacco 1 0.1 Manufactured United Kingdom 29 Nonelectric machinery 1 Negl. goods Machinery and 26 EC (of six) Commonwealth 19 transport (non-UK) 13 equipment 24 Japan 10 Foodstuffs, Eastern Europe 7 beverages, and UNITED STATES 7 tobacco 23 Egypt 2 Other manufac- Other 13 tures 9 Chemicals 7 Mineral fuels 7 Oils and fats 1 Other 3 52 Approved For Release 19?916?Pkt' IA-RDP79S01091A000300050001-3 I 9S01091A000300050001-3 Approved For Release 1999/09/0CONFIDENTIAL FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $70 million 25X1X6 BREAKDOWN OF US INVESTMENT, 1972 Assets of Pittsburgh Plate Glass Company in rutile production reverted to the US Export-Import Bank. Nord Resources and Bethlehem Steel have decided to take over the project. 25X1X6 Private United Kingdom interests have holdings of between $55 million and $60 million. Together, the Netherlands, Italy, West Germany, and Switzerland have holdings of $1 million. COMMENTS: With the economy stagnating, investment prospects are poor. All mining ventures operate under the shadow of the government's policy of acquiring 51 % of such operations. This policy may be extended to other industries. Total Loans Grants 54.1 2.4 4.7 3.5 15.8 .... 2.1 .... 38.3 2.4 2.6 3.5 Approved For Release I 999/09/08 ids 3Pkl9S01091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL SOUTH AFRICA POPULATION MID-1973: 24,433,000 GROSS DOMESTIC PRODUCT 1 1972: Total: $21.9 billion Per Capita: $940 By Sector of Origin: Manufacturing, 22%; trade and f:nance, 18%; mining, 12%; transportation, communications, and utilities, 12%; agriculture, 1.0%; public administration and defense, 9%; construction, 3%; other, 14 %. 1971 Exports: $2,311 million 3 1972 Exports to the United States Percent Million Percent of total US im- US$ ports of The commodity By Commodity By Customer All Commodities 330 0.6 Diamonds 12 United Kingdom 25 Precious metals 109 15.1 Fruit 8 Africa 18 Iron and steel 36 1.2 Copper 6 Japan 11 Fish 28 2.3 Platinum 5 UNITED STATES 7 Copper 24 4.6 Sugar 4 West Germany 7 Silver and platinum 18 10.2 Corn 4 France 2 Sugar and honey 17 1.9 Wool 3 Italy 2 Fertilizers 16 5.3 Manganese 3 Other 28 Industrial diamonds 9 24.4 Asbestos 2 Nickel 7 2.0 Iron ore 2 Wool and other hairs 5 5.3 Other 51 Radioactive chemicals 4 4.0 Lead 3 4.2 Imports: $4,039 million Chrome ore 3 11.7 Percent Crude asbestos 3 3.8 Manganese ore 3 7.9 By Commodity By Supplier Other nonferrous ores 5 45.5 Machinery 27 United Kingdom 23 Transport UNITED STATES 16 Imports from the United St ates equipment 19 West Germany 14 Million Percent of total US ex- Textiles and Japan 10 US$ ports of the commodity fabrics 8 Africa 4 All Commodities 603 1.2 Mineral fuel 7 Italy 4 Transport equipment 173 2.1 Chemicals 7 France 4 Nonelectric machinery 152 1.6 Iron, steel, and Australia 2 Chemicals 53 1.3 products 5 Netherlands 2 Electrical machinery 43 1.1 Musical and other Other 21 Food 29 0.5 instruments 3 Textiles and fabrics 19 2.4 Other 24 Other manufactures 107 1.4 1 Including South-West Africa. 2 Trade figures include, in addition to Scuth Africa, those of South-West Africa and three independent countries in the southern Africa customs union-Botswana, Lesotho, and Swaziland. 3 Excluding gold sales, not considered a commodity of trade. 54 Approved For Release I 9 'dYPMII IA-RDP79S01091A000300050001-3 Approved For Release 1999/09/08cb~A tRFT9SO1091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): Not Available US PRIVATE INVESTMENT, 1971 (Department of Commerce data): $964 million 25X1X6 BREAKDOWN OF US INVESTMENT, 1971 $1.3 billion Direct US$ Indirect Total 969 Total 318 Mining 158 Private sector 149 Manufacturing 462 Central government Finance 61 and banking 169 Wholesale and retail trade 202 Insurance 4 Other 82 Hundreds of US firms have some investment in South Africa, including: General Motors, Ford, Chrysler, International Business Machines, American Motors, Armco Steel, Avis-Rent-A-Car, Bucyrus- Erie Caterpillar Tractor Co., Coca Cola, and Colgate-Palmolive. NON-US FOREIGN INVESTMENT, 1971 25X1X6 _ $8.7 billion Direct Indirect Total Total 5,459 3,243 8,702 Sterling area 4,215 1,311 5,526 Western Europe 963 1 ,524 2,487 Non-US Dollar area (including Canada) 230 28 258 International organizations .... 