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US sees bipartisan backing for Africa critical minerals projects
The US has approved US$553 million in funding for the Lobito railway project as it seeks to counter China, secure access to critical minerals
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A senior US State Department official reassured African governments that an initiative to help counter China’s influence through developing infrastructure on the continent will continue even after a change in administration.
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The flagship of the plan – a railway project known as the Lobito corridor that connects copper and cobalt mines in the Democratic Republic of Congo to an Atlantic port in Angola – is already far advanced, Helaina Matza, acting special coordinator for the Partnership for Global Infrastructure and Investment, said on Wednesday.
The Biden administration has championed the Lobito project as part of a Group of Seven (G7) infrastructure plan.
The programme aims to deploy US$600 billion by 2027 to close the infrastructure gap around the world to counter China’s Belt and Road Initiative and secure access to minerals critical to the energy transition.
Yet questions have emerged whether Donald Trump would continue the effort if he wins November’s presidential election.
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