Via Foreign Policy, a report on how the International Development Finance Corporation has put the United States more on the map, but China remains king of global infrastructure: U.S. President Joe Biden combined two of his passions during his much-delayed trip to Africa last week: U.S. foreign policy and trains. At the Lobito port on […]
Read more »Via Bloomberg, a report on US support for African infrastructure aimed at countering Chinese influence in the region: Twice a week, a cargo train groaning under hundreds of tons of copper concentrate pulls into the Angolan port of Lobito from mines in the Democratic Republic of Congo. The locomotive is made by Pittsburgh-based Wabtec Corp. but many of […]
Read more »Via The Africa Report, a look at how Africa’s resource?rich nations look to capitalize on Biden’s Angola trip: Burundi and South Africa are among the countries hoping to attract a piece of the surging US public and private sector interest in the continent’s ‘green’ minerals. US investment in the Lobito rail corridor linking the mines […]
Read more »Via The Atlantic Council, expert commentary on what Biden’s trip to Angola says about US Africa policy, China, and more: It’s a last minute trip that’s a long time coming. On December 2, US President Joe Biden will travel to Angola for what is likely the final foreign trip of his presidency. It’s also his […]
Read more »Via Reuters, a report on President Biden’s long-awaited Africa trip: Biden’s trip delivers on a promise to visit the continent U.S. backed railway project to be a focus of the trip Railway project to open a path for mineral exports to Western nations Joe Biden sets off for Angola on Sunday on a trip that will […]
Read more »Via Bloomberg, a report that an Omani firm has acquired shares in an Angolan diamond-mining venture: An Omani state-backed fund has acquired shares in Angola’s Catoca diamond-mining joint venture from Russia’s Alrosa PJSC. Maaden International Investment LLC’s stake purchase was announced by Mineral Resources Minister Diamantino Azevedo on Thursday. Alrosa, which held a 41% interest in the Catoca […]
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