305 305 Other areas 51 75 126 South Africa is a major outlet for British investors. Holdings are as large as, or larger than, those the British have in the United States. The country encourages foreign investment but offers no incentives beyond those available to any investor. Profits normally can be freely remitted, but capital withdrawals are generally subject to a five-year blocking procedure. The US Government neither encourages nor discourages investment in South Africa but encourages those who invest to upgrade conditions of non-white employees. The United States considers South-West Africa (Namibia) to be an international territory and officially discourages US investments in that area. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: None. Approved For Release I 999/09/dr8'a.ItI W1 '79501091 A000300050001-3 55 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL SUDAN POPULATION MID-1973: 16,901,000 GROSS DOMESTIC PRODUCT 1969: Total: $1.6 billion Per Capita: $110 By Sector of Origin: Agriculture, 54%; trade and finance, 15%; public administration and defense, 10?/a.; manu- facturing, 6%; construction, 6%; electricity, gas, and water, 1%; other, 8%. 1971 Exports: $313 million Exports to the United States Percent Million US$ Percent of total US im- ports of the commodity All Commodities 12 Negl. By Commodity Cotton 63 By Customer USSR 16 Crude animal and vegetable materials 10 3.8 Gum Arabic 7 India 11 Cotton 2 12.5 Peanuts 7 China 9 Sesame 7 Italy 9 Livestock 2 Japan 8 Dura 1 West Germany 8 Other 13 Egypt 4 Netherlands 4 UNITED STATES 3 Poland 2 France 2 Saudi Arabia 2 Other 22 Imports: $316 million Imports from the United States Percent Million US$ Percent of total US ex- ports of the commodity All Commodities 18 Negl. By Commodity By Supplier Food 9 0.2 Consumer goods 42 India 16 Chemicals 3 0.1 Capital goods 16 United Kingdom 14 Nonelectric machinery 2 Negl. Building USSR 11 Transport equipment 1 Negl. materials 10 West Germany 7 Iron and steel 1 0.1 Agricultural China 6 Oils and fats 1 0.1 raw materials 10 Egypt 6 Manufactures 1 Negl. Fuels 4 Japan 4 Unclassified 1 Negl. Other 18 Netherlands 3 UNITED STATES 3 Poland 3 Belgium 3 France 2 Italy 2 Other 20 56 Approved For Release I 99 UNT A-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $35 million 25X1X6 BREAKDOWN OF US INVESTMENT, 1971 The only sizable US investment is the Mobil retail marketing facilities valued at 82 million. The rest is negligible. 25X1 X6 NON-US FOREIGN INVESTMENT, 1971 Foreign investments, which had amounted to some $140 million, were greatly reduced by nationali- zations and confiscations in 1970. COMMENTS: Since 1972, Sudan has been eager to attract foreign investment, particularly from the United States. Although moving cautiously, US businessmen are beginning to respond. Total Loans Grants 81.4 Negl. 0.1 8.0 47,9 .... .... 7.9 33.4 Negl. 0.1 0.1 CONFIDENTIAL 57 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL TANZANIA POPULATION MID-1973: 14,368,000 GROSS DOMESTIC PRODUCT, 1971 (1966 Prices): Total: $1.1 billion Per Capita: $80 By Sector of Origin: Agriculture, 54%; trade and finance, 14%; public administration and defense, 7%; manu- facturing, 5%; transportation, communications, and utilities, 5%; mining, 3%; construction, 3%; other, 9%. 