Western states, including the US, are competing with China for critical minerals in Africa, with Kenya and the US nearing a deal.
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Updated 1 hour ago
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What happened
Western states, including the US, are competing with China for critical minerals in Africa, with Kenya and the US nearing a deal.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Xi Jinping met with Botswana's President in Beijing to discuss African mineral resources and China's support for African resources.Sub-event
G7 and Western states are vying with China for African critical minerals.1 source
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The entities involved
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Kenya
country in Eastern Africa
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Beijing
capital city of China
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International Energy Agency
autonomous intergovernmental organisation
- Global oil market dynamics are being shaped by divergent views on demand forecasts, US policy shifts under the Trump administration, slower EV uptake in Europe, and major export cuts from Gulf producers due to the Iran war.
- IEA forecasts a global increase in coal demand, noting that rising natural gas prices are boosting coal usage.
Related events
- Kenya is pursuing a critical minerals deal with the US, while the G7 plans to expand the International Energy Agency's role.
- High-level discussions took place regarding critical minerals opportunities in Kenya, commercial diplomacy, and strengthening the vital US partnership with the country.
- A development involving critical minerals investment and setting precedents for producers in Africa, specifically involving Kenya.
- US and China held summit discussions on critical mineral supply stability and rare earth trade.
- China and Angola deepen economic cooperation, with Chinese investment exceeding US$27 billion.