President Biden showcases US-backed railway project in Africa to counter Chinese influence

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President Biden showcases US-backed railway project in Africa to counter Chinese influence - Business Mirror

Quick Summary:

CAPE TOWN, South Africa—President Joe Biden is finally making his long-promised visit to Africa this week, attempting to showcase a US-backed railway project in three countries that he has pushed as a new approach in countering some of China’s global influence.

Lobito was made possible by some American diplomatic success in Angola that led to a Western consortium winning the bid for the project in 2022 ahead of Chinese competition, a surprise given Angola’s long and strong ties with Beijing.

In Angola, Biden will announce new developments on health, agribusiness, security cooperation as well as the Lobito Corridor, White House officials said on a preview call with reporters.