1971 Exports: $281 million Exports to the United States Percent Million US$ Percent of total US im- ports of the commodity All C diti 21 l N ommo es . eg By Commodity By Customer Coffee 13 1.1 Cashews and other nuts 2s 1.8 Coffee 11 United Kingdom 21 Textiles, yarns, and Cloves 10 Kenya 8 fabrics Cashews 6 UNITED STATES 7 Plants, seeds, and Cotton 11 India 7 flowers (including Sisal 7 Hong Kong 7 pyrethrum) Diamonds 11 Netherlands 3 Other 44 West Germany 3 Uganda 2 Other 42 Imports: $382 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 12 Negl. By Commodity By Supplier Food 4 0.1 Chemicals 1 Negl. Manufactures 24 China 22 Nonelectric machinery 1 Negl. Machinery 22 United Kingdom 18 Miscellaneous Transport Kenya 11 manufactures 2 Negl. equipment 13 West Germany 7 Other manufactures 2 Negl. Chemicals 13 Japan 6 Crude materials 2 Italy 5 Miscellaneous Netherlands 4 manufactures 5 UNITED STATES 4 Food and Other 23 beverages 5 Mineral fuels 8 Other 8 58 CONFIDENTIAL Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 :cI-,g7AIS01091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $65 million US PRIVATE INVESTMENT: $5 million to $6 million BREAKDOWN OF US INVESTMENT, 1971 Million US$ Petroleum 3.8 Manufacturing 1.0 Commerce Negl. Other 0.5 Principal US investors: Caltex (petroleum), Exxon (petroleum), General Tire (tire factory) 25X1X6 25X1X6 Million US$ United Kingdom 43.0 Italy 4.5 West Germany 6.4 Japan 1.2 Netherlands 2.4 COMMENTS: Government policy permits private foreign investment in certain sectors; others are restricted to public and semi-public enterprises. Large-scale enterprises usually require government participation of 50% or more. Approved enterprises have the right to repatriate profits and capital. Total Loans Grants 76.9 4.8 5.7 3.1 13.8 1.0 0.8 .... 63.1 3.8 4.9 3.1 Approved For Release 1999/09/08 :9 ktk S01091A000300050001-3 Approved For Release 19(33a%28T~~C~ IA-RDP79SO1091 A000300050001-3 TUNISIA POPULATION MID-1973: 5,482,000 GROSS DOMESTIC PRODUCT, 1971 (1966 prices): Total: $1.2 billion Per Capita: 5230 By Sector of Origin: Public administration and defense, 17%; agriculture, 16%; manufacturing, 15%; trade and finance, 13%; transportation, communications, and utilities, 12%; construction, 9%; mining, 4%; other, 14%. 1971 Exports: $216 million Exports to the United States Percent Million US$ Percent of total US im- ports of the commodity All Commodities 8 Negl. By Commodity By Supplier Vegetable oils and fats 4 2.5 Iron and steel 2 0.1 Crude petroleum Olive oil Other food Phosphates Other industrial goods Consumer goods 25 22 11 19 18 3 Italy 20 France 20 West Germany 13 Libya 10 Spain 6 USSR 3 Poland 3 Pulp and paper 1 0.1 Other 2 Bulgaria 3 Switzerland 3 Other (including UNITED STATES) 19 Imports: $343 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 55 0.1 By Commodity By Supplier Oils and fats 14 2.7 Food 12 0.2 Food 21 France 36 Transport equipment 10 0.1 Consumer goods 14 UNITED STATES 15 Nonelectric machinery 6 0.1 Equipment 29 Italy 9 Textile fibers 2 0.3 Raw materials 23 West Germany 7 Chemicals 1 Negl. Semi-finished United Kingdom 3 Iron and steel 1 0.1 goods 9 Austria 3 Electrical machinery 1 Negl. Energy 4: Canada 2 Miscellaneous Spain 2 manufactures 1 Negl. Benelux 2 Petroleum products 1 0.3 Netherlands 2 Other manufactures 2 0.1 Other 19 60 Approved For Release 1 b@/#'AtIA-RDP79S01091A000300050001-3 Approved For Release 1999/09/08~FPA7L9S01091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $175 million US PRIVATE INVESTMENT: About $14 million BREAKDOWN OF US INVESTMENT, 1971 Million US$ Petroleum Negl. Manufacturing 2.9 Mining and smelting 2.9 Transportation and utilities Negl. Commerce 0.3 Other (housing, hotels, and tourism) 7.8 25X1X6 Principal US investors: Firestone (manufacturing), Freeport International Sulphur (mining and smelting), International Telephone and Telegraph (Sheraton Hotel), Carney Housing (building). NON-US FOREIGN INVESTMENT: France, Italy, Belgium, and West Germany are the principal investors. COMMENTS: In the last few years, Tunisia has significantly increased its efforts to attract foreign investment. Private foreign investment is encouraged by an investment code providing various tax, customs, and other benefits for new investors. The code also guarantees repatriation of capital and profits. Particularly good prospects for US investment exist in tourism and manufacturing. