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cover of episode [WEEK IN REVIEW] China's Role in Africa's Energy Transition and Biden's Angola Trip

\[WEEK IN REVIEW\] China's Role in Africa's Energy Transition and Biden's Angola Trip

2024/11/29
logo of podcast The China in Africa Podcast

The China in Africa Podcast

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People
E
Eric
通过四年的激进储蓄和投资,实现50岁早退并达到“胖FI”状态。
F
Frances Brown
G
Géraud
H
Helena Matza
K
Kobus
Topics
@Géraud :科特迪瓦CIREX会议关注非洲能源转型,讨论了大国竞争对非洲关键矿产的影响,以及如何与中国合作利用其优势。非洲国家需建立良好治理环境,才能更好地与中国合作。人们对中国在非洲矿业的影响存在误解,实际规模可能被夸大。除了刚果(金)和赞比亚,中国在非洲其他地区的关键矿产领域并非主导地位。非洲长期以来依赖西方的采矿模式,未能实现从资源开采到加工和精炼的转型。 @Frances Brown :美国将安哥拉视为战略伙伴,此次拜登总统访安基于双方长期合作关系。美安贸易额不断增长,美国与安哥拉合作解决一系列挑战,包括加强刚果(金)东部的和平与安全。拜登访安的三大目标是提升美国在非洲的贸易、投资和基础设施方面的领导地位,突出安哥拉的区域领导作用,以及强调美安关系的显著发展。访安期间将会有关于洛比托走廊、千年挑战公司与赞比亚签署的协议以及其他领域合作的重大声明。 @Helena Matza :洛比托走廊项目旨在通过铁路投资等方式,连接安哥拉、刚果(金)和赞比亚,促进多个领域的合作,而非仅仅关注关键矿产。铁路投资是该项目的重要组成部分,可以降低运输成本,缩短运输时间,并促进该地区的经济增长。 @Kobus :拜登政府的对华政策是避免让非洲国家在中美之间做出选择,而特朗普政府可能会更倾向于让其选择。美国对非洲的基础设施投资需要考虑美国公司自身的利益,因为从中国购买精炼矿物对美国公司来说仍然是最具成本效益的方案。 @Eric :美国政府试图向非洲国家展示其在贸易、投资和伙伴关系方面的价值,以应对来自其他大国的竞争。习近平主席可能在1月份访问非洲,这可能是为了加强与全球南方国家的联盟,并应对来自七国集团国家的压力。关于习近平主席可能访问的非洲国家,存在多种猜测,包括坦桑尼亚、肯尼亚、科特迪瓦、南非等。

Deep Dive

Key Insights

Why was the Sirexe conference in Ivory Coast significant?

It was the first event organized by Ivory Coast to unite the mining, oil, and energy sectors to discuss synergies for economic development within Africa's energy transition. It brought together ministers and leaders from various African countries, focusing heavily on French-speaking nations, along with representatives from Ghana and Angola.

What were the key discussions at the Sirexe conference regarding Africa's green economy transition?

Discussions centered on the role of critical minerals in the transition, the geopolitical competition surrounding these resources, and China's prominent role in the sector. Concerns were raised about how to approach China's involvement, with some blaming African governments for failing to move beyond extraction towards processing and development.

How accurate are perceptions about China's dominance in Africa's mining sector?

Perceptions of China's dominance are often exaggerated. Data suggests Chinese mining accounts for only 6.7% of African mining output, less than half of Anglo-American's share. This misrepresentation extends to critical minerals, where China's presence is significant in the DRC and Zambia but less so in other regions like Namibia, South Africa, and much of West Africa.

Why is President Biden visiting Angola?

The visit aims to highlight U.S. leadership in trade, investment, and infrastructure in Africa; emphasize Angola's regional leadership; and showcase the evolving U.S.-Angola relationship. Key announcements are expected regarding the Lobito Corridor, a major infrastructure project, along with initiatives on global health security, food security, security sector cooperation, and cultural heritage preservation.

What is the Lobito Corridor, and is it solely focused on critical minerals?

The Lobito Corridor is a regional infrastructure project connecting Angola, DRC, and Zambia. While it aims to facilitate trade and investment across multiple sectors like clean energy and agriculture, its focus on rail investments is crucial. These investments reduce transportation costs, improve shipping times, open access to agricultural land, and support the supply chain for critical energy minerals, which are a key driver of the project.

How does the U.S. plan to use infrastructure investments like the Lobito Corridor to compete with China's influence?

The U.S. emphasizes providing choices and supporting sovereign decisions, rather than forcing countries to choose sides. They believe their value proposition lies in trade, investment, partnership, and people-to-people ties. They contrast their approach with what they characterize as China's problematic practices, such as untrusted digital infrastructure, forced labor, and illegal fishing.

What are the challenges for the U.S. in competing with China in the critical minerals sector in Africa?

One major challenge is the sheer scale of China's refining capacity, which the U.S. and Europe currently lack. This means that even if minerals are sourced from Africa via projects like the Lobito Corridor, they may still end up being processed in China. Additionally, the long-term viability of U.S. initiatives like the Lobito Corridor is uncertain given the upcoming change in administration and the potential shift in priorities under a new president.

Shownotes Transcript

The Sirexe “Salon International des Ressources Extractives et Energetiques”  conference took place this week in the Ivory Coast and brought together ministers, policymakers and corporate leaders from across the continent to discuss Africa's energy transition.

Géraud led the discussion about China's role in that process, both as a key supplier of new energy technologies like photovoltaic power supplies and electrified mobility and, of course, as a major actor in the critical resources extractive sector in Africa.

Also this week, senior U.S. officials briefed the media on President Joe Biden's upcoming trip to Angola. Eric, Cobus, and Géraud discuss the awkward timing of the visit that comes less than two months before Donald Trump returns to the White House and how Angola is now in the middle of the U.S.-China duel in Africa.

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