Financial Times investigative correspondent Tom Burgis delivers a speech on the kleptocratic African states whose power and wealth rely heavily on mineral and oil extraction. Burgis details how these “shadow governments” have created rentier states, concentrating money and power into the hands of a select few who remain unaccountable to their constituents. Using his own experiences throughout sub-Saharan Africa, Burgis provides a passionate explanation of what he calls the “channel of secrecy” that links corrupt African nations with large western corporations.