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Total Loans Grants 532.1 45.7 54.4 48.8 315.2 27.2 32.1 36.0 217.0 18.6 22.3 12.8 Approved For Release 1999/09/08'lt4A*tT"9S01091 A000300050001-3 Approved For Release 1999/0 -1$$lA-RDP79S01091A000300050001-3 NPIM UGANDA POPULATION MID-1973: 10,810,000 Total: $1.0 billion Per Capita: $100 By Sector of Origin: Agriculture, 58%; trade and finanoe, 10%; manufacturing, 8%; transportation, communications, and utilities, 5 %; public administration and defense, 4 %; mining, 2 %; construction, 2 %; other, 11 %. 1971 Exports: $259 million Exports to the United States Percent Million Percent of total US im- US$ ports of the commodity All Commodities 49 0.1 By Commodity By Customer Coffee 47 3.7 Tea 1 2.0 Coffee 53 United Kingdom 22 Tea 5 UNITED STATES 20 Cotton 19 Japan 10 Hides and skins 1 Kenya 9 Copper 7 India 7 Other 15 West Germany 6 Other 26 Imports: $250 million Imports from the United States Million Percent of total US ex- US$ ports of the commodity All Commodities 3 Negl. By Commodity By Supplier Nonelectric machinery 1 Negl. Transport equipment 1 Negl. Machinery 16 United Kingdom 25 Transport Japan 10 equipment 14 West Germany 7 Iron and steel 4 UNITED STATICS 6 Paper and India 4 products 2 Italy 4 Cotton fabrics 1 Other 44 Other 63 62 Approved For Release I 95970 !9 TLAtiA-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 C8 r XPS01091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $55 million BREAKDOWN OF US INVESTMENT, 1971 US companies have invested in petroleum distribution insurance, and tourist and photographic supply facilities. United Kingdom 35 Italy 12 Kenya N. A. West Germany N. A. Netherlands N. A. France N.A. Scandinavia N.A. 25X1X6 (Caltex, Exxon, and Mobil), advertising, 25X1X6 $50 million COMMENTS: The unpredictability of the current Ugandan Government is a deterrent to private foreign invest- ment. Rash government reactions include expulsion of Israelis and non-citizen Asians, resulting in the government takeover of privately owned firms. Recently, Kampala expropriated a number of British- owned firms and one American-owned enterprise. Uganda announced in January 1973 that it intended to take over some 500 British companies, representing about 90% of British interests in the country. Total Loans Grants 48.2 3.2 3.4 5.7 16.6 .... .... 3.0 31.5 3.2 3.4 2.7 Approved For Release 1999/09/08 rr@W! 501091A000300050001-3 63 Approved For Release 19~Wh9 T1 A-RDP79S01091A000300050001-3 ZAIRE POPULATION MID-1973: 23,535,000 GROSS DOMESTIC PRODUCT 1971: Total: $2.1 billion Per Capita: $90 By Sector of Origin: Agriculture, 22%; public administration and defense, 18%; trade and finance, 16%; manufacturing, 16%; transportation, communications, and utilities, 7%; mining, 6%; construction, 3%; other, 12%. 1971 Exports: $798 million Exports to the United States Percent Million US$ Percent of total US im- ports of the commodity All Commodities By Commodity By Customer Nonferrous base metals (probably cobalt) 12 15.9 Copper 64 Belgium 52 Coffee 12 0.9 Cobalt 6 Italy 11 Zinc 7 3.8 Diamonds 5 France 8 Manganese ore 5 14.3 Tin and ore 3 United Kingdom 5 Vegetable oils and fats 4 1.9 Zinc 2 UNITED STATES 5 Rubber 3 1.0 Coffee 6 Other EC (of six) 9 Palm products 5 Other 10 Rubber 2 Other 6 Unrecorded 1 Imports: $626 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 37 0.1 By Commodity By Supplier Nonelectric machinery 11 0.1 Transport equipment 7 0.1 Capital goods, Belgium 25 Manufactures 4 Negl. semi-manufac- UNITED STATES 14 Food 3 0.1 tures, and raw West Germany 11 Beverages and tobacco 2 0.2 materials 47 France 10 Electrical machinery 2 0.1 Consumer Japan 10 Chemicals 2 0.1 goods 27 United Kingdom 6 Iron and steel 1 0.1 Energy 4 Other EC (of six) 