India and China in Africa : a comparative perspective of the oil industry / Raj Verma.

Includes bibliographical references (pages 244-269) and index.

Part II: Introduction -- Part II: Conceptual framework and background -- Neoclassical realsim -- India and China in Africa and West Africa -- Part III: India and China -- India and China: difference in power and political economies -- Oil industry in india and china -- Part IV: Case studies -- India and China in Angola -- India and China in Nigeria -- India and China in eight countries in West Africa -- Part V: Conclusion.

This book analyses the acquisition of oil blocks by Indian and Chinese oil corporations in eleven West African countries. It describes the differences in how India and China mobilise oil externally to meet their respective goals and objectives. The book examines the rate of return on capital, rate of interest on loans and the ease of availability of loans, the difference in the level of technology and ability to acquire technology, project management skills, risk aversion, valuation of the asset and the difference in the economic, political and diplomatic support received by the Chinese and Indian oil companies from their respective governments.