In early August, with its release of its strategy toward sub-Saharan Africa, the Biden-Harris administration laid out a bold vision for a 21st-century ... US-Africa partnership. The strategy and the upcoming Africa Leaders Summit, which President Biden and his deputy Harris will host in December, comes at the right time.
Chinese customs authorities’ latest oil buying figures show how powerful this trend is. Purchases are down 23% this year alone. China once imported a third of its oil from Africa. Now that figure is just 10% and declining.