13 Textiles and fabrics 1 0.1 Other 22 Other 11 Textile fibers 1 0.2 Petroleum products 1 0.2 64 Approved For Release 19991 M11,0IA-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 o FI -RDN PL 9S01091A000300050001-3 FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $560 million US PRIVATE INVESTMENT, 1971: $49 million 1 BREAKDOWN OF US INVESTMENT 1971 1972 Total 41.71 157.8 Petroleum 8.7 25.0 Manufacturing 16.5 34.2 Mining and smelting 1.2 94.2 Commerce 7.3 Other g 0 } 4.4 25X1X6 Principal US firms: Goodyear (tire manufacturing), Intercontinental Hotel, Mobil, and Texaco (petroleum distribution). Standard Oil of Indiana recently invested in copper exploration and mining. Grain, several banks, and automobile distributorships. 25X1X6 NON-US FOREIGN INVESTMENT, 1972 - $886 million Other investors: Gulf, Exxon, Pluswood Industries, Union Carbide, Philips Brothers Chemicals, Singer Sewing Machine Co., Pfizer, International Business Machines, Pan Am, Cynamide/Lederle, Continental Million US$ Belgium 635 France 20 Italy 50 Japan 40 West Germany 80 United Kingdom 60 Switzerland less than 1 COMMENTS: Zaire has been attempting to interest a number of major American firms (Kaiser Aluminum, ALCOA, Ford, and General Motors). In 1971 it was estimated that direct investment from US sources might reach a total of $500 million by 1975. US interests in mining are growing. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Total Loans Grants Total FY1970 FY1971 FY1972 381.1 13.1 29.1 5.9 172.6 11.7 25.7 2.4 208.4 1.4 3.4 3.5 1 No rationalization of the large discrepancy between these estimates can be offered. Approved For Release 1999/09/0gc?AEI79S01091A000300050001-3 65 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL ZAMBIA POPULATION MID-1973: 4,688,000 GROSS DOMESTIC PRODUCT 1970: Total: $1.7 billion Per Capita: $410 By Sector of Origin: Mining, 37%; trade and finance, 13%; agriculture, 10%; construction, 10%; manufacturing, 8%; transportation, communications, and utilities, 6%; public administration and defense, 6%; other, 10%. 1971 Exports: $679 million Exports to the United States Percent Million US$ Percent of total US im- ports of the commodity All Commodities 3 Negl. By Commodity By Customer Nonferrous base metals (probably cobalt) 3 3.8 Copper 93 EC (of six) 31 Zinc 2 Japan 21 Lead 1 United Kingdom 16 Cobalt 1 South Africa 2 Tobacco 1 Other Europe 13 Other 2 Other Sterling Area 6 Other 11 Imports: $554 million Imports from the United States Million US$ Percent of total US ex- ports of the commodity All Commodities 34 0.1 By Commodity By Supplier Nonelectric machinery 16 0.2 Transport equipment 9 0.1 Machinery and United Kingdom 25 Electrical machinery 1 Negl. transport EC (of six) Other manufactures 3 Negl. equipment 41 South Africa 15 Chemicals 2 0.1 Manufactures 28 UNITED STATES 10 Unclassified 1 Negl. Food 1.0 Japan 7 Minerals and Rhodesia 5 fuels 9 Other Sterling Area 11 Chemicals 8 Other Europe 5 Crude materials 2 Other 7 Other 2 66 Approved For Release 19SSy06 T18XIA-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 - 7L9SO1091A000300050001-3 C IPA FOREIGN PRIVATE INVESTMENT, 1971 (DAC data): $300 million 1 US PRIVATE INVESTMENT, 1971: About $112. million BREAKDOWN OF US INVESTMENT, 1971 Million US$ Mining and smelting 100 Manufacturing 5 Petroleum I Other 6 25X1X6 Principal US investors: American Metal Climax, Coca Cola, Westinghouse Air Brake, International Telephone and Telegraph, National Cash Register, Mobil., Caltex, St. Regis Paper Co., Ingersoll Rand. 25X1X6 NON-US FOREIGN INVESTMENT, 1971 More than $480 million 1 Million US$ United Kingdom 250 South Africa 200 Italy 30 COMMENTS: The Zambian Government welcomes foreign investment that assists major economic development goals. Most foreign investment has been in copper production, and the government wishes to steer new investment into the other sectors of the economy, all of which are less developed. OFFICIAL ECONOMIC ASSISTANCE FROM THE UNITED STATES, FY1962-72: Total Loans Grants 41.1 0.2 4.3 23.5 34.6 .... 