Uncle Sam Planning to Pour Even More Cash Into Africa as Critical Mineral Race Heats up - The Daily Bo Snerdley

Uncle Sam planning to pour even more cash into Africa as critical mineral race heats up - The Daily Bo Snerdley

The Trump administration is looking to pour more money into African mining projects as Washington battles to break Beijing’s grip on critical minerals. The U.S. International Development Finance Corporation (DFC), a federal agency that helps fund businesses and projects in developing countries, plans to expand direct investments in strategically important projects, including African critical mineral operations, according to Reuters. The move wou…

US agency to do more equity investing in Africa, official says

The US International Development Finance Corp plans to increase direct equity investments, including in Africa and in the critical minerals sector, the agency's Africa head said, according to Reuters on October 9, 2026. The move comes as the...