#1
#1 out of 1
world1d ago
Africa at the center of US–China resource race – DW – 12/12/2025
- US firms in Africa invested just under $8 billion in 2023, nearly twice the amount of Chinese competitors.
- China backs long‑term strategic goals with government support, unlike profit‑driven private US investments.
- Trump signaled a shift from aid to trade, aiming to secure Africa’s raw materials for US interests.
- The AU Green Commodities Strategy seeks 10% export tariffs to capture more value in Africa.
- Africa’s critical minerals, like lithium and cobalt, attract multi‑billion investments from China and other actors.
- The Lobito Corridor and EU Global Gateway are cited as competing routes for mineral logistics.
- Private US investments contrast with China’s state‑backed, hands‑on infrastructure approach in Africa.
- The Dutch role as a conduit sometimes makes it the largest investor in Africa due to transnational capital flows.
- EU and AU leaders discuss cooperation in Angola as part of broader regional infrastructure efforts.
- Africa remains rich in critical minerals, with ongoing debates on how to ensure local value capture.
Vote 0