4.3 23.2 6.5 0.2 .... 0.3 1 The large discrepancy between these estimates cannot be fully rationalized. Private South African investments estimated at $200 million are excluded from the DAC data. Approved For Release I 999/09/08 R f9SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 CONFIDENTIAL Economic statistics on the great majority of African countries are often rudimentary approximations or educated guesses. Data on private foreign investment in Africa are especially suspect. Investment data in this handbook thus should be considered only as rough orders of magnitude. Some of the sources use book value (normally original cost less depreciation) as a basis for valuing foreign investment; others use current market prices of plant and equipment to the extent that data can be developed. Because of the worldwide inflation and conservative accounting practices, book values are almost certain to be ap- preciably lower than market or replacement values, especially in the extractive industries, which dominate foreign investment in Africa. Book values are known at least in the accounting sense; market values can only be "guesstimated." Even in determining book value, significant differences of approach can give a wide range of dollar values. For example, book values depend on which partic- ular accounting system is used for valuing minerals in the ground and for treating exploration costs. The OECD's Development Assistance Committee, a principal source of investment data presented in this handbook, recognizes "substantial un- certainties" about its estimates of the level of foreign investment in African countries. Firms in developed countries, in principal, use net book values as a basis for the evaluation of their foreign investment.... For most D.A.C. countries, no company surveys are available and the estimates have been prepared on the basis of capacity, annual turn-over, etc., or by using estimates of other authors, the bases of which are not known in detail. In other cases, incomplete company surveys have had to be supplemented by estimates arrived at in a similar way. To the extent that these figures have any validity at all, they may be approaching market values more than the book values used in company surveys. This implies problems of comparability of the estimates.' (Emphasis added.) The nationality of investors sometimes is difficult to assign, notably in the case of multinational firms. Some multinational firms have effective management control in one country, major share-holding interests in another, minor share- holding interests in a third, and the company headquarters in a fourth. Relationships among subsidiaries located across country borders add to the confusion, as does the foreign residence of nationals who manage or control the firms. ' Part III of "Stock of Private Direct Investments by D.A.C. Countries in Developing Countries, End 1967," Organization for Economic Cooperation and Development, Paris, 1972. CONFIDENTIAL 69 Approved For Release 1999/09/08 : CIA-RDP79S01091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Other common problems are revealed in the US Embassy assessment of Nigerian statistics on foreign investment: The Nigerian Central Bank prepares the only official estimates of the book value of foreign investment.... These Central Bank estimates are considerably ower than past informal Embassy estimates, ap- parently largely because the Central Bank data reflect much higher rates of depreciation. Nevertheless, this factor alone can hardly account for such an anomaly as showing Z State. Lagos, A-67, 6 Apr 1973. U. 25X6A 70 Approved For Release 1999/O9'~~FR~'DP79S01091A000300050001-3 Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3 Confidential Confidential Approved For Release 1999/09/08 : CIA-RDP79SO1091A000300050001-3