Capital and colonialism: the return on British investments in Africa 1869-1969

Chapter 1: Introduction -- Part I: Research design -- Chapter 2: Historical context -- Chapter 3: Capital and colonialism in theory -- Chapter 4: Previous research -- Chapter 5: Method and data -- Part II: Aggregate results -- Chapter 6: The rate of return on investment in Africa -- Chapter 7: Risk and return -- Part III: Regional studies -- Chapter 8: North Africa -- Chapter 9: West Africa -- Chapter 10: Central/Southern Africa -- Chapter 11: South Africa -- Part IV: Thematical studies -- Chapter 12: On the ground floor -- Chapter 13: Imperial profits -- Chapter 14: African mining in global perspective -- Chapter 15: Conclusion

Intro -- Acknowledgements -- Contents -- List of Figures -- List of Tables -- 1: Introduction -- Part I -- 2: Historical Context -- Classical Imperialism During the Nineteenth Century -- The European Colonization of Africa -- The City of London, Connecting the World -- References -- 3: Capital and Colonialism in Theory -- Capital and Colonies in Classic Economic Theory -- Marxism, Capitalism and Imperialism -- Imperialism and Special Interests -- Risk, Return and the Empire Effect -- Asymmetric Flows of Information -- Conclusion -- References -- 4: Previous Empirical Research -- Estimating the Profitability of Colonial Ventures -- Limitations of Previous Research in the Field -- References -- 5: Data and Methods -- Company Profits and Return on Investment -- Delimitation -- Estimating the Return on Investment in Equity -- Sources Employed -- Sample of Data for African Companies -- Geographical Location -- Different Types of Colonies -- Sectoral Division -- Company Longevity -- Complementary Qualitative Microdata -- A Note on Terminology -- References -- Part II -- 6: The Rate of Return on Investment in Africa -- Growing Investments in Africa -- Decreasing Market Concentration -- Total Return on Investment in Africa -- Changing Rate of Return over Time -- Testing the Reliability of Our Results -- Return on British Investments in Africa Versus Other Investments -- Conclusion -- References -- 7: Risk and Return -- Volatility -- Equity Risk Premium -- Survival and Death of African Ventures -- Conclusions -- References -- Part III -- 8: North Africa -- The Modernization of Egypt Until Middle of the Nineteenth Century -- Investments, Indebtedness and Foreign Control, 1859-1882 -- The Suez Canal -- Banking -- Economic Development During the British Occupation of Egypt, 1883-1914 -- The Suez Canal -- Banking.